HDFC Bank third Indian co to cross Rs 5 lakh crore m-cap

HDFC Bank became the third Indian company to cross a new milestone of Rs 5 lakh crore in market capitalisation in early trade on Thursday.  IT major Tata Consultancy Services and oil and telecom behemoth Reliance Industries have achieved this feat earlier.  The stock bolted out, surging as much as 3.3 per cent to a fresh all-time high of Rs […]

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Kotak Mahindra Bank Q3 profit may rise 21%, low cost deposit flow could be strong

Private sector lender Kotak Mahindra Bank's third quarter (October-December) standalone profit is seen rising 21 percent to Rs 1,064.2 crore, compared to Rs 879.8 crore in year-ago. The Street is anticipating highest NII growth rate in last few quarters. Net interest income is expected to increase 19.4 percent to Rs 2,448.2 crore for quarter ended December 2017, compared to Rs 2,050.3 […]

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V Vaidayanathan to be the fifth ICICI exec to run a bank

ICICI Group has taken on the mantle of being a leadership factory in the financial sector.  V Vaidyanathan is the latest in the series of ICICI Bank CEO aspirants to head a bank of his own. The merger of Capital First with IDFC Bank will result in Vaidyanathan fulfilling his dream of setting up a universal bank. Over the years, several ICICI Group's […]

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