Welcome to ‘peak decade,’ from globalization to central banks
Ian Bremmer, founder of Eurasia Group, describes this year as a “tipping point.”
Avendus Capital: An unlikely success story of a homegrown investment bank
Homegrown Avendus Capital has stitched up an unlikely success story...
Share market update: Bank shares slip; Yes Bank dips 3%
The Nifty Bank index was trading 0.71 per cent down at 31626.60.
Interim dividend issue may come up in next RBI's board meeting
Interim dividend may come up for discussion as the govt struggles to meet its fiscal deficit target of 3.3%.
HDFC Bank Q3 results: Profit surges 33% YoY to Rs 7,416 crore; firm beats Street estimates
HDFC Bank’s third-quarter profit beat Street estimates supported by higher other income.
Share market update: Private bank shares fall; Yes Bank slips 3%
The Nifty Private Bank index was trading 0.75 per cent down at 17452.95.
Indian Bank likely to retain its name after merger with Allahabad Bank
Some other non-anchor lenders in the mega merger exercise have also requested the government for new names and logo, unlike in the Bank of Baroda-Dena Bank-Vijaya Bank exercise, wherein the logos of all three lenders have been retained.
HDFC Bank to upgrade credit card systems
The instant card generation will initially be available only for existing customers but is likely to be extended to non-customers later. The new system will allow the users to file disputes by clicking photographs of charge slips and uploading them.
Layoffs, rejig one-time exercise, will be over soon: Oyo CEO
The question that whether some staff members are being asked to go is correct. Over the last one and a half years, there has been an increase in revenue to about 3x, and we had 1-million-plus rooms globally by the end of 2019
Stock market update: Private banks soar; Federal Bank climbs 3%
The Nifty Private Bank index was trading 0.34 per cent up at 17,632.05.
Share market update: Bank shares up; Yes Bank rises 2%
The Nifty Bank index was trading 0.43 per cent up at 31961.5 .
Making efforts to financially strengthen bank further: Yes Bank
"All efforts are being made to financially strengthen the bank even further. Kindly, therefore, pay no heed to these unfounded reports," Yes Bank said. Last week, Uttam Prakash Agarwal, an independent director of Yes Bank resigned from the board and stepped down as head of its audit committee citing major corporate governance concerns.
Supreme Court forms committee to draft mediation law, will send to government
The panel, to be headed by mediator Niranjan Bhat, will recommend a code of conduct for mediators, who are legal experts. On January 12, the committee met in Hyderabad to consider suggestions for a legislation put forth by mediators from all over India. The mediators emphasised on confidentiality, the voluntary nature of the process, neutrality etc.
HDFC Bank PAT grows on other income, asset quality weakens: Key Q3 takeaways
Net non-performing assets (NNPAs) were at 0.48 per cent of net advances for the Dec quarter.
Suspected big bank fraud cases to be vetted by panel before probe
The panel will function as the first level of examination for all alleged cases of fraud involving Rs 50 cr or more.
Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service