Trending stocks: YES Bank shares slump nearly 10%
Shares of YES Bank Ltd. traded 9.89 per cent down in trade at 09:59AM on Monday.
ICICI Bank to sell 4.2% in broking arm for Rs 726 crore
Last week, ICICI Securities crossed its IPO pricing of Rs 519 after more than two years. Broking companies have been doing brisk business during the lockdown as retail participation has increased due to a sharp fall in interest rates.
Stocks in the news: YES Bank, DMart, Infosys, BHEL, Tata Motors and Apollo Hospitals
BHEL said it is still grappling with uncertainties with regard to resumption of normal business operations.
Axis Bank QIP sees big names, gets bids 3x higher
Several domestic mutual funds and insurance companies are in the fray for the Axis Bank QIP by Axis Bank on Wednesday, five people familiar with the deal told ET.
UCO Bank to soon approach RBI to come out of restrictive PCA framework: CEO
The lender became eligible for getting out of PCA after its March quarter results when it adhered to all the PCA criteria, which have been relaxed since late last year.
Aditya Puri sells shares worth Rs 843 crore in HDFC Bank
Shares of HDFC Bank rallied 46% since its yearly low of Rs 765 touched on March 24.
Axis Bank climbs 3% as QIP kicks off; floor price set at Rs 442.19
The floor price was at a 3 per cent premium to Tuesday's closing price of Rs 428.90 on BSE.
Puri’s retail bet helped HDFC Bank dwarf ICICI, become India’s top private lender
During Puri’s tenure, HDFC Bank’s total income grew at an annualised rate of 33.7 per cent to Rs 1.4 lakh crore in FY20 while net profit rose by 34.8 per cent to Rs 26,257.3 crore on a standalone basis.
Axis Bank launches Rs 10,000 crore QIP at Rs 442.29 floor price
The lender is looking to mop up Rs 8,000 crore as the base deal size, with an option to increase the total funds raised by another Rs 2,000 crore.
Stocks in the news: Axis Bank, Vodafone Idea, Sun Pharma, Adani Ports, Cipla, SBI Card
Axis Bank has launched its qualified institutional placement (QIP) on Tuesday to raise up to Rs 10,000 crore.
Stocks in the news: Infosys, YES Bank, Titan, Cadila Healthcare, IDBI Bank and L&T Finance
YES Bank's Rs 15,000 crore FPO was subscribed 22 per cent at the end of first day of the bidding process.
Market Movers: RIL, HDFC Bank rally, MCX zooms; buy signals in 110 stocks
Here is a lowdown on what happened in Monday's session.
RIL, HDFC Bank drive Sensex 748 pts higher; investors get richer by Rs 2.08 lakh crore
Oil-to-telecom conglomerate RIL alone contributed 431 points to Sensex’s gains as it jumped 7.10 per cent on reported that the company was close to sealing a deal with Future Group for acquiring their retail business.
HDFC Bank delivered 25,000% return under Aditya Puri. Can Jagdishan beat that feat?
Shares of HDFC Bank got listed on BSE in May 1995, six months after his appointment. Since then, the stock has delivered 25,000 per cent returns to investors till date.
KV Kamath-led five-member RBI committee formed to oversee debt recast
The resolution framework inter alia envisages constitution of an expert committee by the RBI to make recommendations on the required financial parameters to be factored in the resolution plans, with sector-specific benchmark ranges for such parameters.