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Markets
US rate cut may not benefit Indian IT cos
Banks
SBI hikes interest rate on loans
IT, real estate stocks lead market rally
Kotak Mahindra Bank offers 7.80% interest on FD for Senior Citizens
Money
Bajaj Finserv launches innovative balanced advantage fund
Unsecured loans space credit positive for banks: Moody’s
Tracking Wall St, Asian indices up
Trendz
Cashless society no longer a possibility, but a reality
EM stocks, currencies under pressure as US bond yields at 16-yr high
Industry
Hopes high on banking sector logging good credit growth this fiscal
Status quo on rate hike more likely
Bizz Talk
Gold loan companies see increased demand as Covid economic downturn spurred borrowing