Some better performing banks likely to be out of PCA: Rajiv Kumar
Eleven out of the total 21 public sector banks are under the central bank's PCA framework, which imposes lending restrictions and prevents them from expanding, among other curbs.
Market Movers: What Fed just signalled, loan waiver jittery for banks, Niti’s tall growth target
Parent companies may have to keep a watch on...
Capital adequacy and prompt corrective action
The PCA framework is applicable only to commercial banks.
JPMorgan Chase and Barclays head up Flipkart acquisition financing consortium
JPMorgan and Barclays were the financial advisors to Walmart, while Goldman Sachs was the advisor to Flipkart.
Stocks in the news: PFC, Bandhan Bank, YES Bank, DLF and InterGlobe Aviation
Here's a look at the top stocks that may hog the limelight in today's session.
Easing PCA norms will not help banks, NBFCs in the long-term, says analyst
Eleven public sector banks are under the prompt corrective action .
Indian Overseas Bank to issue 18.24 crore shares under ESPS scheme
The Board of the bank, approved the issue and allotment of up to 18.24 cr equity shares.
The ‘Fire and Ice’ decade that changed everything on Wall Street
This is the tale of global markets over a decade of “fire and ice.”
PCA framework helped reduce contagion losses: RBI report
RBI has placed 11 state-run banks, including Bank of India, Allahabad Bank, United Bank of India, Corporation Bank, IDBI Bank and UCO Bank, under the PCA framework.
What to watch before Fed starts unwinding
Investors are hoping that the release this Thursday of minutes from the central bank’s November meeting may finally shed some light on policy makers’ thinking.
Syndicate Bank to raise Rs 500 crore via stock options
The bank will issue 300 million shares to employees to raise this capital.
Government infuses Rs 2159 cr in United Bank of India
The Finance Ministry had informed the bank about the capital infusion on Wednesday (December 26), United Bank of India said in a regulatory filing.
Governor Shaktikanta Das meets private sector bankers
Following default by Infrastructure Leasing & Financial Services (IL&FS) in September, liquidity situation in the system became too tight.
Theresa May cuts Christmas break short to prepare for Brexit
London, Dec 25 () British Prime Minister Theresa May has cut her Cabinet's Christmas break short to prepare for Brexit as the March 2019 deadline nears.
Capex decisions will be driven by demand pick-up: Pramod Kumar, Barclays
"A lot of global players are still viewing India as a ‘not so easy’ market to operate."
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