With the July 1 deadline to apply for bank licence fast approaching, aspirants are scrambling to meet the Reserve Bank of India's (RBI) eligibility criteria to apply.
On government's last week's announcement of revamping of PSU banks, Fitch Ratings said the move is "credit positive, but risks remain".
China remains in firm control of an estimated 600-800 square kilometres of Indian territory.
Retail investors may burn their fingers investing in them, especially if the markets correct, experts tell Sanjay Kumar Singh
'We began foolishly bragging about Saudi-Emirati investment plans as indicative of the sheikhs 'distancing' from Pakistan, including on Kashmir,' notes Ambassador M K Bhadrakumar.
For a while, it seemed the markets were going on a free fall.
Sensex ends 134.91 pts down at 28,709.87; Nifty falls 44.70 pts at 8,712.05.
The one common theme across companies that have rewarded shareholders is consumption.
Investors booked profits at higher levels after the Sensex and Nifty hit all-time highs in the previous session.
Payments banks will mainly deal in remittance services and accept deposits of up to Rs 1 lakh.
Aggressive rate hikes by the US Federal Reserve could result in a flight of capital from emerging markets like India, says B Gopkumar, chief executive officer, Reliance Securities.
The event will also hurt PNB's asset quality in the March 2018 quarter. While the finer details of the fraud have not been provided, making it difficult to gauge the exact impact, analysts say it will dent the bank's financials.
Notable losers were ONGC, Axis Bank, ITC, SBI, ICICI Bank, NTPC, Hero Motocorp, Sun Pharma and Bharti Airtel who fell by up to 2.80 per cent.
The market breadth in BSE remains positive with 1,554 shares advancing and 1,196 shares declining.
Other income stood at about a quarter of PBIDT in the first 9 months of 2013-14
Currently, only three have completed more than six months of operation in the space - Fino Payments Bank, Airtel Payments Bank and Paytm
To be sure, this is not some stunning new revelation that our equity markets are beholden to foreign flows.
The markets will remain choppy ahead of RBI policy.
Markets ended at record closing highs for the second day in a row on institutional buying.
If you are not already lost in the zeros this wealth stands at Rs 257 lakh crore or Rs 257 trillion, according to a report unveiled by Karvy Private Wealth for the year 2014.
Equity-linked savings scheme, PPF and Sukanya Samriddhi Yojana are recommended instruments.
Unlike in the past, when old private banks compromised upon underwriting standards to take on the bulk, they've now realised that scaling up at the cost of quality isn't worth the while. These banks have also readjusted growth targets when required, and rebalanced books to preserve capital and asset quality.
Removal of mark-ups to be paid by Maruti, other changes could raise funding need to Rs 6,000 crore.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' queries on stocks they own or want to buy.
It will be the first to go, in what has become an overcrowded segment since India first allowed futures trading in commodities in 2003.
'If the RBI blesses us with a banking licence, we would like to launch a successful bank.'
The progress on US debt ceiling talks, domestic inflation numbers and second quarter earnings of companies are expected to keep investors busy in the truncated trading week ahead.
Sensex ended strong, Tata Steel, HUL climb higher.
Stockmarket Gurus Raamdeo Agrawal, Manish Gunwani, S Naren and Nilesh Shah discuss their favourite themes for the New Year.
The 30-share Sensex ended down 339 points at 28,119 and the 50-share Nifty closed 100 points lower at 8,438.
Investing in special situations can help you tap opportunities that arise during adverse conditions, advises Joydeep Sen.
Markets have witnessed a gap down opening mirroring losses in the global equities with US markets taking a hit on worries about the health of Chinese economy.
The Sensex ended below 28,000 for the second straight day at 27,869.
The Nikkei share average rose 2.6% to close at 15,195.77 points, more than recouping Tuesday's losses.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' stock market queries. Ajit will offer his unbiased views on a weekly basis
'The focus is more on the outlook for global growth'.
As regular promotional discounts and offers rolled out by well-funded apps determine the demand trend, online hospitality aggregators face growing discontent from restaurants and hotels over commissions and pricing power.
Pharma major Lupin and mortgage lender HDFC were the top losers.
V Viswanand, director and head, Products and Persistency Management, Max Life Insurance, will answer your queries in an online chat September 3, between 2 pm and 3 pm.
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