Public sector lender Union Bank of India has sold its entire 10 per cent stake in Experian Credit Information Company for an undisclosed amount.
"The bank has sol..
Karnataka Bank Ltd. (KBL) has reported stellar performance for Q3FY18 above our expectations, clocking 24% advances growth with C/D reaching at 76.9%. NII grew by ~20% ma..
Operating environment improving; Subs performance remains robust
* Standalone results: PAT grew 20% YoY to INR10.53b (5% miss) in 3QFY18. Operating profit grew 19% Yo..
A report has said that with banks' credit outpacing deposits in the last few months, pushing up the credit-deposit ratio, lenders are likely raise deposit rates in th..
Syndicate Bank said it plans to raise Rs 3,990 crore for expanding its business and meeting regulatory capital requirements, reported PTI. The bank said its Board of Dire..
The government has notified the recapitalisation bonds that will allocate Rs 80,000 crore to 20 state-run banks stressed with the burden of accumulated non-performing ass..
Asian Development Bank will give a loan of USD 250 million to the Indian government for construction of all-weather roads in five states under the Prime Minister's ru..
State Bank of India's subsidiary is planning to launch a credit card for farmers for which it has initiated a pilot launch in three states, an official said on ..
NIFTY PVT BANK
* Rational UPTREND on weekly charts since October 2016. The same has extrapolated significance in daily charts since July 2017; adding ..
PPoP growth improves further; operating leverage continues to boost earnings
* HDFCB reported strong 32% YoY growth in core PPoP (~4% beat), led by steady revenue gro..
According to the Economic Survey, the share of bank lending to real estate sector has fallen sharply to 17 per cent in 2016 from over 68 per cent in 2013 as banks are rel..
The Reserve Bank of India today fixed the reference rate of the rupee at 63.7534 against the US dollar and 78.7546 for the euro. The corresponding rates were 63.5470 and ..
Accelya Solutions In Q4 net profit up 32.35% at Rs 24.71 cr
US dollar rises after Fed policy meeting
Rupee rises by 12 paise to Rs 69.05 against dollar
Headwinds recede for Tata Motors, but it is not out of the woods just yet
Infosys signs agreement with U.S. IRS; sees lower tax rate
Views On The F&O Expiry By Rahul Mishra
Views On The F&O Expiry By Chandan Taparia
Daily Market Commentary 27 February 2020 by Mr. Siddhartha Khemka
India Post Payments Bank now caters to 2 crore customers
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