Ujjivan Small Finance Bank to make stock market debut on Thursday
Microfinance lender Ujjivan Financial Services is the holding company of Ujjivan Small Finance Bank.
Indian banks argue for Vijay Mallya bankruptcy, UK court reserves judgment
A group of Indian public sector banks sought a bankruptcy order against embattled liquor tycoon Vijay Mallya during a High Court hearing in London. Judge Michael Briggs presided over the ongoing hearing in the insolvency division of the court on a bankruptcy petition filed by the banks last year, in relation to lending by Mallya's now-defunct Kingfisher Airlines.
RBL upside may be capped despite QIP deal
RBL stock declined 13 per cent in the last six days to close at Rs 325 on Wednesday as against its recent QIP price of Rs 351.
SBI coming to the aid of YES Bank? No way, says CFO Kumar
YES Bank is seeking to raise $2 bn by issuing fresh equity and weighing a number of offers.
YES Bank slips 15% on lack of clarity over fundraising plans
Ravneet Gill, CEO & MD, YES Bank said that if bank is unable to raise $2 billion then they will have moderate growth going ahead.
Reserve Bank of India February rate cut on a knife's edge: Poll
But the central bank acknowledged there was room for further cuts.
Axis Bank evaluating the acquisition route to scale up microfinance business
Axis Bank managing director and chief executive Amitabh Chaudhry said the bank has studied the market but has not found a perfect match yet. "We are evaluating opportunities all the time," he said, adding that the microfinance firms, which are doing well and can be a good fit, are mostly overvalued. "Nothing is on the cards at present."
Buzzing stocks: YES Bank, Vodafone Idea, Dish TV, SBI
YES Bank (Rs 435.73 crore) was also leading the pack of most active stocks in value terms.
ECB holds its deposit rate at record low - 0.5% while keeping option of another rate cut firmly on table
The European Central Bank kept its ultra-easy monetary policy unchanged at Christine Lagarde's first meeting in charge on Thursday, even kee...
Stocks in news: IDBI Bank, Future Supply Chain and JB Chemicals
Here are the top stocks that are likely to be in focus in today's trading.Stocks in news: IDBI Bank, Future Supply Chain and JB Chemicals
Analyst Calls: BEL, RBL Bank, RIL, Aarti Industries
Phillip Capital has maintained buy rating on Bharat Electronics with a target price of Rs 160.
ECB keeps rates steady in Lagarde’s first meeting
The ECB held its deposit rate at a record low minus 0.5% while keeping the option of another rate cut firmly on the table.
After Market: YES Bank nosedives; Dish TV, Voda Idea jump; 37 stocks hit 52-week highs
India VIX, the measure of volatility, dived 8.01 per cent to 13.14 during the day.
Share market update: PSU bank shares fall; Allahabad Bank slips 4%
The Nifty PSU Bank index was trading 0.26 per cent down at 2451.90.
Net banking & card frauds up 50%, Delhi is ATM con capital
The numbers of ATM frauds in public sector banks were, however, more revealing. While State Bank of India, with over 58,000 ATMs across India at the end of March 2019, accounted for over 25% of the over 2 lakh cash dispensers, one in five frauds were reported at its ATMs. The second-placed IDBI Bank saw close to 1,800 frauds being reported.
Copyright © 2019 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service