Share market update: PSU bank shares slip; Indian Bank falls 3%
The Nifty PSU Bank index was trading 0.38 per cent down at 2374.70 around 10:50 am.
Share market update: Bank shares dip; IndusInd Bank slips 3%
The Nifty Bank index was trading 0.50 per cent down at 30,388.10 around 09:54 am...
Banks Board Bureau recommends names for heading 3 state-owned banks
The Bureau recommends the following candidates, in order of merit, for th...
SoftBank's Paytm top-up to come with riders
If an IPO doesn't take place in 5 years, then SoftBank will have the right to sell its stake to a rival.
Another auditor arrested in PMC Bank scam
This is the eighth arrest in the case. Anita Kirdat (35), a 'concorrent auditor' of the bank, was arrested on Tuesday. Her responsibility was to ensure a "systematic and timely examination" of the bank's financial transactions. Kirdat audited the bank's transactions monthly, but allegedly could not or did not point out irregularities in its processes.
China digital currency: Central bank wants ‘controllable anonymity’
The PBOC is poised to become the first major central bank to issue a digital version of its currency.
Buzzing stocks: YES Bank, Vodafone Idea, Adani Power, Aurobindo Pharma
The NSE Nifty index was trading 14.05 points down at 11,826.40.
Share market update: Bank shares mixed; RBL Bank up 2%
The Nifty Bank index was trading 0.22 per cent down at 31,048.20 around 09:54 am.
HDFC Bank plans to reach 200 branches across Northeast India
Assam is the gateway to the NorthEast and our endeavour is to make a difference in their lives through our banking services as well as in the society through our social initiatives. We have already impacted more than 15.5 lakh people in the state so far and we are humbled by the trust and support they repose in us. We remain committed to keep serving our customers.
Share market update: Private Bank shares fall; RBL Bank down 2%
The Nifty Private Bank index was trading 0.72 per cent down at 17,095.70 around 12:32 pm.
Share market update: PSU bank shares slip; Syndicate Bank dips 1%
The Nifty PSU Bank index was trading 0.75 per cent down at 2442.55 around 10:48 am.
Better-run banks will get bigger share of deposits
But now, banks penalise a deposit holder for walking into the branch.
Banks may be given incentive to extend loans in backward areas: RBI Dy Guv MK Jain
Speaking at an event organised by the National Bank for Agriculture and Rural Development (NABARD), Jain said despite impressive growth in formal agriculture granted, there are still several challenges which need to be tackled.
DHFL can pay banks and NBFCs with which it has securitisation deals: High Court
The Bombay High Court has allowed DHFL to make payments to banks and NBFCs that have securitisation arrangements with the stressed mortgage financier. The order came after a clutch of lenders, including the State Bank of India (SBI), Bank of Baroda, Standard Chartered Bank, Canara Bank and IDFC First Bank, approached the court.
3 banks where ROE will improve going forward: Sanjeev Zarbade
In private banks, loan loss provisions and slippages have come down.
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