Stock Market News Updates Today: Nestle India, Titan, RIL, ITC, HUL, HCL Tech, ONGC, HDFC, TCS, PowerGrid and ICICI Bank were among the top losers today. On the other hand, Bajaj Auto, SBI, Bajaj Finance and Reliance Industries were among the gainers

The government is considering a merger of 15-year-old IIFCL, which is a government-backed non-banking finance company, into the new DFI

RBI's database, reports and other evidence show India is credit surplus; large industrial houses have high debt stress, and that easy credit poses serious macro-financial risks to the economy

Today, SBI shares traded 1.66% higher at the day's high of Rs 403.45 against the last close of Rs 396.85. SBI stock opened at Rs 397.40, and also hit the day's low of Rs 389.10

Stock Market Live News Today: Sensex and Nifty continued hitting new all-time highs today. Both benchmarks hit fresh lifetime highs of 51,523 and 15,159 earlier today

At 21% recovery, IBC has performed worse than UPA-era debt recovery mechanisms panned for inefficiencies. The idea of a bad bank is also likely to fail if political interference and poor bank governance continue

HDFC Bank was the biggest gainer from the pack as its market valuation jumped Rs 1,13,516.92 crore to Rs 8,79,735.51 crore

Little attention to direct income support, health and education deprivations, and revival of small businesses will keep the demand and production of goods and services depressed in FY22

In the last five sessions, SBI stock has risen 41.78%. SBI stock is trading higher than 5, 20, 50, 100 and 200-day moving averages. The stock has risen 42% in one month and 45% year-to-date

Economists, CEOs, consultants, sector specialists interpret Nirmala Sitharaman's 'Never-before' Budget

Sensex and Nifty hit fresh lifetime highs of 50,678 and 14,913 during today's session

SBI's net interest income rose 3.8 YoY to Rs 28,820 crore. On a quarter-on-quarter (QoQ) basis, it rose 2.3 per cent from Rs 28,181 crore in September quarter.

This ARC-AMC entity will be set up by the banks; there will be no government equity, said the Banking Secretary. This means there will be ARCs and AMCs at bank level to deal with bad debt

Bold measures have been proposed in the budget, such as privatisation of two public sector banks and a general insurance company in this fiscal, higher FDI in the insurance sector, exhibiting India's confidence to be globally competitive

Budget 2021: The Reserve Bank of India, in a recent report on upcoming banking trends in the country, had pointed out the sector is set for an asset quality shock

For people to benefit, the budget needs overhauling to create jobs; revive small businesses; address poverty and health and education deprivations. Pursuing the existing paradigm of growth may push GDP and stock markets up without improving the living standards of the vast majority

The government gives guaranteed return to private companies in its business dealings and considers their profit-motive good and desirable. Why the same doesn't hold true for farmers?

The bank had said that a total of over Rs 18,551 crore of its Rs 1.69 lakh crore of advances were in some stress as of December 31, 2020

Misdirected stimulus that relies heavily on liquidity infusion when demand is depressed and incentivising loan defaults by routinely writing off NPAs threaten financial stability and economic recovery

In today's session, Sensex and Nifty hit new lifetime highs of 49,479 and 14,563, respectively. Reliance Industries, L&T, Bharti Airtel, ITC, Bajaj Finserv and TCS were among the gainers on Sensex chart