Sanjiv Chadha appointed MD, CEO Bank of Baroda; Atanu Kumar Das to head Bank of India
Sanjiv Chadha, who is at present Deputy Managing Director in State Bank of India, has been appointed to the new post for a period of three years, the order said. Lingam Venkata Prabhakar, Executive Director in Punjab National Bank, will be MD and CEO in Canara Bank, it said.
New India Co-operative Bank shareholders approve conversion to small finance bank
The move comes after a slew of regulatory changes by the RB...
Strategic investors find new roads to growth as banks play safe
In the coming quarters, the industry’s attractiveness will be gauged more fro...
Not much to differentiate between ICICI Bank, HDFC Bank and Kotak Bank now: Kunj Bansal
One can’t time the market, one can only play catch up. If money is coming into the economy, look for safer opportunities. Use part of the cash to keep coming back in the market at every movement and set some defined triggers. Decide that on every X% rise, you would invest Y% or on X% fall, you would invest Y%.
Check fixed deposit interest rates of SBI, PNB, HDFC Bank and ICICI Bank
Not only conservative investors prefer bank FDs but also, senior citizens consider investing a large amount of their money in bank FDs as they consider it as one of the safe options over equities. Find out FD rates offered by several banks
Share market update: PSU bank shares fall; Syndicate Bank down 3%
The Nifty PSU Bank index was trading 0.94 per cent down at 2428.9.
Stock market update: Private banks tumble; RBL Bank falls over 2%
The Nifty Private Bank index was trading 0.44 per cent down at 17,368.3.
Share market update: Bank shares slip; RBL Bank dips over 2%
The Nifty Bank index was trading 0.38 per cent down at 31,471.65.
Bank of Maharashtra posts Q3 profit of Rs 135 crore
The Gross NPA improved to 16.77 per cent, or Rs 15,746 crore from 17.31 per cent, or Rs 15,509 crore.
Stocks in the news: RIL, HDFC Bank, Lupin, TCS, Kotak Bank, HCL Tech and Just Dial
Moody's Investors Service placed YES Bank's long-term foreign currency issuer rating of B2 under review.
Federal Bank Q3 profit jumps 32% to Rs 441 crore
Net NPAs of the bank also fell to 1.63 per cent of the total assets in October-December 2019 as against 1.72 per cent a year ago.
South Indian Bank to raise Rs 500 crore via bonds
An amount of Rs 300 crore will be raised through Basel III compliant tier 1 bonds with a Rs 200 crore greenshoe option.
Bank unions call for two-day strike from January 31
Bank unions on Wednesday called for a two-day nationwide strike on January 31 and February 1 after talks over wage revision failed to make headway with the Indian Banks' Association (IBA). The United Forum of Bank Unions (UFBU), which represents nine trade unions, said they will also hold a three-day strike from March 11-13.
Buy Indian Bank, price target Rs 110: Jay Thakkar
The analyst suggested a stoploss at Rs 99.
Brokerages bullish on HDFC Bank post Q3 results
The bank reported a 32.77 per cent YoY rise in net profit at Rs 7,416.48 cr for the quarter.
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