HDFC Bank has been downgraded by research house Nomura in its latest research report. Researchers at Nomura have given four negative factors for the reason behind HDFC Bank downgrade.

RBI has kept policy rates unchanged in its latest policy decision. The move by RBI has been welcomed by real estate sector.

IDFC First Bank has informed the exchange about raising Rs 1500 crore in tier-II bonds for 10 years tenure with coupon interest rate of 8.4 percent.

Hinduja Group could raise its stake in IndusInd Bank and RBI could approve the move, as per media reports.

ICICI Bank stock can offer decent returns over medium to long term as the Indian banking sector is about to witness strong growth and ICICI Bank is having strong hold in the segment.

US Federal Reserve has kept interest rates unchanged but Fed Chair Jerome Powell added that there could be two more rate hikes this year.