HDFC to tap Egon Zehnder to identify Aditya Puri's successor
HDFC Bank will retain global executive search firm Egon Zehnder to find a successor to MD Aditya Puri.
Dalal Street week ahead: Protect profits ahead of F&O expiry & Budget
In the last two sessions, the up-move has come with a net reduction in open interest.
Axis Bank reports strong loan growth in Q3; key takeaways
Asset quality of the company improved, but slippages and provisions jumped during the quarter.
Brokerages retain ‘Buy’ rating on Axis Bank post Q3 results, cut EPS estimates
They have maintained their view on the stock even as the firm posted mixed financial results.
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.
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.
Axis Bank, L&T drive Sensex 250 points higher; Nifty tops 12,150
Broader markets were steady and traded in line with their headline peers.
PNB shelves plan to sell housing finance unit
PNB's holding in PNB Housing is set to fall to around 27.5% from the current 32.43% when the later issues fresh shares to raise about Rs 1500 crore. PNB will not subscribe to the issue.
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.
Share market update: Ind Bank Housing, Lypsa Gems among top losers on BSE
In the Nifty pack, 26 stocks were in the green, while 24 stocks were in the red.
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.
Bank of America to hire 50 bankers for Asia dealmaking team in 2020: Sources
Bank of America's (BofA's) Asia headcount expansion comes against the backdrop of a subdued recruitment outlook for the broader investment banking business as global lenders grapple with cost pressures and slowing M&A momentum.
Board Meetings Today: HDFC Life, Biocon, Canara Bank, PNB Housing and OBC
Nippon Life and JM Financial are among companies, which will report their December quarter earnings today.
Sachin Bansal to put $400m in banking biz
Bansal could likely invest $400-450 million in the new venture, according to estimates, which will likely make it one of the biggest equity infusions by a promoter into a new financial services venture.
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