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For DHFL, RBI appoints EY administrator advisor and AZB legal advisor
DHFL is in the process of finding a resolution after a recent proposal of lenders was rejected by the RBI. ET was first to report on October 19 that the RBI had rejected a proposal by banks that would have allowed them provisioning relief to the tune of Rs 6,000 crore on borrowings by DHFL. Most banks will have to now take this into account for the December quarter.
Share market update: Bank shares gain; Yes Bank jumps 5%
The Nifty Bank index was trading 0.55 per cent up at 31,427.20.
Stocks in news: Maruti, Axis Bank, Dish TV and Punjab & Sind bank
Here are the top stocks that are likely to be in focus in today's trading.S...
Indian banks back in UK court over Vijay Mallya's non-payment of debt
Besides SBI, the 13 Indian banks include Bank of Baroda, Corporation bank, Federal Bank Ltd, IDBI Bank, Indian Overseas Bank, Jammu & Kashmir Bank, Punjab & Sind Bank, Punjab National Bank, State Bank of Mysore, UCO Bank, United Bank of India and JM Financial Asset Reconstruction Co. Pvt Ltd.
Stock market update: Private banks edge higher; YES Bank gains over 1%
The Nifty Private Bank index was trading 0.49 per cent up at 17,389.25.
Ujjivan Small Finance Bank lists at 59% premium over issue price
Ujjivan Small Finance attracted huge subscriptions from all categories of investors.
Buzzing stocks: YES Bank, Vodafone Idea, SBI, Dish TV
YES Bank (Rs 199.86 crore) was leading the pack of most active stocks in value terms.
Proposal to let Indian companies list abroad directly divides investment banks
Currently, an Indian company can list on a foreign exchange only after it has listed on a domestic bourse.
Share market update: Bank shares mixed; Yes Bank rises 2%
The Nifty Bank index was trading 0.12 per cent down at 31,304.75 .
SoftBank Vision Fund’s Praveen Akkiraju is stepping down
SoftBank has raised roughly $2 billion for its second Vision Fund so it can start making new investments, people familiar with the matter said last month. Akkiraju’s departure follows the resignation of London-based Vision Fund partner David Thevenon.
Buy City Union Bank, price target Rs 242: Jayesh Bhanushali
The analyst suggested a stoploss at Rs 228.
View: Yes Bank needs an arranged match, otherwise it’s No Bank
Is the RBI is so distracted fighting other fires that it would rather not have to think about Yes?
Axis Bank puts up trustee services for sale
The business is said to be valued at about Rs 200-225 crore.
Share market update: Bank shares gain; RBL Bank rises 2%
The Nifty Bank index was trading 0.36 per cent up at 31,271.80.
Share market update: PSU bank shares rise; Canara Bank gains 3%
The Nifty PSU Bank index was trading 0.77 per cent up at 2479.9.
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