Reports suggest state-owned banks have lapped up Rs 40,000 crore, so far, using both bonds and equity instruments. The question, though, is whether there will be a perceptional change for PSB stocks.
This is the first tranche of capital infusion for the fiscal and more funds would be provided in future depending upon the performance of PSU banks.
A railway official said a train has been booked for the Dussehra rally from Nanded city in central Maharashtra.
.jpg)
After scrapping the selection of six UPA-appointed bank chiefs, the government has now decided to make significant changes to the selection process.
Today, the economy requires a certain amount of push not just from the monetary policy but also from its transmission: Das.
The RBI also looked into the effectiveness of systems and processes for implementation of KYC norms
Bankers are expecting a further fall in interest rates, due to ample liquidity in the banking system.
Bankers have requested RBI to keep interest rates stable this fiscal, in lieu of sufficient liquidity in the system.
There is a huge gap in service charges on other factors such as penalty on cheque return.
The RBI on Friday imposed a fine of Rs 6.5 crore (Rs 65 million) on six public sector banks including IDBI Bank, Dena Bank and Indian Bank, for violation of customer identification or KYC norms and anti-money laundering guidelines.
Subrata Roy's parole, granted on humanitarian grounds following his mother's death.
According to the complaint filed by SBI, the account had become non-performing asset on January 27, 2016.
Electing Union Bank of India chairman V Leeladhar as the new chief, the Indian Banks Association on Thursday said it has constituted a committee to draw up a long-term perspective 'Vision Plan' for the banking industry.
Ace stock market investor Rakesh Jhunjhunwala, often referred to as India's own Warren Buffet, passed away at the age of 62.
The plan has received positive feelers from Canara Bank, which, along with others, will together hold 49 per cent. The MFI will be set up with a capital of Rs 100 crore (Rs 1 billion).
R N Subramanian, manager-foreign exchange, Canara Bank, will be the new chairman of the Forex Association of India for the current financial year 2004-05
Canara Bank has offered to help China recover its huge non-performing assets in the banking sector.\n
The CBI has filed a fresh case against absconding diamantaire Mehul Choksi, wanted along with his nephew Nirav Modi in a loan fraud case of Rs 13,500 crore, for allegedly inflating the value of diamonds and jewellery pledged to get Rs 25 crore loan from IFCI, officials said on Monday. The CBI has booked Mehul Choksi, his company Gitanjali Gems and valuers Surajmal Lallu Bhai and Co, Narendra Jhaveri, Pradip C Shah and Shrenik Shah, they said. The central agency has acted on a complaint from Industrial Finance Corporation of India (IFCI) Ltd alleging that Choksi had approached it in 2016 seeking Rs 25 crore working capital loan for which he had pledged shares and gold and diamond jewellery.
Sensex ended up 110.10 points at 11,660.79, while Nifty closed up 24 points at 3390.
The actress who has been in hibernation for quite some time after India Calling, is back.
Telecom department says spectrum can't be used as collateral because it's government property
As many as 104 listed companies have fewer independent directors than mandated by the regulations, according to the figures from Prime Database, reports Sachin P Mampatta.
At 11.58 am IST, the Sensex is up 59.24 points or 0.47% at 12682.52, and the Nifty up 8.10 points or 0.22% at 3665.4.
The markets opened on a strong note due to continued optimism on the back of expected robust third quarter corporate performances
Hardik Pandya has been on the road to recovery after going under the knife following a lower-back injury five months ago. Hardik slammed eight fours and 10 sixes in his sizzling innings
As per norms, sanction for prosecution of government employees accused of corruption has to be given within four months' stipulated time.
The markets have opened in the positive terrain on the first day of december, traders have shown their faith in construction, IT, steel, capital goods. The selling pressure was witnessed in oil, auto, telecom stocks.
Equity markets will look for directions from global trends, ongoing quarterly earnings and investment patterns of foreign institutional investors (FIIs) in a holiday-shortened week ahead and may encounter volatility amid the scheduled monthly derivatives expiry, according to analysts. Equity markets will remain closed on Wednesday on account of 'Republic Day'. "This week is a holiday-shortened one and it's going to be critical due to the list of events and data that are lined up.
The markets have opened the week in the positive terrain, traders are bullish on auto, power, bank up. In the morning session, selling pressure was witnessed in IT.
The markets opened strong on account of buying seen in select index pivotals
Anup Sridhar won the men's singles title in the National Badminton championships.
The trained officers would be able to analyse and scrutinise data on hard disks, track e-mails, extract evidence using Internet and mobile phones and will familiarise themselves with cyber crime-related legislation.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances