DARK SECRETS: 5 | Rare Historical Photos

Two dead and one hurt after suspect opens fire on their family at North Carolina home

One victim was taken to the hospital to be treated for a gunshot wound, police said

The Independent UK · Aug 5

Banks mobilise $27.99 billion via FCNR deposits since RBI introduced USD-rupee forex swap facility

Banks have mobilized USD 27.99 billion from non-resident Indians through a forex swap facility. Domestic payment frauds across all banks amounted to Rs 489 crore as of June 2026. Near-universal banking coverage has been achieved, serving most inhabited villages with banking outlets. Over 58.77 crore PMJDY accounts hold substantial balances,…

The Economic Times · Aug 3

Nifty Q1 earnings grow 11% to beat estimate, says Motilal Oswal; picks Bharti Airtel, SBI, ICICI Bank among top bets

Nifty companies have posted a stronger-than-expected start to Q1 earnings, with profits of 39 reporting constituents rising 11% YoY, beating Motilal Oswal’s 7% estimate. Reliance Industries, JSW Steel, ICICI Bank, Bajaj Finance and Axis Bank drove 59% of incremental earnings growth, while InterGlobe Aviation, ITC, Dr Reddy’s, Cipla and Maruti…

The Economic Times · Aug 3

State Bank of India's perpetual bond demand seen spurring more issuances, bankers say

State Bank of India's recent success in selling perpetual bonds is setting a positive precedent for other banks. With several lenders preparing for perpetual bond call options this fiscal year, they may be encouraged to initiate fresh debt offerings. This trend underlines banks' focus on bolstering capital buffers to foster…

The Economic Times · Jul 31

SBI raises Rs 4,691 crore via Tier 1 bonds at 7.75% coupon

State Bank of India raised Rs 4,691 crore through Basel III-compliant Additional Tier 1 bonds at a 7.75% annual coupon. The issue received bids exceeding twice the base size, reflecting strong demand from institutional investors across multiple domestic financial segments.

The Economic Times · Jul 29

HDFC Bank, Axis Bank collect highest penalties from customers for non-maintenance of minimum average balance; Bank of Baroda tops public sector bank list

HDFC Bank, Axis Bank, and Bank of Baroda collected the most penalties for low balances. Public sector banks collected these charges from FY 2021-22 to FY 2025-26. Private sector banks collected penalties from FY 2022-23 to FY 2025-26. Most public sector banks have now withdrawn these charges for savings accounts.…

The Economic Times · Jul 29

SBI recruits 1,930 Circle Based Officers to strengthen banking operations

State Bank of India has recruited 1,930 Circle Based Officers nationwide. These new officers will strengthen customer service and banking operations across all branches. They will support customer engagement and deliver personalised banking services to over 53 crore customers. The bank continues to invest in talent development for an agile…

The Economic Times · Jul 25

Buy L&T, Emmvee and RR Kabel once market selloff eases: LKP’s Rupak De

Nifty’s fall below its 50-day EMA signals rising bearishness, with 23,600 emerging as crucial support. Rupak De warns a breakdown could trigger sharper selling, while Bank Nifty remains weak. He recommends LTM, Emmvee and RR Kabel as top stock picks despite broader market volatility.

The Economic Times · Jul 25

Highest 5-year senior citizen FD interest rates: Public vs private sector banks- which offers highest maturity

Highest FD rates: Senior citizens can secure higher returns on fixed deposits with select banks. Bandhan Bank, IndusInd Bank, and YES Bank offer 7.75% on three-year FDs. DCB Bank leads with an 8.00% interest rate for five-year fixed deposits. Public sector banks like Bank of India provide 7.45% on three-year…

The Economic Times · Jul 25

India's SBI Card posts higher quarterly profit on asset quality boost

SBI Cards announced an impressive profit surge attributed to lower provisions for bad loans. A remarkable rise in card spending highlighted robust consumer and corporate appetite, alongside a boost in total revenue propelled by increased transaction volumes across their card offerings. Furthermore, the company's asset quality has notably improved with…

The Economic Times · Jul 24