United Bank's exposure to Kingfisher Airlines was around Rs 350 crore (Rs 3.50 billion)
RBI's surprise rate cut has revived sentiments of India Inc.
Experts caution that the rally in these stocks may fizzle out soon, as the overall market sentiment still remains weak.
Mixed global cues and decline in crude oil prices further dent the sentiments.
If this Budget was not packaged and sold as a Budget for the poor and for farmers, Narendra Modi would have lost the next election.
market rally, especially in mid-caps, has also been driven by a pick-up in the monsoon and the government's resolve to get the goods and services tax (GST) Bill cleared in the recent session of Parliament.
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As on Monday, the prices of many vegetables had fallen as much as 50% compared with those a month before, due to increased supply, following the arrival of winter crops in the markets.
You can gift your sister a Women Special Credit Card, which is not only loaded with exciting rewards for women, but they are also your sister's first step towards a better credit management.
Global cues lift Sensex 364 points; Nifty ends above 8,650.
IDBI Trusteeship Services, in its capacity as the lenders' trustee to Kingfisher Airlines, has invoked a little over 4.93 mn shares worth Rs 1,300 crore.
Asset quality stress has ballooned recently, as growth slowed and interest rates continued to rise.
The return of investor confidence in the equity markets is bringing some of the large companies back to the fund-raising table.
Firm makes disclosures of improper transactions worth Rs 1,225.3 crore with entities linked to beleaguered businessman
Infosys, Bharti Airtel and ICICI Bank are the only companies who have managed to score 100% on a Composite Disclosure Index
12 out of 21 public sector banks reported declines in their loan books in the last financial year against seven such banks in 2015-16 and none in 2013-14.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' stock market queries. Ajit will offer his unbiased views on a weekly basis
Inflation indexed bonds assure a positive return over inflation.
Tomorrow's review could also turn out be the last policy anchored by Rajan if the proposed Monetary Policy Committee (MPC) is put in place before the next review due on August 9.
The Street expects lower earnings from RIL's shale business to be offset by the sharp uptick in refining margins and the gradual improvement in petrochemical earnings.
Sensex surged 486 points or 1.9%.
The outcome is beyond the market's expectation and will be a sentimental boost, say analysts.
Financials were the top losers after sharp gains in the previous session along with ITC
Modi has been relentless in building his brand regardless of banks having a problem of fraudulent and unauthorised transactions with his companies.
There may be huge discounts and easy EMI options on your favourite expensive smartphone, but do not swipe your credit card left, right and centre, warns Rajiv Raj
Bank of India, Canara Bank, Dena Bank, Corporation Bank and Andhra Bank are among the lenders that received capital infusion from the government.
However, some analysts say RBI Governor Raghuram Rajan may delay the rate cuts amid mounting concerns over the government's fiscal health.
Liquor baron Vijay Mallya's passport has been suspended.
The company is pursuing the early scheduling of gas with the Centre to restart generation.
India's largest private sector lender ICICI Bank has hit the Chinese debt market for a benchmark issue of about $500 million.
While the latter is being viewed as a greater concern, the former may gain prominence in the next few weeks.
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A weak rupee makes imports costlier, including oil and other commodities.
Reports have suggested Rs 400-650 as the possible IPO price
Market sentiment around the stock has continued to be positive on the back of improving outlook for the US economy and anticipated weakness in the rupee.
Broader markers outperformed their larger peers.
Monday's steep fall turned Sensex's yearly returns to - 2.57%, but only two large-cap funds did worse.
FY16 saw the highest number of new product launches in a year from Maruti
Though the developments are positive, analysts say the benefits will accrue only in the long run
Banks Board Bureau chief Vinod Rai has proposed performance-linked incentives for bank employees, but the staff unions are dead against the idea.
The finance ministry is not only keen to split the roles of CMD, but also wants to appoint them for a fixed tenure of five years.
Foreign institutional investors (FIIs) are set to pump in more funds in debt securities, as the next government under the Bharatiya Janata Party (BJP) is expected to be a stable one and is seen as growth-oriented by market participants.
