SBH Boosts NRE Depository Rates

State Bank of HyderabadHyderabad: State Bank of Hyderabad (SBH) has augmented interest

PNB Alters FCNR (B), NRE Rates

Punjab National BankPunjab National Bank (PNB) has increased the rates of interest offered

HDFC Bank Opens 19 Branches In A Day

HDFC BankHDFC Bank has opened 19 branches in a day in Delhi and the National Capital Region (NCR), outdoing its own record of 14 branches in a day in October 2005.

With the launch of 19 branches on Saturday (June 2), the total number of branches in Delhi and NCR has gone up to 116 and to 270 in North India. As on March 31, 2007 the bank had a network of 684 branches and 1,605 ATMs in 316 towns and cities.

HDFC Bank was established in August 1994 as HDFC Bank Limited. As of December 31, 2006, the bank had a India network of 684 branches in 316 cities in India and over 1663 ATM's. The Bank started its operations as a Scheduled Commercial Bank in January 1995.

UBI Cuts Home Loan Rates By 50 bps

United Bank of IndiaUBI has abbreviated interest rates on home loans up to Rs 20 lakh by

Tata Tea In JV Deal With Zhejiang Tea

Tata TeaTata Tea has signed up a joint venture deal with Zhejiang Tea Import and Export Company of Pe

CCL To Raise Output By Two Folds

As part of its development plan, Central Coalfields Ltd (CCL) is ready to increase the company’s production by two fold by the next couple of years.

Pages

News in Focus

Hindalco Industries Share Price Target at Rs 735: Kotak Institutional Equities

Hindalco Industries continues to demonstrate strategic resilience and operational superiority across its core verticals.

Interglobe Aviation (Indigo) Share Price Target at Rs 6,377: ICICI Securities

IndiGo’s Q4 FY25 results have reinforced investor optimism, prompting ICICI Securities to maintain its BUY call on InterGlobe Aviation with an upgraded target price of Rs. 6,377 (previously Rs.

Power Grid Corporation Share Price Target at Rs 361: ICICI Securities

Power Grid Corporation of India (PGCIL) has drawn a fresh vote of confidence from ICICI Securities, which has maintained its BUY rating with a 12-month target price of Rs 361, implying a potential

ITC Share Price Could Reach Rs 538: Prabhudas Lilladher Research

ITC Ltd has received an upgrade from Prabhudas Lilladher, with the research house elevating its rating to BUY and revising the target price to Rs 538 from the previous Rs 524.

IndusInd Bank Share Price Target at Rs 737: LKP Research Downgrades Stock

IndusInd Bank has encountered one of its most turbulent quarters in recent memory, and LKP Research has acted swiftly in response, slashing its rating to REDUCE and assigning a revised 12-month tar

Sun Pharmaceutical Share Price Target at Rs 2,000: Motilal Oswal Research

Motilal Oswal has reiterated a BUY recommendation on Sun Pharma, assigning a target price of Rs 2,000, implying a 16% upside from its current market price of Rs 1,719.