Explosive Growth: Private sector bank's net profit jumps 1,642 per cent to Rs 2,195 crore in FY23; declares stellar dividend!
Explosive Growth: Private sector bank's net profit jumps 1,642 per cent to Rs 2,195 crore in FY23; declares stellar dividend!

Explosive Growth: Private sector bank's net profit jumps 1,642 per cent to Rs 2,195 crore in FY23; declares stellar dividend!

The shares of the company also saw a spurt in volume by more than 1.71 times on BSE.

Kiran Shroff Article rating: 4.1

Banking outlets as on March 31, 2023, stood at nearly 6,000, the network consists of 1,411 branches and 4,588 banking units. Furthermore, the company have declared a dividend of 15 per cent or Rs 1.50 per equity share having a face value of Rs 10 each.

IDFC MF rebrands to Bandhan Mutual Fund
IDFC MF rebrands to Bandhan Mutual Fund

IDFC MF rebrands to Bandhan Mutual Fund

IDFC MF was acquired by consortium comprising Bandhan Financial Holdings Limited (BFHL), GIC and ChrysCapital. IDFC Mutual Fund has now been rebranded as Bandhan Mutual Fund. Continue reading to learn more.

Henil Shah Article rating: 5.0

IDFC Mutual Fund rebrands to Bandhan Mutual Fund. Check out this article for more details.

Looking to invest in FDs? These banks are offering rates of up to 8 per cent
Looking to invest in FDs? These banks are offering rates of up to 8 per cent

Looking to invest in FDs? These banks are offering rates of up to 8 per cent

Bank fixed deposits are considered to be one of the safe options to park your money for the short term. This article details the banks offering rates up to 8 per cent.

Henil Shah Article rating: 5.0

Are you looking to invest in FDs? Check out this article that lists private sector banks offering rates of up to 8 per cent.

This banking stock soared over 3.6 per cent after receiving a claim under a scheme of Rs 916 crore. Do you own it?
This banking stock soared over 3.6 per cent after receiving a claim under a scheme of Rs 916 crore. Do you own it?

This banking stock soared over 3.6 per cent after receiving a claim under a scheme of Rs 916 crore. Do you own it?

The bank has received a claim under the scheme for FY 2022-23 amounting to Rs 916.61 crore.

Bhavya Rathod Article rating: 4.0

In Q2FY23, the company reported a standalone total income of Rs 4249.87 crore, which is 15.72 per cent up from the corresponding quarter last year.

This banking stock soared over 4 per cent after receiving an upgrade from CLSA. Do you own it?
This banking stock soared over 4 per cent after receiving an upgrade from CLSA. Do you own it?

This banking stock soared over 4 per cent after receiving an upgrade from CLSA. Do you own it?

CLSA Asia-specific markets upgraded the bank to “buy” from “outperform”, primarily due to attractive valuations

Bhavya Rathod Article rating: 5.0

In Q2FY23, the company reported a standalone total income of Rs 4249.87 crore, which is 15.72 per cent up from the corresponding quarter last year

Reliance and Maruti aided Nifty recovery; India VIX drifted below 16 mark!
Reliance and Maruti aided Nifty recovery; India VIX drifted below 16 mark!

Reliance and Maruti aided Nifty recovery; India VIX drifted below 16 mark!

Interestingly, India VIX (which gauges market volatility) has drifted below the level of 16

Karan Dsij Article rating: 4.2

Talking about the sectoral indices, the majority of the sectors ended in red with Nifty Metal and Pharma losing over a per cent each. On the other hand, Nifty Auto and Energy jumped 1.63 per cent & 1.39 per cent, respectively.   

Overnight Digest: Stocks to be watched on April 13
Overnight Digest: Stocks to be watched on April 13

Overnight Digest: Stocks to be watched on April 13

Apart from BSE Bankex, all other sectoral indices ended in the red with IT, metal, realty, oil & gas, and capital goods indices contracting between 1 and 3 per cent.

Shreya Chaware Article rating: 4.8

The domestic benchmark indices closed in red for the second consecutive session in the volatile market on Tuesday. India VIX, the volatility gauge of domestic markets, was trading lower along with the headline indices. Before the session closed, it contracted 0.49 per cent, but is still holding above 18 levels. 

Overnight Digest: Stocks likely to be in focus on April 11
Overnight Digest: Stocks likely to be in focus on April 11

Overnight Digest: Stocks likely to be in focus on April 11

The total stocks traded today were 3,509, out of which, 2,291 advanced and 1,095 stocks declined.

Shreya Chaware Article rating: 3.7

On Friday, the markets broke the losing streak and ended higher after RBI's Monetary Policy Committee kept the key rates unchanged. 

Syndicate of Bandhan Financial, ChrysCapital and GIC acquire IDFC mutual fund
Syndicate of Bandhan Financial, ChrysCapital and GIC acquire IDFC mutual fund

Syndicate of Bandhan Financial, ChrysCapital and GIC acquire IDFC mutual fund

IDFC Asset Management Company is being acquired by a group led by Bandhan Financial. Should investors be concerned? Continue reading to find out.

Henil Shah Article rating: 5.0

IDFC Asset Management Company is being acquired by a group led by Bandhan Financial. Should investors be concerned? Continue reading to find out.

DSIJ MINDSHARE

Mkt Commentary2-Jun, 2023

Mindshare2-Jun, 2023

Mindshare2-Jun, 2023

Mindshare2-Jun, 2023

Mindshare2-Jun, 2023

Knowledge

General2-Jun, 2023

Fundamental28-May, 2023

Fundamental17-May, 2023

DALAL STREET INVESTMENT JOURNAL - DEMOCRATIZING WEALTH CREATION

Investment in securities market are subject to market risks.Read all the related documents carefully before investing.
Registration granted by SEBI, membership of BASL (in case of IAs) and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.