The BSE Sensex was down 326 points at 23,277 and the Nifty was down 107 points at 7,056.
Mundra fills the vacancy created by the retirement of KC Chakrabarty in April, two months before his five-year tenure was come to an end.
The S&P BSE Sensex closed 318 points at 24,455 and the Nifty50 shed 99 points to end at 7,438.
Over 25,600 cases of banking fraud reported up to December 21, 2017, says Minister RS Prasad.
The S&P BSE Sensex has dipped five per cent, thus far, in CY15.
Since January this year, RBI has cut the repo rate - at which it lends to commercial banks -- to a gross of 1.25 per cent.
The banks also wanted disclosure of assets of Mallya's other close relatives and former relatives, including his ex-wife, which was objected by his counsel.
Broader markets are outperforming the benchmark indices- BSE Midcap and Smallcap indices are up 0.8%-1%.
Metal stocks also had a good session, with JSW Steel zooming by 7%, and Tata Steel and Nalco gaining about 3% each.
Buying stocks during bad times can lead to good returns.
Meet to review progress on lending, impact of recent rate cuts and what is being done on NPAs, among other things
Participants are keenly waiting for the January IIP.
The Nafed has outstanding dues of Rs 224.26 crore (Rs 2.24 billion) as of February 15.
Asian shares ended higher after a string of positive US economic data.
The benchmark BSE Sensex reclaimed the 28,000 mark, spurting by 409 points or 1.4% at 28,114 and Nifty settled above the 8,500 mark at 8,532, gains of 111 points.
Positive cues from the global market front aided the rally.
On Monday, RBI announced that 26 entities, including Tata Sons, LIC Housing Finance, Aditya Birla Nuvo, Department of Posts, Reliance Capital, L&T Finance and Bajaj Finserv, applied for grant of bank licences.
Natco Pharma, Wockhardt and Marksans have rallied between 50 and 70 per cent in the year till date.
The Sensex closed higher by 170 points at 26,128 and the Nifty rose 59 points to end at 7,943.
PSU bank shares were the top gainers on hopes of a rate by the RBI on easing consumer inflation
Despite high exposure of public sector banks to power, iron and steel sectors, analysts remain in a wait-and-watch mode.
The banks used for the fraud include ING Vysya Bank, ICICI Bank, Kotak Mahindra Bank, Axis Bank, IndusInd Bank, Dhanlaxmi Bank, YES Bank and DCB Bank.
Decline in the rupee coupled with a slide in the crude oil prices have dented the sentiments.
SBI, PNB, Bank of Baroda, Canara Bank, Dena Bank, Central Bank of India ended down 3%-12% each.
Sun Pharma was the top gainer after SPARC received Sebi nod to raise up to Rs.250 crore through a rights issue
SBI leads a 17-member consortium of lenders that is trying to recover dues running into over Rs 7,500 crore (Rs 75 billion) in principal alone from Kingfisher Airlines.
BSE Bankex and Telecom indices led the fall.
An obscure Indian bank has been an unlikely beneficiary of Western sanctions against Iran, handling billions of dollars from frozen oil payments that boosted its interest margins, but is now having to prepare itself for life after the windfall.
Deepak Narang, executive director of United Bank of India, speaks on Vijay Mallya's 'wilful defaulter' status.
The regulator has put a cap on the business a bank can get from a single insurer.
Banks might hold on to lending rates for the time being.
On Tuesday, Finance Minister P Chidambaram had more than adequately made clear that the government would be allocating Rs 14,000 crore through Budget, the Financial Services Secretary said.
More than 10% (40 of 498 companies) have lost at least half their market value.
Above normal monsoon forecast and strength in Asian equities lifted sentiments.
NHAI to pay only Rs 175-200 cr as it takes over from concessionaire
A long crisis with a lack of sound short-term, long-term actions can result in sluggish growth in India, similar to that in Japan.
YES Bank raises base rate; HDFC Bank, Axis hike deposit rates.
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.
Sensex eneded 374 points higher on rate cut expectation from the RBI.
Tata Steel, SBI, L&T and Sun Pharma advanced 2-5% each.
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