Core Insights - The article discusses the growing trend of co-branded credit card partnerships between airlines and banks in India, highlighting their role in enhancing customer loyalty and engagement [1][8] - It notes that while such partnerships are still relatively rare in India, they have been successful in other markets, generating significant revenue [8] Airline Partnerships - The first co-branded partnership in India was between Jet Airways and Citibank in 2003, with many airlines following suit to offer attractive perks [1][8] - Currently, IndiGo is the only major Indian airline with co-branded card partnerships, specifically with Kotak Mahindra Bank and IDFC First Bank, offering rewards in the form of BluChips [2][8] - Air India is expected to launch a new co-branded partnership for its Maharaja Club loyalty program soon [2][8] International Airline Strategies - International airlines are leveraging co-branded cards to attract Indian customers, with major West Asian carriers and airlines like Lufthansa and Singapore Airlines already established in this space [3][8] - The KrisFlyer SBI Card offers significant benefits, including 10,000 KrisFlyer Miles upon activation and eligibility for the KrisFlyer Gold Tier with substantial spending [3][8] - Emirates has a strong co-branded card program with ICICI Bank, providing tier status based on spending, while other airlines like British Airways and Qatar Airways offer Avios co-branded cards [3][4][8] Hotel Partnerships - Marriott and Taj Hotels are also engaging in co-branded card partnerships, offering various perks to attract customers [5][6][9] - The Marriott co-branded card provides a free night stay and Silver Status, while Taj's card offers access to exclusive lounges and upgrades [6][9] Market Trends - The article emphasizes the increasing interest in travel post-pandemic, with co-branded credit cards playing a significant role in encouraging travel and loyalty [8] - Online travel agents are adopting similar strategies to deepen customer relationships and drive bookings [7][9]

During the week, the BSE benchmark advanced 721.53 points or 0.88 per cent, PTI reported.Among the winners were Reliance Industries, HDFC Bank, Tata Consultancy Services (TCS), Bharti Airtel, State Bank of India, Infosys and Life Insurance Corporation of India (LIC). ICICI Bank, Bajaj Finance and Hindustan Unilever, however, ended in the red.The market valuation of State Bank of India soared Rs 35,953.25 crore to Rs 7,95,910 crore, while Bharti Airtel added Rs 33,214.77 crore taking its mcap to Rs 11,18,952 ...

Market Overview - The combined market valuation of seven of the top-10 most valued firms increased by ₹1,18,328.29 crore last week, driven by an optimistic trend in equities [1] - The BSE benchmark rose by 721.53 points or 0.88 percent during the same period [1] Gainers - State Bank of India saw its market valuation increase by ₹35,953.25 crore, reaching ₹7,95,910 crore [2] - Bharti Airtel's valuation rose by ₹33,214.77 crore, bringing its total to ₹11,18,952.64 crore [2] - Reliance Industries' market capitalisation surged by ₹17,389.23 crore to ₹19,04,898.51 crore [3] - Tata Consultancy Services (TCS) experienced a valuation increase of ₹12,952.75 crore, reaching ₹11,46,879.47 crore [3] - Life Insurance Corporation of India (LIC) saw its valuation rise by ₹12,460.25 crore to ₹5,65,612.92 crore [3] - Infosys' market capitalisation climbed by ₹6,127.73 crore to ₹6,39,901.03 crore [3] Laggards - ICICI Bank's market valuation decreased by ₹10,707.87 crore, resulting in a total of ₹10,01,654.46 crore [5] - Bajaj Finance's market capitalisation fell by ₹6,346.93 crore to ₹6,17,892.72 crore [5] - Hindustan Unilever's valuation dipped by ₹5,039.87 crore, bringing it down to ₹6,01,225.16 crore [5] Market Ranking - Reliance Industries remains the top firm in market valuation, followed by HDFC Bank, TCS, Bharti Airtel, ICICI Bank, State Bank of India, Infosys, Bajaj Finance, Hindustan Unilever, and LIC [5]

Group 1: Banking Sector - ICICI Bank has a 4% weight in the portfolio and has risen almost 10% year-to-date [1] - HDFC Bank also carries a 4% weight, with its stock price increasing by 8.5% this year [1] - State Bank of India, with a 4% weight, has seen its stock rise over 8% year-to-date [1] Group 2: Insurance and Financial Services - SBI Life Insurance holds the highest weight at 6%, with shares rising 32% since the beginning of the year [2] - REC Limited has a 4% weight but is down over 20% year-to-date [2] - PolicyBazaar (PB Fintech) has a 5% allocation, with share prices falling 15% year-to-date [2] Group 3: Finance Companies - Manappuram Finance has a 4% weight in the portfolio and has increased by 50% this year [3] - Home First Finance also holds a 4% weight, with stock prices rising 22% year-to-date [3]

