Kotak Mahindra Bank has been a significant focus among investors recently, reflecting the growing interest in the banking sector. As of March 24, the bank’s shares rose over 5%, reaching ₹2184.70, marking a 41-month high for the company. This price surge has captured the attention of analysts and stakeholders alike, prompting discussions on the underlying ...
RBL Bank’s shares took a significant hit on Monday, plummeting over 14% to reach ₹175.10. This decline marks a new 52-week low for the private bank’s stock. The sharp drop in share prices has been attributed to disappointing quarterly results, where the bank reported a 24% decrease in profit for the quarter ending September 2024. ...
The banking sector continuously evolves to adapt to economic changes and customer needs. Recently, a major bank announced a new interest rate bracket that will impact savings accounts holding less than ₹500,000. This change reflects current market trends and the bank’s strategy to manage its financial offerings effectively. Overview of the Interest Rate Adjustment The ...