Stock Market LIVE Updates: GIFT Nifty indicates a weak start; US, Asian markets fall

Growth in South Asia is expected to rise to 6.2 per cent in 2025-26, with the projected firm growth in India, the World Bank said on Thursday….Read More

#1 Q3 profit was ahead of estimates with better PpOP growth of 15 percent

#2 Deposit growth lags 10 percent for sector, but average growth of 13 percent is reasonable & better benchmark

#3 Slippages were a tad higher & QoQ RISE was led by AGRI/MFI loans

#4 Unsecured loans were largely stable QoQ, which is a comforting read

#5 Sustaining average deposit growth near current level & moderation in slippages are key to re-rating

The Government has appointed Binod Kumar as the Managing Director & Chief Executive Officer of Indian Bank for a period of three years. Hence, Binod Kumar has ceased to be the Executive Director of Punjab National Bank.

Amit Saraf has resigned as Chief Financial Officer of the company, effective February 15, 2025.

PFC subsidiary, PFC Consulting, has transferred two subsidiaries—Gadag II and Koppal II Transmission, and Bijapur Rcz Transmission—to Power Grid Corporation of India and GR Infraprojects for Rs 13.23 crore and Rs 11.4 crore, respectively.

The Board has appointed Sudhir Kumar as the Chief Financial Officer of IRCTC, effective January 16. At the time of appointment, Sudhir Kumar was GGM (Finance) at IRCTC.

QIB – 0.11 times

NII – 36.31 times

Retail – 21.38 times

Overall – 18.50 times

The Sensex was down 320.71 points or 0.42 percent at 76,722.11, and the Nifty was down 78.05 points or 0.33 percent at 23,233.75. About 1591 shares advanced, 1787 shares declined, and 93 shares unchanged.