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Rajan's advice on PSU bank mergers

'I would say restore the banks to health, get active board composed of professionals, then there will be an ideal situation for merger.' Mergers of PSU banks should be done only after......

Markets end flat amid lack of major cues

The Nifty PSU Bank pared losses to end flat after falling as much as 1.05% Benchmark indices settled the day flat with Nifty50 trading near 9,650 amid lack of any strong global and domestic cues.......

Markets end marginally higher even as Fed rate hike looms

Nifty PSU Bank index gained 1% led by Allahabad Bank, Andhra Bank, Syndicate Bank and IDBI Bank Benchmark indices ended moderately higher after a choppy session as data released by the commerce......

Markets end half a percent lower ahead of inflation data

Nifty PSU bank index dropped nearly 2%   Benchmark indices settled the day lower after trading under pressure throughout the day as investors booked profit ahead of inflation data due today......

Sensex settles 267 points lower, Nifty below 9,300

Banking stocks dipped with Nifty PSU Bank index falling 1.7% after the government notified the ordinance that seeks to tackle non-performing loans in the sector. The benchmark indices settled......
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HC permits woman to operate comatose husband's bank accounts

The Bombay High Court today allowed a woman from Navi Mumbai to operate the bank accounts of her 63-year-old comatose husband after observing that... ...

http://www.business-standard.com/article/pti-stories/hc-permits-woman-to-operate-comatose-husband-s-bank-accounts-117101300848_1.html
Indian Indices Continue Momentum; Telecom Stocks Witness Buying

Posted by Equitymaster After opening the day on a positive note, stock markets in India have continued their momentum. Sectoral indices are trading... ...

http://www.equitymaster.com/tm/tm.asp?date=10/13/2017&title=Indian-Indices-Continue-Momentum-Telecom-Stocks-Witness-Buying
NDMC, PSU bank join hands for real-time transfer of salaries

The North Delhi Municipal Corporation has entered into an agreement with a PSU bank for real-time transfer of salaries to the accounts of its... ...

http://www.business-standard.com/article/pti-stories/ndmc-psu-bank-join-hands-for-real-time-transfer-of-salaries-117101300044_1.html
Tata Tele-Bharti Airtel deal will help stress resolution, say lenders

According to senior PSU bank executives, the Tata group has conveyed it would stand by it loan clearing commitments Last Updated at October 13,... ...

http://www.business-standard.com/article/companies/tata-tele-bharti-airtel-deal-will-help-stress-resolution-say-lenders-117101300033_1.html
Late rally lifts Sensex 348 pts; Nifty tad below 10,100; RIL up 4% ahead of Q2 nos

All sectoral indices barring PSU Bank closed higher. The Nifty Bank, Auto, FMCG, Metal and Pharma indices gained 1-2 percent, followed by IT with... ...

http://www.moneycontrol.com/news/local-markets/late-rally-lifts-sensex-348-pts-nifty-tad-below-10100-ril4-aheadq2-nos_9858501.html

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