News for First Bank (FRBA)

The largecap banking stock nosedived to a 5-year low of ₹649, the lowest level last seen in March 2020, while its m-cap slipped to ₹51,102 crore.

The NSE Nifty index closed 37.61 points up at 22497.9

The Nifty Bank index closed 0.75 per cent down at 47853.95.

The Nifty Bank index was trading 0.59 per cent down at 47932.5.

PR NewswireLOS ANGELES, March 10, 2025 LOS ANGELES, March 10, 2025 /PRNewswire/ -- Broadway Financial Corporation ("Broadway" or the "Company") (NASDAQ: BY

At the 25th ET Awards, winners celebrated with their families on stage. Highlights include Lenskart founder Peyush Bansal's team appreciation, Vishakha Mulye's colleague anecdotes, and Kumar Mangalam Birla's emotional tribute from daughter Ananya, among others. The event showcased personal stories behind professional achievements.

The two banks which recently added to the list are Tamilnad Mercantile Bank (included on March 5, 2025) and IDFC First Bank which got added on Nov 27, 2024. Another bank which added to the list is Dhanlaxmi Bank on June 26, 2024.

The Nifty Bank index closed 0.27 per cent down at 48497.5.

India is addressing one of its worst liquidity deficits through aggressive steps by the Reserve Bank of India, which has injected about $68 billion into the financial system since late January. These efforts are expected to create a liquidity surplus by the end of March, aiding better transmission of interest-rate cuts and supporting economic growth.

The Income Tax Department has expanded its partnership with several banks to offer enhanced tax payment services.

The Nifty Bank index was trading 0.1 per cent up at 48675.6.

Recent near-miss errors underscore the risk of manual spend controls. Virtual card solutions and unified expense platforms can help.

India's central bank may have room for monetary easing due to the faster decline in global crude oil prices counterbalancing the rupee's fall against the US dollar. The falling price of Brent crude mitigates imported inflation risks, potentially easing consumer prices and supporting further rate cuts by monetary authorities.

Indias central bank may have room for monetary easing due to falling global crude prices offsetting risks from a weaker rupee. Despite concerns over imported inflation affecting the consumer price index, easing energy prices could help lower import costs, thereby supporting further rate reductions.

The Nifty Bank index closed 0.28 per cent up at 48627.7.

The Nifty Bank index was trading 0.13 per cent up at 48553.45.

Net NPAs increased to Rs 36,260 crore in the December quarter from Rs 34,843 crore in September and Rs 33,116 crore in December 2023, observes Tamal Bandyopadhyay.

The Nifty Bank index was trading 0.42 per cent up at 48447.3.

The Nifty Bank index closed 0.27 per cent up at 48245.2.