A Complete Banking Guide... Bank of Baroda, Allahabad Bank, Andhra Bank, Bank of India, Bank of Maharashtra, Canara Bank, Central Bank of India, Dena Bank, ICICI Bank, IDBI Bank Limited, Indian Bank, Indian Overseas Bank,, Oriental Bank of Commerce, Punjab & Sind Bank, Punjab National Bank, State Bank of India, UCO Bank, UTI Bank Ltd., Union Bank of India, United Bank Of India, Vijaya Bank, Yes Bank, Mutual Funds, Income Tax
3:10 PM
Blogger
Gold futures have surged to a record high of Rs 1,07,807 per 10 grams on the MCX, driven by global economic uncertainty and central bank purchases. Anticipated Federal Reserve rate cuts and ongoing tariff concerns are fueling safe-haven demand. Analysts remain optimistic, noting key support levels that could lead to further gains.
11:10 AM
Blogger
Bank of Baroda has declared Reliance Communications and Anil Ambani's loan accounts as 'fraud' after SBI and Bank of India took similar actions. A forensic audit by BDO India LLP revealed significant irregularities, including misuse of funds and unauthorized related-party transactions. The audit highlighted concerns about fund diversion and questionable financial practices.
2:10 PM
Blogger
Banks across multiple Indian states remained closed on September 5 due to Id-E-Milad and Thiruvonam, as per the RBI holiday calendar. While digital banking services continued uninterrupted, physical branch visits were necessary for certain transactions. Maharashtra, however, shifted the Eid-e-Milad holiday in Mumbai to September 8, 2025, impacting government securities and related markets.
9:10 AM
Blogger
Top stock market recommendations: Nuvama Professional Clients Group's Aakash K Hindocha recommends buying Dabur, Bajaj Auto, and Amara Raja Energy & Mobility. Nifty is expected to move towards 24900/25050, supported at 24500, while Bank Nifty, hovering near a 3.5-month low, may see a short covering rally above 54100.
5:10 PM
Blogger
Bank of Baroda expects India's 10-year government bond yield to stay between 6.50 and 6.60 percent in September. The upcoming borrowing calendar is a key factor. A widening interest rate gap with the US supports this. The US Federal Reserve might cut rates, but the Reserve Bank of India is likely to maintain its stance.
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