BSE BANKEX News and Updates

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ICICI Bank Ltd.

16 Apr 2025

1404.80

0.15%

ICICI Bank Follows Other Lenders, Cuts Savings Account Rate By 25 Basis Points

NDTV Profit

Balances that are below Rs 50 lakh will attract a savings account rate of 2.75% annually.

ICICI Bank Ltd. is trading above all available SMAs

State Bank of India

15 Apr 2025

798.65

-1.81%

SBI clears restructuring plan to help Vizag steel company get back on track

Business Standard

The restructuring plan will make things easier for RINL by lowering the amount of money it needs to keep as margin and reducing interest rates on its loans

State Bank of India is trading above all available SMAs

ICICI Bank Ltd.

15 Apr 2025

1404.80

0.15%

ICICI Bank Share Price Rises 3% Ahead Of Board Meeting On Fundraising Plans

NDTV Profit

The bank may issue domestic and offshore debt securities and also weigh buyback of existing bonds.

ICICI Bank Ltd. has an average target of 1565.25 from 13 brokers.

HDFC Bank Ltd.

15 Apr 2025

1911.20

-0.29%

HDFC Bank jumps 4% after lowering savings account interest rate by 25 bps

Business Standard

HDFC Bank stock was trading at 1.869.20, up 3.45 per cent from Friday's close of 1,806.75 on the National Stock Exchange

HDFC Bank Ltd. has gained 26.43% in the last 1 Year

State Bank of India

14 Apr 2025

798.65

-1.81%

Grahak Mitras' to shepherd SBI customers towards alternate banking channels

Business Line

India's largest bank is also looking to replace/upgrade 40,000 of its ATMs/ADWMs (Automated Deposit Cum Withdrawal Machines) in FY26 to ensure that they are running round the clock

State Bank of India is trading above all available SMAs

State Bank of India

14 Apr 2025

798.65

-1.81%

SBI cuts lending rates by 25 bps after RBI's move; loans to get cheaper

Business Standard

The country's largest lender State Bank of India (SBI) has reduced its lending rate by 25 basis points following the Reserve Bank's policy rate cut, making loans cheaper for both existing and new borrowers.. With the latest round of reduction, the Repo Linked Lending Rate (RLLR) of SBI would come down by 25 basis points to 8.25 per cent. It has also reduced the External Benchmark Based Lending Rate (EBLR) by similar basis points to 8.65 per cent. The revised rates come into effect from April 15, 2025, according to updated rate information on SBI's website. The rate reduction is in response to last week's RBI slashing key interest rate by 25 basis points for the second time in a row to support growth facing the threat of reciprocal tariffs by the US. Besides, the bank also cut deposit rates by 10-25 basis points, which will again be effective from April 15. With the revision, for fixed deposits up to Rs 3 crore, the interest rate on 1-2 year term deposits will be lower by 10 basis

State Bank of India is trading above all available SMAs

HDFC Bank Ltd.

14 Apr 2025

1911.20

-0.29%

HDFC Bank cuts saving account interest rate, now offers 2.75 per cent

Business Standard

For balances above Rs 50 lakh, the interest rate has been lowered to 3.25 per cent, down from 3.5 per cent

HDFC Bank Ltd. has an average target of 2124.20 from 10 brokers.

HDFC Bank cuts savings account rate by 25 bps to 2.75%

Economic Times | 13 Apr 2025

ICICI Bank Ltd.

11 Apr 2025

1404.80

0.15%

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.

KRChoksey increased Buy price target of ICICI Bank Ltd. to 1662.0 on 23 Apr, 2025.

YES Bank Ltd.

11 Apr 2025

17.77

-3.58%

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.

Number of MF schemes increased from 21 to 28 in Mar 2025 qtr.

Is BSE BANKEX worth buying?

45 Votes:

Buy 75.56%

Sell 20.0%

Hold 4.44%

BSE BANKEX PB	2.6
BSE BANKEX PE	14.1
BSE BANKEX DIV	0.8
BSE BANKEX EPS	4,414.8

New 52W High in past week

BSE BANKEX PB

BSE BANKEX PE

BSE BANKEX DIV

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BSE BANKEX News and Updates

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