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India plans minority stake sale in four state-run banks, source says The Indian government is considering selling minority stakes in four state-run banks to comply with public shareholding norms mandated by the country's markets regulator, a government source told Reuters. The finance ministry is likely to seek approval of the federal cabinet in the coming months to dilute the stake in Central Bank of India, Indian Overseas Bank, UCO Bank, and Punjab and Sind Bank, the source said. The Indian government owns more than 93% in Central Bank of India, 96...
India plans minority stake sale in four state-run banks, source says
India plans minority stake sale in four state-run banks, source says
Source: Reuters
2024-11-19 02:41:46 pm
Dynacons Systems gains on winning contract worth Rs 142.55 crore from Bank of Maharashtra Dynacons Systems & Solutions is currently trading at Rs. 1535.15, up by 8.25 points or 0.54% from its previous closing of Rs. 1526.90 on the BSE. The scrip opened at Rs. 1527.25 and has touched a high and low of Rs. 1589.95 and Rs. 1495.00 respectively. So far 16343 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 1730.00 on 26-Aug-2024 and a 52 week low of Rs. 593.50 on 30-Nov-2023. Last one week high and l...
Dynacons Systems gains on winning contract worth Rs 142.55 crore from Bank of Maharashtra
Dynacons Systems gains on winning contract worth Rs 142.55 crore from Bank of Maharashtra
Source: Accord Fintech
2024-09-02 02:22:43 pm
Minimum account balance rules not applicable to PM Jan Dhan & saving accounts: FM Nirmala Sitharaman Union Finance Minister Nirmala Sitharaman on Wednesday said that minimum account balance rules do not apply to PM Jan Dhan and basic saving accounts. “Minimum account balance rule does not apply to PM Jan Dhan accounts and basic savings accounts. It applies only to those bank accounts where customers are required to maintain a certain minimum balance in their accounts,” the Finance Minister said in response to a question in Rajya Sabha on the penalty of Rs 8,500 crore collected...
Minimum account balance rules not applicable to PM Jan Dhan & saving accounts: FM Nirmala Sitharaman
Minimum account balance rules not applicable to PM Jan Dhan & saving accounts: FM Nirmala Sitharaman
Source: IANS
2024-08-07 12:26:48 pm
Bank of Maharashtra rises on the BSE Bank of Maharashtra is currently trading at Rs. 69.04, up by 0.29 points or 0.42% from its previous closing of Rs. 68.75 on the BSE. The scrip opened at Rs. 69.35 and has touched a high and low of Rs. 70.75 and Rs. 68.20 respectively. So far 3718546 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 73.50 on 03-Jun-2024 and a 52 week low of Rs. 30.71 on 17-Jul-2023. Last one week high and low of the scrip stood at...
Bank of Maharashtra rises on the BSE
Bank of Maharashtra rises on the BSE
Source: Accord Fintech
2024-07-16 12:02:42 pm
Bank of Maharashtra shines on reporting 47% rise in Q1 consolidated net profit Bank of Maharashtra is currently trading at Rs. 68.81, up by 3.75 points or 5.76% from its previous closing of Rs. 65.06 on the BSE. The scrip opened at Rs. 65.80 and has touched a high and low of Rs. 69.69 and Rs. 64.83 respectively. So far 4863662 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 73.50 on 03-Jun-2024 and a 52 week low of Rs. 29.86 on 14-Jul-2023. Last one week high and low of the scrip stood at...
Bank of Maharashtra shines on reporting 47% rise in Q1 consolidated net profit
Bank of Maharashtra shines on reporting 47% rise in Q1 consolidated net profit
Source: Accord Fintech
2024-07-15 03:41:05 pm
Bank of Maharashtra launches `Mahashakti`- a Women Cancer Coverage Program powered by ManipalCigna Health Insurance On the occasion of International Women’s Day, Bank of Maharashtra, one of the leading public sector banks, today launched Mahashakti- a Women Cancer Coverage Program powered by ManipalCigna Health Insurance. This tailor-made women cancer coverage program under ManipalCigna Flexicare Group Insurance Policy is meticulously crafted to cater exclusively to Bank of Maharashtra customers, offering comprehensive coverage for the treatment of ovarian cancer, breast cancer, and cervica...
