Raghuram Rajan's 'surgery' uncovers more bad loans
Look at those offering 100-300 bps more and have good rating; it will improve your portfolio's returns.
Ruling out a cut in lending rates, bankers said the status quo policy stance of the Reserve Bank will be followed by them, at least in the near-term.
Bankers of HPL too have endorsed the idea and are pitching hard for the chairmanship of Chatterjee.
Nifty September F&O series ended lower after seven consecutive positive series with Metal Index falling the most
SBI, PNB, Bank of Baroda, Canara Bank, Dena Bank, Central Bank of India ended down 3%-12% each.
Despite intermittent attempts by lenders to come out with fixed rate home loan products, the high interest rates (as compared to floating rate home loans) ensured that they were not considered as a real option by consumers.
Despite high exposure of public sector banks to power, iron and steel sectors, analysts remain in a wait-and-watch mode.
A steep decline in the Asian equities after crude oil fell to its lowest since September 2003 dented sentiments.
IIP for November 2015 and CPI for December 2015 will be announced today.
The previous bout of Fed withdrawal fears had threatened to spark a crisis of confidence in India -- sending the rupee to a record low of 68.85 in late August and leading to steep falls in bonds and stocks.
BSE Bankex and Telecom indices led the fall.
The 30-share Sensex was up 188 points at 28,415 and the 50-share Nifty was up 58 points at 8,584.
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Bank stocks have underperformed in the second quarter of FY'14 with the BSE Bankex declining 18 per cent compared to fall of 1 per cent in the BSE 30-stock index, Sensex, during this period.
Investors will keenly watch out for the Futures & Options expiry for July on Thursday
Banks led the decline with Nifty Bank and BSE Bank index dropping over 3% each.
Maharashtra and West Bengal lead the way in bank fraud.
'The Modi government has been taking credit for improvement in respect of the ease of doing business in India.' 'But when I look at the scams I cannot help feeling that it is too easy to do business with banks in India, if one is a Harshad Mehta, Vijay Mallya or Nirav Modi and their tribe,' says former Union home secretary Madhav Godbole.
The rally in index heavyweight ITC has boosted the sentiment across the board.
The 30-share Sensex ended higher by 177.46 points at 28,885.21 and the Nifty gained 63.90 points at 8,778.30.
State Bank of India's push among fellow bankers to appoint an external agency to run debt-heavy Bhushan Steel might not be smooth sailing.
Weak monsoon forecast rekindled fears of higher inflation.
NHAI to pay only Rs 175-200 cr as it takes over from concessionaire
Deal with current owner Exide may be signed next week
Then came the electrifying climax of Tuesday's hearing. Pasbola showed Sharma copies of cheques that had been deposited at the bank with Indrani's signature on them. He accused Sharma of forging Indrani's signature and collecting the money for herself. In the back Indrani stood up in the accused box and very pointedly nodded her head up and down and mouthed, "She did!".
'We feel there is definitely something murky in the system.' 'Will anyone believe that Nirav Modi will go to a branch and bribe a low-level officer?' 'Just look at the people with whom he had moved around.'
One always ponders over why the witnesses should not have poor memory when answering cross examination questions or recounting events that occurred six years ago. Too many witnesses seemed to have drunk some Harry Potter-esque Philosopher's Stone magic elixir that has Botoxed their fading memory to make it as good as new again.
Bharti will move FIPB soon for increasing Axa's stake to 49%
It is not often that Goswami's Nation-Wants-to-Know shows become material evidence in a murder trial no less. Nor was it something CBI Special Judge J C Jagdale was wildly enthused about. It had to be done because as he put it to CBI Special Public Prosecutor Kavita Patil caustically: "Your witnesses gave interviews to channels about a serious crime."
FM proposed rationalisation of various tax exemptions.
'With folded hands, on humanitarian grounds, if she can get temporary bail on medical grounds so she can get treatment.' 'If she dies, the whole trial gets derailed.'
Why had the CBI decided to have Waghmare tell the court the tale surrounding this odd trip to Kolkata made for even odder reasons, close to a year-and-a-half after Sheena's murder? To show the kind of person Indrani was? And that the murder of her daughter was not a heat of the moment crime, given Indrani was capable of other odd, suspicious, premeditated acts like this?
A glance back at some of the important ups and down Indian Inc faced in 2018.
Something about the big car and its passengers, standing solemnly outside their vehicle, piqued the biker's interest.
Nifty snaps 10-day winning streak
One couldn't help feeling a certain melancholy viewing these now vagrant documents and photographs that would never be rightfully cherished. The pictures spoke to you. They offered slices of extinguished lives. They breathed sadness too, for what could have been and will never be. The sweet promises that Life made and insolently, arrogantly never kept.
Shyamvar Pinturam Rai and Pradeep Waghmare. Both erstwhile employees of Peter and Indrani Mukerjea. In the witness stand on Monday, Waghmare came across as a cheerful, straightforward man who is attempting to clamber his way towards prosperity. In the witness stand on Friday, