Bank Nifty News and Updates

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Federal Bank Ltd.

10 Jun 2025

212.12

0.74%

Federal Bank Bets Big On MSME Growth To Offset Margin Pressure

NDTV Profit

The private sector bank plans to grow its MSME loan book by 18-19% year-on-year in the current financial year

Federal Bank Ltd. has an average target of 226.86 from 13 brokers.

Bank Nifty

10 Jun 2025

56999.05

0.41%

Sectoral Technical Snapshot

Bank Nifty

SBI Securities

Retail Research

Bank Nifty is trading above all available SMAs

Bank Nifty

10 Jun 2025

56999.05

0.41%

Daily Market Mirror

Bank Nifty

SBI Securities

End of Day Summary

Bank Nifty is trading above all available SMAs

State Bank of India

09 Jun 2025

815.35

0.80%

SBI to shed exposure to ailing power equipment maker Regen Power

Business Standard

SBI to offload 1,550-crore stressed loan exposure in Regen Power to clean up its books; auction reserve price set at 240 crore

State Bank of India is trading above all available SMAs

ICICI Bank Ltd.

09 Jun 2025

1427.30

0.30%

How ICICI Bank RM stole Rs 4.6 cr from customers - and what you must learn

Business Standard

The fraudster cleverly used a pool account - a single account where money from multiple sources (like broken fixed deposits, overdrafts, and fake personal loans) was collected.

Number of FII/FPI investors increased from 2388 to 2439 in Mar 2025 qtr.

Bank Nifty

09 Jun 2025

56999.05

0.41%

Sectoral Technical Snapshot

Bank Nifty

SBI Securities

Retail Research

Bank Nifty is trading above all available SMAs

HDFC Bank Ltd.

08 Jun 2025

2002.00

0.96%

Lilavati Trust's allegations against MD & CEO Jagdishan baseless: HDFC Bank

Business Standard

Lilavati Trust alleges HDFC Bank CEO Jagdishan took 2.05 crore in unaccounted cash from former hospital trustees to harass the father of a current Trust member; bank denies claim as baseless

HDFC Bank Ltd. is trading above all available SMAs

HDFC Bank 'Strongly' Denies Allegations Against Its MD And CEO, Calls It 'Malicious'

NDTV Profit | 08 Jun 2025

Canara Bank

07 Jun 2025

114.87

1.06%

Short Take: Indian Bank & Canara Bank F&O adjustments for dividend

Business Line

Indian Bank (634.05) has announced an interim dividend of 16.25. Canara Bank (115.71) announced a dividend of 4.

Canara Bank has gained 23.22% in the last 6 Months

Punjab National Bank

06 Jun 2025

112.27

1.40%

PNB cuts lending rate to 50 basis point in line with RBI's policy

Business Standard

Hours after RBI's jumbo rate cut, state-owned Punjab National Bank (PNB) on Friday announced up to 50 basis points reduction in lending rate, a move which will help existing and new borrowers. Other banks are also expected to make similar announcements soon. "Great News for Our Valued Customers! Punjab National Bank Makes Your EMIs More Affordable! Following the repo rate cut (6.00% - 5.50%), Punjab National Bank has reduced its RLLR by 50 bps, effective from June 9, 2025," PNB said in a post on X. With the reduction in the benchmark repo-linked benchmark lending rates (RBLR), the home loan of the bank will start from 7.45 per cent while vehicle loans from 7.8 per cent per annum. Earlier in the day, the Reserve Bank of India (RBI) cut interest rates by a larger-than-expected 50 basis points, and unexpectedly reduced the cash reserve ratio for banks to make available more money to lend in a bid to boost the economy. The RBI's six-member monetary policy committee, headed by Governor