Top 8 firms add over ₹4 lakh crore in market cap, HDFC Bank, ICICI Bank lead gains
In a week, the market valuation of eight of the top 10 most valued firms surged by ₹4,13,003.23 crore, with HDFC Bank and ICICI Bank emerging as the biggest gainers.
In a week, the market valuation of eight of the top 10 most valued firms surged by ₹4,13,003.23 crore, with HDFC Bank and ICICI Bank emerging as the biggest gainers.
Last week, the combined market valuation of six of the top-10 most-valued firms increased by ₹63,478.46 crore, led by Larsen & Toubro and State Bank of India, which emerged as the biggest gainers.
The bank continues to maintain contingency provisions of ₹13,100 crore, equivalent to around 0.9% of total advances, as a prudent buffer.
Tata Capital, the financial services arm of Tata Sons, has appointed around 10 investment banks to manage its initial public offering (IPO), which is scheduled this year, it has been announced.
A collective surge in market valuation among six of the top -10 most valued companies was recorded last week amounting to a notable increase of Rs 1,30,734.57 crore.
In recent days, an increasing number of GST notices have been sent to many companies mainly on account of alleged discrepancy in input tax credit (ITC).
Amid the correction happening in the smallcap and midcap stocks, global brokerage firm Jefferies sees the development as healthy as it is not a larger meltdown.
The global investment banking firm Goldman Sachs has downgraded State Bank of India (SBI) and ICICI Bank, saying the Goldilocks period for banks is over.
The complaint made to NCPCR states that the particular bank is calling the grandparents of these four siblings in regard to the repayment of the loan taken by the applicant the parents of the minor who succumbed to COVID-19.
he investment has been done by India Advantage Fund Series 4 and Dynamic India US S4 I, which are funds advised by ICICI Venture.
