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Don't rush to buy PSU bank stocks yet

'Investors should not commit fresh money to these stocks right now, unless they can hold for the next three to four years.'Puneet Wadhwa and Deepak Korgaonkar report. Illustration: Dominic......

Forex scam: Banks face Sebi scrutiny

State-run Bank of Baroda and Oriental Bank of Commerce are among those facing scrutiny. As a multi-agency probe continues into the alleged forex-based black money case involving thousands of crores......

OBC, Dena Bank under lens for Rs 436 cr scam

The government has initiated a forensic audit at the state-run Oriental Bank of Commerce and Dena Bank after unearthing of a suspected scam, wherein the lenders allegedly misappropriated funds......

SS Mundra assumes office as RBI Deputy Governor

Commercial banker Subhash Sheoratan Mundra has assumed office as the fourth deputy governor of the Reserve Bank on Thursday for a three-year term. Mundra, who led the country's second largest......

BofA Merrill turns positive on Indian banks

Bank of America Merrill Lynch upgraded State Bank of India, Bank of Baroda, and Oriental Bank of Commerce Ltd to 'buy'.The investment bank says upgrades come on the back of a steepening bond yield......
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CBI arrests two in bank fraud case

[India] Mar 15 (ANI): The Central Bureau of Investigation on Thursday arrested two directors of a city based private company in an on-going... ...
RBI ban on LoUs; PSU bank stocks recover after early setback

Mumbai: Well, it appeared at the start of today's session that the recovery in the banking space witnessed on Tuesday on reports that Bank of India... ...
Future Consumer Ltd leads gainers in 'A' group

of India, Oriental Bank of Commerce, Union Bank of India and Syndicate Bank are among the other gainers in the BSE's 'A' group today, 13 March... ...
Global Stock Pare Losses After Robust US Jobs Data

Posted by Equitymaster Global financial markets slumped this week after the US imposed steel and aluminium tariffs on exports. However, markets... ...
Oriental Bank of Commerce revises change in MCLR

First Published: Fri, March 09 2018. 19:14 IST RECOMMENDED FOR YOU RECOMMENDED FOR YOU ...

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