Promising swift action on the debit card data compromise issue, Economic Affairs Secretary Shaktikanta Das on Friday said there was no need to panic over the feared security breach that affected over 32 lakh cards.
Vijay Mallya left India on March 2, presumably for London.
SBI has the highest exposure of Rs 1,600 crore to the beleaguered Kingfisher Airlines.
Virat Kohli is going through a rare lean phase in his career, but Sharma is unperturbed and feels that the Indian captain will bounce back.
The breadth, indicating the overall health of the market, turned negative. On the BSE, 1,581 shares declined and 1,246 shares fell. A total of 165 shares were unchanged.
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
Equity benchmarks erased early gains after realty, capital goods, teck, auto, PSU, IT, power and bankex counters came under selling pressure, falling up to 1.28 per cent.
Bank of Baroda on Tuesday said it would increase deposit rates by 25 basis points with effect from either January 27, 2006 or February 1, but would not go for any change in the lending rates.
Bank of Baroda is keen on having a common strategic foreign partner for both its mutual fund and the proposed life insurance venture.
The markets opened on a strong note due to continued optimism on the back of expected robust third quarter corporate performances
The Industrial Finance Corporation of India is likely to be merged with the Punjab National Bank or the Bank of Baroda and a final decision is expected to be taken shortly.
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
With bank scrips getting into the limelight, the Stock Exchange, Mumbai has decided to launch a new index, Bankex, consisting 12 stocks including SBI, ICICI Bank, HDFC Bank and Bank of Baroda from Monday.
Money managers have turned cautious about the technology space.
To mark its 150th year of inception, Standard Chartered Bank would strengthen its presence in the country and open 23 new branches and 81 ATMs in this calendar year.
'The PCA framework was revised and tightened in April 2017, but there was no discussion in any board meeting. The government does not know the rationale behind revising the framework and how the RBI arrived at it. Similarly, there was no discussion in the board meeting on the revised NPA framework,' said an official.
The consortium led by SBI has also initiated the process of recovery.
Gaurav Garg, Head of Research, CapitalVia answers readers' stock market queries
The data show close to 72.5 million accounts have been opened till November 10 with an average 500,000 opened every day.
Referring to the government's Make in India initiative, he said India has become a hub of mobile phone manufacturing, which has provided employment to 4-5 lakh youth in the last four years and has helped the country save Rs 3 lakh crore foreign exchange.
While PNB did not name the other lenders, Union Bank of India, Allahabad Bank and Axis Bank are said to have offered credit based on letters of undertaking (LOUs) issued by PNB. Foreign bank branches too are under investigation.
The board of state-run Bank of Baroda has approved a proposal to return Rs 91.9 crore (Rs 919 million) of capital against recapitalisation bonds to the government, the National Stock Exchange said on Tuesday.\n\n\n\n
Among Sensex constituents, Vedanta fell 3.40 per cent, followed by SBI 3.17 per cent, Yes Bank 3.11 per cent, Axis Bank 1.68 per cent, ONGC 1.60 per cent, Power Grid 1.52 per cent and HDFC 1.48 per cent.
The high court remained unconvinced by Mallya's claim that he has been a non-resident Indian since 1988 and has lived in England since 1992, a country where he has indefinite leave to remain
Investors lost around Rs 1.57 lakh crore in market valuation on Friday.
The markets opened the first trading day of 2007 on good note
In January 2017, the growth in total premium was Rs 13,138 crore, against Rs 10,284 crore in January 2016, a growth of 28 per cent.
Next set of Q4 FY16 earnings, progress of monsoon along with election poll outcome will dictate market trend this week
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances