BSE BANKEX News and Updates

Keep track of all breaking news on BSE BANKEX from all sources in a single place.

ICICI Bank Ltd.

11 Apr 2025

1311.65

0.83%

ICICI Bank Board May Consider Raising Funds Via Debt Securities on April 19

NDTV Profit

The board may consider various instruments including NCDs, bonds, notes, or offshore certificate of deposits in overseas markets.

ICICI Bank Ltd. is trading above all available SMAs

YES Bank Ltd.

11 Apr 2025

17.15

-0.06%

This is a pullback, not start of a bear phase, says Amar Ambani, Executive Director, YES Securities

Business Line

While headwinds exist, India's banking system remains robust, corporates are deleveraged, and despite a slowdown in the property market, developers have fortified balance sheets, says Amar Ambani, Executive Director, YES Securities.

YES Bank Ltd. is trading below its 50 day SMA of 17.6

Axis Bank Ltd.

08 Apr 2025

1068.95

0.69%

Fintech firm Razorpay launches Turbo UPI Plugin on BHIM Vega platform

Business Standard

Fintech firm Razorpay has partnered with NPCI BHIM Services Ltd (NBSL) and Axis Bank to launch the Razorpay Turbo UPI plugin on the BHIM Vega platform. The solution enables businesses to offer seamless in-app payment experiences, allowing customers to complete transactions instantly without switching to third-party apps. "BHIM Vega -- Razorpay's Partner Businesses can now accept in-app payments, and end-customers can complete payments instantly within the app without switching to third-party apps, reducing friction in online transactions and delivering a high-speed payment experience," a company statement said. The partnership aims to reduce friction in online payments, increase transaction success rates, and streamline user onboarding. "Our partnership with BHIM to integrate Turbo UPI with BHIM Vega... removes one of the biggest pain points in UPI payments -- redirections -- allowing customers to complete transactions instantly within the app. "This means fewer drop-offs, higher

Number of FII/FPI investors decreased from 1604 to 1551 in Mar 2025 qtr

Canara Bank

08 Apr 2025

90.54

2.40%

NCLAT allows banks to proceed against ex-IL&FS directors not on new board

Business Standard

The National Company Law Appellate Tribunal (NCLAT) has allowed state-owned Canara Bank and Indian Bank to pursue proceedings against former IL&FS directors, who are not part of the new board, to declare them as wilful defaulter. However, the appellate tribunal said those directors who are part of the new board of Infrastructure Leasing & Financial Services (IL&FS) and its various subsidiaries after October 1, 2018, would remain protected. "We are of the view that this protection shall extend to Professional Directors who have been reappointed in IL&FS and its subsidiaries who are the part of the present board. With respect to IL&FS and IL&FS Group...we grant leave to the bank to make an application for proceeding against them," said a two-member NCLAT bench comprising Chairperson Justice Ashok Bhushan and Member Barun Mitra. The government had appointed a new board of IL&FS on October 1, 2018, after a Rs 90,000 crore debt surfaced, which had then sent...

Canara Bank is trading below its 100 day SMA of 94.2

IndusInd Bank Ltd.

08 Apr 2025

689.50

1.61%

IndusInd Bank Target Price Cut By Morgan Stanley As Weaker Earnings Projected

NDTV Profit

IndusInd Bank's Q4 FY25 performance was notably weak, with loan growth slowing to 1% year-on-year from 12% YoY in the previous quarter.

IndusInd Bank Ltd. has lost -48.83% in the last 6 Months

IndusInd Bank drops 9% on posting Q4 update, net advances down 5% QoQ

Business Standard | 07 Apr 2025

State Bank of India

07 Apr 2025

753.85

1.57%

SBI economists expect 75-100 bps cumulative policy rate reduction by March 2026

Business Line

They expect retail inflation to come down to 3.8 per cent in Q4 (January-March) FY25 and average to 4.6 per cent in FY25

State Bank of India is trading below its 100 day SMA of 774.3

Federal Bank Ltd.

07 Apr 2025

190.44

0.25%

Broker's call: Federal Bank (Outperform)

Business Line

CLSA

Federal Bank Ltd. is trading below its 100 day SMA of 193.4

Bank of Baroda

07 Apr 2025

232.50

0.99%

Bank of Baroda launches retail term deposit of 444-days tenor at 7.15%

Business Line

With interest rates trending downwards, the new scheme offers depositors an attractive option to lock in higher rates and earn stable and assured returns on their savings

Bank of Baroda is trading below its 150 day SMA of 233.8

Axis Bank Ltd.

07 Apr 2025

1068.95

0.69%

Axis Bank starts 'in-app mobile OTP' to protect users from frauds, scams

Business Standard

This feature eliminates dependence on telecom networks by generating time-based one-time passwords (TOTP) directly within the app, instead of sending OTPs via SMS.

Number of FII/FPI investors decreased from 1604 to 1551 in Mar 2025 qtr

HDFC Bank Ltd.

07 Apr 2025

1806.75

2.37%

Securitisation volumes jump 24% to hit new record of 2.35 trn in FY25

Business Standard

Securitisation volumes in FY25 increased 24 per cent to hit the highest level of Rs 2.35 lakh crore, a report said on Monday. The volumes of securitisation, which involves passing on future receivables on a loan to address upfront liquidity needs, were lower in the fourth quarter at Rs 58,000 crore as against Rs 63,000 crore and Rs 70,000 crore recorded in the preceding two quarters, as per the report by rating agency Crisil. The jump in FY25 volumes was driven by large deals originated by private sector banks and also non-bank finance companies, it said. Largest private sector lender HDFC Bank has been very active on issuances in FY25 in order to improve its credit-deposit ratio after merging mortgage major parent HDFC into it. The Crisil report said number of issuers increased to 175 in FY25, from 165 entities in the year-ago period. The share of securitisation by banks increased sharply to 26 per cent in FY25 from 5 per cent in FY24 as a few banks used securitisation to manage

HDFC Bank Ltd. is trading above all available SMAs

Is BSE BANKEX worth buying?

45 Votes:

Buy 75.56%

Sell 20.0%

Hold 4.44%

BSE BANKEX PB	2.4
BSE BANKEX PE	13.1
BSE BANKEX DIV	0.9
BSE BANKEX EPS	4,385.0

BSE BANKEX PB

BSE BANKEX PE

BSE BANKEX DIV

BSE BANKEX EPS

BSE BANKEX News and Updates

Keep track of all breaking news on BSE BANKEX from all sources in a single place.