Group 1 - All public and private banks in India will be open on Saturday, September 20, as it is the third Saturday of the month and there is no bank holiday on this day [1] - According to the Reserve Bank of India (RBI) calendar, banks are typically closed on the second and fourth Saturdays and all Sundays each month, with exceptions on the first, third, and fifth Saturdays [2] - The next bank holiday is on Sunday, September 21, followed by regional observances on September 22 in Rajasthan for Navratri celebrations [4][5] Group 2 - Remaining bank holidays in September include September 22 for Navratra Sthapna in Jaipur, September 23 for the birthday of Maharaja Hari Singh Ji in Jammu and Srinagar, and September 29 for Maha Saptami in Agartala, Kolkata, and Guwahati [5][6] - Additional bank holidays will occur on September 27 (fourth Saturday) and September 21 and 28 (Sundays) [7] Group 3 - In case of emergencies on bank holidays, ATM services are available 24/7, and online banking services like NEFT, IMPS, and RTGS can be used for transactions [8]

Market Overview - Markets traded in a narrow range with the Nifty 50 declining by 64.85 points or 0.26% to 25,358.75 and the Sensex dropping by 289.47 points or 0.35% to 82,724.49 during the afternoon session [1] - The indices opened marginally lower, with the Nifty starting at 25,410.20 and the Sensex at 82,946.04, reflecting cautious market sentiment [2] Gainers and Losers - Adani group stocks led the gainers, with Adani Enterprises surging 6.87% to ₹2,567 and Adani Ports climbing 3.18% to ₹1,457.70 [3] - On the losing side, HCL Technologies declined 1.48% to ₹1,471.70, followed by ICICI Bank falling 1.27% to ₹1,403.70 [4] Sector Performance - Sector-wise performance was mixed, with the Nifty Financial Services index declining 0.61% to 26,531.50 and the Nifty Bank index falling 0.44% to 55,472.60 [5] - Mid-cap stocks showed resilience, with the Nifty Midcap 100 gaining 0.15% to 59,141.50 and the Nifty Next 50 advancing 0.59% to 69,710.55 [5] Market Breadth - Market breadth remained balanced with 2,006 advancing stocks against 2,034 declining stocks on the BSE, and 185 stocks unchanged [6] - A total of 152 stocks hit 52-week highs while 50 touched 52-week lows, indicating a mixed sentiment in the market [6] Technical Analysis - Technical analysts noted profit-booking pressure after the recent rally, with key support levels at 25,325 and 25,150, while resistance remains around 25,500-25,600 [7] - Option data suggests a balanced tug-of-war between bulls and bears, with Call writers defending higher levels and Put writers supporting lower zones [7]

The Bank Nifty index traded 298.20 points lower at 55,429.25, marking a 0.54 per cent decline during Friday’s session as banking stocks displayed mixed performance. The index opened at 55,647.95 against the previous close of 55,727.45, with trading volumes reaching 816.02 lakh shares. Public sector banks led the gainers with Canara Bank surging 2.24 per cent to ₹118, followed by Punjab National Bank at 2.08 per cent and Bank of Baroda gaining 1.69 per cent. State Bank of India posted a modest 1.01 per cent ...

Core Insights - Comparing interest rates across banks is crucial before opening a fixed deposit account, as even a small difference can significantly impact total earnings [1] Interest Rates Offered by Banks - HDFC Bank offers 6.6% for tenures between 18-21 months for regular investors and 7.10% for senior citizens, effective from June 25 [2] - ICICI Bank provides 6.6% for tenures above 2 years for regular investors and 7.10% for senior citizens [3] - Kotak Mahindra Bank also offers 6.6% for regular citizens and 7.1% for senior citizens for tenures between 391 days to 23 months, effective from August 20 [3] - Union Bank of India offers 6.6% per annum for three years, effective from August 20 [3] - State Bank of India (SBI) provides 6.45% for tenures between 2-3 years for regular citizens and 6.95% for senior citizens, effective from July 15, 2025 [4] - Bank of Baroda offers 6.60% as part of the BOB Square Drive Deposit Scheme (444 days) for regular depositors and 7.10% for senior citizens, effective from September 12, 2025 [4]

The shares were sold to Japan’s Sumitomo Mitsui Banking Corporation (SMBC) at Rs 21.50 apiece, following regulatory approvals from the Reserve Bank of India (RBI) and the Competition Commission of India.Reacting to the development, Yes Bank shares slipped 0.7% to a day’s low of Rs 20.87 around 2:45 pm.SBI's Executive Committee of the Central Board (ECCB) in the meeting held on May 9, had accorded approval to the state-lender to divest over 413 crore equity shares of Yes Bank Limited (YBL) to SMBC.SBI recei ...

The State Bank of India (SBI) on Wednesday said it has received ₹8,889 crore from the divestment of about 413.44 crore equity shares of Yes Bank Ltd (YBL), being equivalent to 13.19 per cent (approximately) of the latter’s shares to Sumitomo Mitsui Banking Corporation (SMBC), at ₹21.50 per equity share.This inflow will buoy the Bank’s other income in the second quarter (Q2FY26), according to analysts. Post the divestment, SBI will continue to remain a shareholder in YBL with a shareholding of 10.8 per cent( ...