Share market update: Bank shares slip; Yes Bank dips 3%
The Nifty Bank index was trading 0.71 per cent down at 31626.60.
Unitech promoters diverted money of home-buyers and banks to off-shore tax havens: Audit report
Forensic audit of Unitech Ltd, which was done...
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.
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.
Merger: E&Y to carry out harmonisation of capital norms of PNB, UBI, OBC
"PNB, the anchor bank, has appointed E&Y as advisor for harmonisation of capital norms, precisely net worth of the three banks as on March 31, 2020," United Bank of India's MD and CEO Ashok Pradhan said. At present, the consulting firm is looking at the balance sheets of the three banks and their audited reports of the second quarter of the current financial year, he added.
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 .
The UPI effect: Why Indian banks need to up their cloud game in 2020
It is the banks that have to invariably do the heavy lifting for UPI transactions.
Share market update: PSU bank shares rise; OBC climbs 3%
The Nifty PSU Bank index was trading 0.36 per cent up at 2474.8 .
Yes Bank’s forex issuer rating under review
Bank's standalone viability is getting increasingly challenged
Buzzing stocks: Vodafone Idea, YES Bank, Bharti Airtel, SBI
The NSE Nifty index was trading 17.90 points down at 12,337.60.
After Iran, UCO Bank may be chosen to pay Russia
India is set to change the bank it uses to make payments for Russian arms and is likely to route the money through UCO Bank, which is also being used to carry out trade with Iran.
Analyst Calls: Wipro, IndusInd Bank, Mindtree, L&T Infotech
HDFC Institutional has maintained its Neutral rating on Wipro with a target price of Rs 235.
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.
World Bank approves Rs 630 crore loan to Assam Inland Water Transport
Under the Assam Inland Water Transport Project (AIWTP), the infrastructure of passenger ferry services will be improved and the capacity of institutions running the inland water transport will be strengthened. Better-designed terminals and energy-efficient vessels will make the ferry services more sustainable with least disruption to nature.
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