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The rating agency noted that losses were reported at 19 of the 21 state banks in FY18, including State Bank of India (SBI), while earnings at the large private banks also came under significant pressure, with Axis Bank reporting its first-ever quarterly loss.

Banks Report Better Q2FY26 Earnings

Banks that have declared their results so far this week have reported strong loan growth, stable margins, and robust...

16 Oct 2025 9:10 PM IST

HDFC Bank CEO Moves Bombay HC To Quash FIR In Lilavati Hospital Bribery Case

HDFC Bank CEO Moves Bombay HC To Quash FIR In Lilavati Hospital...

According to the FIR, Jagdishan allegedly accepted a bribe of ₹2.05 crore to help a group, including Chetan Mehta and...

18 Jun 2025 9:26 PM IST

HDFC ERGO, countrys third largest non-life insurance provider in the private sector.

HDFC ERGO General Insurance Appoints Parthanil Ghosh as Executive...

His deep understanding of the insurance landscape, along with his exceptional leadership has played a vital role in...

20 May 2025 12:30 PM IST

HDFC Bank Parivartan To Empower 1,000 Villages With Renewable Energy Solutions

HDFC Bank Parivartan To Empower 1,000 Villages With Renewable Energy...

Over 61,500 solar streetlights installed across 22 states

22 April 2025 5:26 PM IST

HDFC Bank Launches Anmol Salary Account: Know More

HDFC Bank Launches Anmol Salary Account: Know More

India’s First Cyber Fraud Cover Integrated Offering for PSU Employees

13 Feb 2025 9:08 AM IST

However, a positive opening in domestic equity market and easing crude oil prices supported the rupee and restricted the fall, forex dealers added.

Rupee falls 2 paise to close at 79.80 against US dollar

MUMBAI: The rupee pared its initial gains and settled 2 paise lower at 79.80 (provisional) against the US dollar on...

19 Sept 2022 4:28 PM IST