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HDFC Bank gains after reporting double-digit growth in deposits and advances in Q3

Read more about HDFC Bank gains after reporting double-digit growth in deposits and advances in Q3 on Business Standard. HDFC Bank rose 0.41% to Rs 1433.60 after the bank said its advances grew around 16% to approximately Rs 10,82,000 crore as of 31 December 2020 compared with Rs 9,36,000 crore as of 31 December 2019.

Karur Vysya Bank Limited reports increase in total business for period ended Dec 31, 2020

Karur Vysya Bank Limited reports increase in total business for period ended Dec 31, 2020 Posted On: Karur Vysya Bank Limited has announced business updates (provisional) as of December 31, 2020. Total business was at Rs. 1,14,193 crore (provisional) as of December 31, 2020 as compared to Rs. 1,07,591 crore as of March 31, 2020 and Rs. 1,11,875 crore as of December 31, 2019. Total deposits of the bank stood at Rs. 62,090 crore (provisional) as of December 31, 2020 as against Rs. 59,075 crore as of March 31, 2020 and Rs. 62,262 crore as of December 31, 2019. CASA was at Rs. 21,501 crore (provisional) as of December 31, 2020 as compared to Rs. 18,507 crore as of March 31, 2020 and Rs. 19,063 crore as of December 31, 2019.

Exclusive| Billionaire Yuri Milner Fund In Talks To Invest In Rupeek

Exclusive| Billionaire Yuri Milner fund in talks to invest in Rupeek Milner, along with other top VCs, is in talks to invest in gold loans startup Rupeek, nearly doubling its valuation in less than a year. Its current backers include Sequoia, Accel and Binny Bansal. Rupeek founder Sumit Maniyar Yuri Milner, the billionaire chief of global technology fund DST Global, is in advanced discussions to back gold-loans startup Rupeek, nearly doubling its valuation in less than a year, sources have said. One of the world s most influential investors, Milner s Gemini Investments, along with other partners of DST Global, are expected to lead a round of about $45 million, valuing Rupeek between $550-600 million, sources said.

market outlook: Ahead of Market: 12 things that will decide stock action on Wednesday

Explore Now NEW DELHI: Nifty on Tuesday managed to stage a rebound forming a bullish harami pattern signalling that the 50-pack index is likely to be back on its upward journey after yesterday s pause. Aditya Agarwala, Senior Technical Analyst, YES Securities, said, “A sustained trade above 61.8% Fibonacci retracement level of the entire fall, i.e., 13,535 can trigger more short covering rallies taking the index back to levels of 13,580-13,650. However, failure to breakout of the 61.8% Fibonacci resistance may resume the corrective phase, dragging the Nifty lower to levels of 13,400-13,320. “Market took an unexpected positive momentum in the afternoon, during a see-saw trading day, following the positive opening of the European market, which recovered from yesterday’s sell-off. Volatility is expected to stay high in the near term due to strict lockdown impacting economic recovery. However, the market is expected to remain bullish in the medium to long term, backed by overa

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