Axis Bank CFO Jairam Sridharan resigns
The private sector bank said Sridharan would like to pursue other career opportunities.
LIC, SBI, Bank of Baroda to reduce stake to below 10% in UTI AMC by Dec 2020
UTI AMC is promoted by four public sector financial institutions as sponsors -- State Bank of India (SBI), Life Insurance Corporation of India (LIC), Bank of Baroda (BoB) and Punjab National Bank (PNB) -- with each of them presently holding 18.24 per cent stake in the fund house, while private equity firm T Rowe Price International holds 26 per cent stake in UTI AMC.
Yogesh Mehta on what to do with Reliance, SBI and ICICI Bank
Small finance banks can be a good performers from here on, but avoid NBFCS, says Mehta.
Exim Bank provides USD 500 mn credit to Bangladesh for defence procurement
Export Import Bank of India entered into an agreement on April 11 with Bangladesh's Armed Forces Division for making available to the latter a Government of India-supported line of credit (LoC) of USD 500 million, the RBI said in a notification on Friday. The LoC is for the purpose of financing defence-related procurement in Bangladesh, it said.
Share market update: Bank shares mixed; Yes Bank slips 5%
The Nifty Bank index was trading 0.29 per cent up at 31805.35 .
Buzzing stocks: Vodafone Idea, YES Bank, RCom, ICICI Bank
YES Bank (Rs 288.06 crore) was leading the pack of most active stocks in value terms.
Share market update: Private bank shares trade mixed; Yes Bank falls 8%
The Nifty Private Bank index was trading 0.03 per cent down at 17522.35 .
ET Explains: Inside RBI's plan to avert PMC Bank-like embarrassments
New policy measures were announced on Thursday to strengthen the regulatory framework at the UCBs.
Share market update: PSU bank shares fall; Bank of Baroda dips 3%
The Nifty PSU Bank index was trading 1.79 per cent down at 2527.65 .
After Market: Voda Idea, PSU banks bleed; 23 stocks cross 50-EMAs
YES Bank was the most active stock on NSE in terms of turnover.
YES Bank tanks 10% on Moody's downgrade, negative outlook
Moody's downgraded YES Bank's long-term foreign currency issuer rating to B2 from Ba3.
Buy ICICI Bank, price target Rs 560: Shubham Aggarwal
The analyst suggested a stoploss at Rs 509
SoftBank will have ‘last laugh’ with WeWork deal, Bernstein says
Chris Lane of Sanford C. Bernstein says WeWork can have a bright future if SoftBank overhauls the biz plan.
Maharashtra government wants PMC Bank to merge with MSC Bank
"The government stands behind the PMC Bank depositors. I have spoken with the MSC Bank director and asked him to consider a merger of the two banks to provide relief to the depositors," Patil told mediapersons here this afternoon. He assured that the state's apex cooperative banking entity.
RBI investigating 'net banking' breakdown at HDFC Bank
Following the outage, several HDFC customers were unable to access their salary accounts to make bill payments.
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