Domestic markets dropped further by the second half of Monday after European stocks declined at the opening bell amid cautious trade in global markets as investors focused on the developments surrounding the pandemic and vaccine rollout

The four banks on the shortlist are Bank of Maharashtra, Bank of India, Indian Overseas Bank and the Central Bank of India, two officials told Reuters on condition of anonymity as the matter is not yet public

Jack Ma's Ant Group has reached a deal with Chinese regulators on restructuring plan and it is expected to be announced officially before the start of China's Lunar New Year holiday next week

The continuation of forbearance policies has unintended and detrimental consequences for banks, companies and the economy, the Survey said

HDFC, ONGC, ITC, L&T, RIL, NTPC were among the top losers today, while Bajaj Auto, Maruti, M&M, TCS, HUL were among the top gainers on Sensex

Rating agency Icra gave a \"stable\" outlook for the sector, whose size is pegged at over $180 billion by industry lobby Nasscom, including the business process outsourcing business

SBI SVA-Nidhi loans: Banking experts say the interest rate under street vendor is quite reasonable as there is no collateral requirement

Complete digitisation of loan disbursal and repayment processes to become reality soon

The new scheme will undergo changes on the fund allocation across asset classes

Bharat Pe and Centrum Group are among four groups which have made the submissions to the Reserve Bank of India (RBI) for the acquisition. Meanwhile, both Bharat Pe and Centrum will hold equal stakes in the venture

India Stock Market Highlights Today: Global equities were bearish today as coronavirus infections increased in parts of North Asia, such as Japan and South Korea, and weighed on investor sentiment. European countries have banned flights from the UK as the British government began emergency lockdown on Sunday, over fear of new virus strain.

Brent crude was 50 cents, or 1%, higher at $52.00 at 1447 GMT, having reached $52.02, its highest since March. U.S. West Texas Intermediate (WTI) crude was up 46 cents at $48.82 after touching $48.87, its highest since February

India Stock Market Highlights Today: During the session, Sensex hit an all-time high of 46,309 and Nifty too logged a record high of 13,579

Allowing big industrial houses in the banking sector has its own set of challenges

India Stock Market Highlights Today: During the session, Sensex touched a lifetime high of 45,148 and Nifty hit an all-time high of 13,280

Looking ahead, services firms were confident of a rise in business activity in the coming 12 months. The overall degree of optimism improved to a nine-month high

Yellen, who is widely admired in the financial world, would be the first woman to lead the Treasury Department in a line stretching back to Alexander Hamilton in 1789

There is some hope with the new merger partner DBS Bank. But the bad loan story is not over yet as many fear the skeletons would tumble out of the closets in the months to come

Simpl, Lazypay, ZestMoney and FlexPay are some of the options that let you buy now and pay later

India Stock Market Highlights Today: HCL Tech, followed by L&T, M&M, Tech Mahindra, Maruti, TCS, Asian Paints, Infosys and HDFC Bank were among the top gainers today. On the other hand, ONGC, Nestle India, SBI, ICICI Bank and IndusInd Bank were among the laggards