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ICICI Bank has rolled back its minimum average balance hike after public backlash, reducing it to Rs 15,000 for metro and urban customers, Rs 7,500 for semi-urban, and Rs 2,500 for rural areas. Penalties still apply for balances below the limit
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Standalone profit rose to Rs 18,155 crore, while gross NPAs inched up to 1.4 per cent and margins narrowed
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ICICI Bank had offered to take over mortgage lender HDFC Ltd before its reverse merger with HDFC Bank, says former HDFC chairman Deepak Parekh
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With mobile trading apps, low brokerage fees, and better access to financial education, retail investors are no longer sitting on the sidelines. They’re actively participating in the futures and options segment—particularly within sectoral indices like Bank Nifty, which reflects the performance of India's banking sector.
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The stock rallied 2.27 per cent to Rs 1,950 -- its 52-week high level -- on the BSE. At the NSE, it climbed 2.30 per cent to hit the one-year peak of Rs 1,950.70
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According to market watchers, technically, Bank Nifty has formed a strong bullish candle on the daily chart, making a high of 54,407.20 — just 60 points away from its all-time high
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Total income increased to Rs 89,488 crore during the quarter under review, as against Rs 89,639 crore in the same period of last year, HDFC Bank said
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At the event, Dr D Nageshwar Reddy, chairman of AIG Hospitals in Hyderabad, stressed the vast opportunity for professionals from diverse backgrounds to drive AI revolution
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HDFC Bank's gross non-performing assets (NPA) ratio rose during the December quarter
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Sensex, Nifty opened on an optimistic note mainly due to buying in heavyweights Infosys and HDFC Bank
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During intra-day trading, the Sensex dropped by 530 points, or 0.67%, reaching 78,158, while the Nifty fell by 180 points, or 0.76%, to 23,702. The Sensex also hit an intra-day low of 77,959 during the session.
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Later, both the benchmark indices faced volatility and were trading with marginal gains
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The BSE Sensex plummeted 1,264.2 points to 83,002.09 in early trading, while the NSE Nifty fell 345.3 points to 25,451.60. Among the 30 Sensex companies, major laggards included Tata Motors, Asian Paints, Larsen & Toubro, Axis Bank, Mahindra & Mahindra, Reliance Industries, Maruti, Kotak Mahindra Bank, ICICI Bank, and HDFC Bank.
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Nifty midcap 100 index was up 147 points or 0.24 per cent at 60,860 and Nifty smallcap 100 index was up 37 points or 0.19 per cent at 19,586
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HDFC national vice president Pavan Kumar and his six managers’ team distributed appointment letters to 17 students at the university administration here on Tuesday.
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Police said that the sender in the email demanded the resignation of RBI governor Shaktikanta Das and Union Finance Minister Nirmala Sitharaman.
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The 30-share BSE Sensex declined 243.36 points to 66,039.38. The Nifty slipped 59.2 points to 19,691.85.
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The Nifty gained 51.75 points or 0.26 per cent to end at 19,716.45. It moved between a low of 19,554 and a high of 19,730.70 in day trading.
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The combined market valuation of eight of the 10 most valued firms plunged by Rs 2,28,690.56 crore in a holiday-shortened last week
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The BSE Sensex closed 180.96 points or 0.28 per cent lower at 65,252.34 with 18 of its constituents ending in the red