Bank of Maharashtra launches `Mahashakti`- a Women Cancer Coverage Program powered by ManipalCigna Health Insurance
Bank of Maharashtra launches `Mahashakti`- a Women Cancer Coverage Program powered by ManipalCigna Health Insurance
Source: PR Agency
2024-03-07 04:47:08 pm
IREDA inks pact with PNB for financing green energy projects Indian Renewable Energy Development Agency Ltd. (IREDA) and Punjab National Bank (PNB) have signed a Memorandum of Understanding (MoU) on Monday aimed at advancing renewable energy initiatives across the nation. The agreement paves the way for joint efforts in co-lending and loan syndication for a diverse spectrum of renewable energy projects. It covers joint lending, loan syndication and underwriting, management of Trust and Retention Account (TRA) for IREDA borrowers, and working towa...
IREDA inks pact with PNB for financing green energy projects
IREDA inks pact with PNB for financing green energy projects
Source: IANS
2024-02-19 02:37:21 pm
PSU stocks dominate sectoral gains PSU stocks are among the top gainers in trade led by oil and gas and insurance stocks. The PSU index is up more than 3 per cent on Monday. SJVN is up 16 per cent, NHPC is up 10 per cent, Insurance stocks are up with GIC Re up 12 per cent, New India Assurance up 9 per cent, LIC up 6 per cent. MMTC is up 9 per cent, MTNL is up 9 per cent. Oil and gas stocks are zooming with IOC up 7 per cent., GAIL up 4 per cent, HPCL up 4 per cent, BPCL up 4 per cent, ONGC up 3 per cent. Metal stoc...
PSU stocks dominate sectoral gains
PSU stocks dominate sectoral gains
Source: IANS
2024-02-05 02:08:17 pm
Bank of Maharashtra trades higher on reporting 34% rise in Q3 consolidated net profit Bank of Maharashtra is currently trading at Rs. 50.28, up by 0.28 points or 0.56% from its previous closing of Rs. 50.00 on the BSE. The scrip opened at Rs. 49.95 and has touched a high and low of Rs. 51.60 and Rs. 48.75 respectively. So far 6490381 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 52.22 on 16-Jan-2024 and a 52 week low of Rs. 22.80 on 28-Mar-2023. Last one week high and low of the scrip stood at...
Bank of Maharashtra trades higher on reporting 34% rise in Q3 consolidated net profit
Bank of Maharashtra trades higher on reporting 34% rise in Q3 consolidated net profit
Source: Accord Fintech
2024-01-17 11:03:03 am
Bank of Maharashtra surges on reporting 72% rise in Q2 consolidated net profit Bank Of Maharashtra is currently trading at Rs. 47.21, up by 0.38 points or 0.81% from its previous closing of Rs. 46.83 on the BSE.The scrip opened at Rs. 47.01 and has touched a high and low of Rs. 48.00 and Rs. 46.56 respectively. So far 4182833 shares were traded on the counter.The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 51.90 on 04-Oct-2023 and a 52 week low of Rs. 17.85 on 14-Oct-2022.Last one week high and low of the scrip stood at Rs. 48.00 and Rs. 4...
Bank of Maharashtra surges on reporting 72% rise in Q2 consolidated net profit
Bank of Maharashtra surges on reporting 72% rise in Q2 consolidated net profit
Source: Accord Fintech
2023-10-16 04:17:22 pm
Bank of Maharashtra moves up on inking MoU with IREDA Bank of Maharashtra is currently trading at Rs. 46.86, up by 0.59 points or 1.28% from its previous closing of Rs. 46.27 on the BSE.The scrip opened at Rs. 46.66 and has touched a high and low of Rs. 48.28 and Rs. 45.81 respectively. So far 2254750 shares were traded on the counter.The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 51.48 on 18-Sep-2023 and a 52 week low of Rs. 16.95 on 29-Sep-2022.Last one week high and low of the scrip stood at Rs. 51.48 and Rs. 4...
Bank of Maharashtra moves up on inking MoU with IREDA
Bank of Maharashtra moves up on inking MoU with IREDA
Source: Accord Fintech
2023-09-21 11:28:17am