The higher the tax bracket, better the yields for these instruments
Highest-ever mobilisation in first half of any fiscal year; bankers expect the trend to continue, given strong pipeline
Did you know that women can avail for a loan of upto Rs 20 crores to set up a manufacturing business?
The 30-share Sensex surged 299 points to close at 28,736 and the 50-share Nifty gained 90 points to end at 8,723.
SBI remains a favourite of most brokerages in the PSB segment.
The government has asked the Indian Banks' Association to make sure that IDBI Bank's wages are on a par with other banks.
The 17-lender consortium, led by State Bank of India had put on auction the property with a reserve price of Rs 115 crore, which was 15% less than the second auction of the property held in August
Brokerage house Nomura today said the downward revision of FY'13 growth figure by the Central Statistics Office will have a positive base effect for GDP expansion in the current fiscal.
Additionally, promoter Naresh Goyal and Etihad Airways, which owns a 24 per cent stake in the airline, will infuse around Rs 2,000 crore into the airline, sources aware of the development said.
PE giants Apollo, Bain Capital and Advent International are keen to pick stake in Viom
Union Bank of India, United Bank of India reduced base rates.
UV Asset Reconstruction Company Ltd has made the highest bid of Rs 16,000 crore to buy Anil Ambani group's Reliance Communications and Reliance Telecom, which are in the National Company Law Tribunal (NCLT). Last year it was the highest bidder for taking over Aircel's assets for an upfront payment of Rs 150 crore. Surajeet Das Gupta and Dev Chatterjee dig deeper to find out more about this little known company.
Existing and new customers will find it easier to manage or raise loans as banks start cutting rates.
The benchmark indices have rallied 28 per cent this year, while the broader market has outperformed
Gains in financial shares capped further downslide.
The April 2 Supreme Court order quashing the February 12, 2018 RBI circular (which ended all debt recast plans even on a one-day default) put paid to the resolution plan as banks were left with no leeway to restructure the loan and pay the promised Rs 1,500 crore interim funds.
Ajit Mishra, vice president, Research, Religare Broking, answers readers' queries on stocks they own or want to buy. Here are his replies to some of the 'buy, sell, hold, avoid or exit?' e-mails that we have received.
The NSE Nifty, which dipped below the key 10,800-mark to touch a low of 10,755.40, bounced back on late buying to close at 10,817.70, up 9.65 points, or 0.09 per cent.
HDFC Bank has ensured that no bank will be able to match them in the near future without bleeding on margins.
Market participants are now awaiting Thursday's meeting of the European Central Bank
There's surplus liquidity and RBI, with plentiful forex reserves, is ready to pump whatever extra is needed
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.
The broader markets closed in tandem with their large counter parts- BSE Midcap and Smallcap indices lost 0.065 and 0.10%, each.
'If the new rate is lower than your current rate, ask your bank to shift you to it.' 'This can be done by paying a fee of Rs 5,000 to Rs 6,000.'
After due deliberations, the lenders have decided to seek resolution for Jet Airways under the bankruptcy code since only a conditional bid was received.
Investors booked profits in range-bound trade, led by PSU, oil & gas, energy, infrastructure, telecom, realty, healthcare, bankex, FMCG, capital goods and power counters.
HDFC Bank becomes first Indian lender to develop mobile banking app for Apple's latest offering in India.
'The worst is over, but it may take a couple more years for the banking system to re-establish the growth process.' 'Banks are the major pillars in an economy's revival.' 'Without banking operations and lending, revival will not happen.'
The NSE 50-share Nifty spurted 97.25 points, or 0.92 per cent, to 10,715.50
In February 2013, the airline under the then chairman Rohit Nandan decided to shift its base to New Delhi.
The S&P BSE Sensex ended up 129 points at 26,843 and the Nifty50 ended up 39 points at 8,220.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers's queries on stocks they own or want to buy.
Non-mineral-rich states will benefit from tariff concessions.
The Supreme Court on Friday dubbed as a "serious issue" the long queues outside banks and post offices and expressed its reservation on the Centre's plea seeking a direction that no other court in the country should entertain petitions challenging the November 8 notification demonetising Rs 1,000 and Rs 500 currency notes.
Indradhanush-II is likely to chart out the process for resolution of non-performing assets.
Invest 5 to 10 per cent in a banking sector fund. Ensure that mutual fund's portfolio includes all three players -- private sector banks, public sector banks and NBFCs.
The first quarter of 2018 saw infrastructure and real estate drive investment worth close to $8 billion across 180 deals
The 30-share Sensex ended up 204 points at 27,215 and the 50-share Nifty ended up 59 points at 8,238.