Bank of Baroda has relatively better position on impaired assets.
Inflation indexed bonds assure a positive return over inflation.
At the current market price of the stock, that stake would be valued at about $1.5 billion.
The company said it would appoint a US law firm to conduct a full investigation
Money managers have turned cautious about the technology space.
A leave vote means the future of Britain's financial services industry is now hanging in the balance.
Today, they can't meet even the piffling capital norm set by Mint Road - Rs 5 crore for partnerships and Rs 10 crore for public and private firms in this line of business. Bulk of the trades are put through e-platform offerings of Reuters, Bloomberg, JPMorgan, Barclays or Deutsche Bank. And they have the web-based FXall, FXconnect, Atriax, Hotspotfx and LavaFX for company.
Banks seems to be upset over RBI's move over rate cut.
Expect more volatility in the coming year as the economy and markets price in the demonetisation drive.
The index gained 572 points, or 2.4 per cent, this week while the Nifty added 164 points, or 2.3 per cent
The regulatory actions, undertaken by the RBI and the government, came hours after finance ministry sources confirmed that SBI was directed to bail out the troubled lender. For the next month, Yes Bank will led by the RBI-appointed administrator Prashant Kumar, an ex-chief financial officer of SBI.
Brent crude prices fell to $57 a barrel on Monday from $62 a barrel.
Instruments such as Reits, InvITs, unsponsored GDR, GIFT find few takers.
The bank was worth over Rs 80,000 crore as recently as September 2017. The lender had grown at breakneck speed, helped perhaps by Rana Kapoor's reputation as a banker, willing to aggressively write checks.
'If the RBI blesses us with a banking licence, we would like to launch a successful bank.'
Analysts agree China, Greece and US Fed developments need careful monitoring but India should gain, over time, from relative rise of the dollar and fall in commodity prices.
Tamal Bandyopadhyay, columnist and author of several books like From Lehman to Demonetisation: A Decade of Disruptions and Sahara: The Untold Story, tells Rediff.com why Yes Bank depositors should not panic and the current crisis at India's fifth largest private lender does not pose any systemic risk.
The derivatives expiry on Thursday is also expected to add to the volatility.
Even as you fight the ongoing health challenge, here are some tips to strengthen your personal finance in the time of coronavirus.
The country imported 9.31 million tonnes (mt) of steel in FY15.
A decline in the real estate sector, rising debt and the company's alleged involvement in 2G scam caused damage to the business and its image.
Experts prefer domestic consumption-driven plays and defensives such as information technology and pharmaceuticals
Mop-up misses target as big FIIs skip issue.
'A positive oil shock has a detrimental effect on growth and activity.'
Infosys, TCS, HUL and Reliance Industries were the top gainers of the day.
Global markets could correct 5-10 per cent. If that happens, Indian markets will correct about 10 per cent
India Inc has few leaders who are likely to grab headlines in 2015.
India's five leading wilful defaulters are Winsome Diamonds & Jewellery Ltd and associate Forever Precious Jewellery & Diamonds, Zoom Developers, Kingfisher Airlines, Beta Naphthol and Raza Textiles
Industries with the highest number of top-rated companies at risk were hospitality/travel, media and entertainment, retail, financial services and consumer goods/manufacturing
It's not e-retailers alone. Bankers are also celebrating initiatives like 'Big Billion Day Sale' this festive season.
An analysis of the National Housing Bank's Residex shows from 2007 to now, almost all tier-II cities have seen their residential property prices appreciate by 45-120 per cent.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances