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2:10 AM
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Market watchdog Sebi is probing alleged insider trading in Yes Bank shares during a $1.1 billion deal in July 2022. Notices have been issued to executives from PwC, EY, Carlyle Group, and Advent International, along with their relatives and a former Yes Bank board member. Investigations reveal potential misuse of unpublished price-sensitive information for illegal gains.
1:10 AM
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The rupee hit a new low against the dollar, prompting the RBI to intervene by selling dollars. Simultaneously, the central bank injected liquidity into the banking system and conducted a dollar-rupee swap, which boosted forex reserves to over $700 billion. These actions demonstrate a delicate balancing act by policymakers.
7:10 PM
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12:10 PM
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Plan your banking ahead! Indian banks will be closed for a four-day holiday from January 23rd to 26th. This includes state-specific holidays like Netaji Subhas Chandra Bose's birthday and Saraswati Puja, the fourth Saturday, Sunday, and Republic Day. While branches are shut, digital services like online banking and ATMs remain accessible for your financial needs.
8:10 AM
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Stock market recommendations: Bajaj Broking Research recommends Gokaldas Exports, and Hindustan Unilever as stock picks for today. Here’s its view on Nifty and Bank Nifty:
3:10 AM
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India's banks are seeing their deposit base struggle to keep up with surging commercial credit demand. While bank credit still dominates, its share in funding is shrinking as non-bank sources like NBFCs and bond markets gain prominence. This indicates a significant shift in how businesses are financed, with banks facing increasing pressure.
1:10 PM
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AU Small Finance Bank posted a robust Rs 667.66 crore net profit for the December 2025 quarter, a 26.3% jump year-on-year. This growth was fueled by strong core earnings and reduced credit costs, despite higher operating expenses. The bank also announced key leadership changes, including new director appointments and a deputy CEO continuation.
3:10 AM
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Punjab National Bank is prioritizing organic growth in southern states, with no acquisition plans currently on the table. The bank reported strong quarterly profits and anticipates improved net interest margins. Deposit and advance growth remain on track, and PNB expects a dip in gross NPAs below 3% by March.
7:10 PM
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Americans will observe Martin Luther King Jr Day on January 19, 2026. Many banks, government offices and postal services will close. Financial markets will also be shut. However, ATMs and online banking will function. Retailers and restaurants are expected to remain open. This day honours Dr King's legacy through service and remembrance.
2:10 AM
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HDFC Bank's chief admitted to falling short of deposit growth ambitions, setting wide credit-deposit targets due to an uncertain environment. The bank aims to lower its credit-to-deposit ratio from 98.7% to 92-96% this fiscal year and further to 85-90% by FY27, focusing on sustainable profitability amidst a rate-easing cycle.
5:10 PM
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Despite a flat broader market, State Bank of India and Infosys propelled a Rs 75,855 crore gain in the market capitalisation of three top Indian firms. While Reliance Industries and Larsen & Toubro saw significant drops, Infosys's boosted guidance offered a positive outlook for IT stocks. The top ten companies' rankings remained unchanged.
2:10 AM
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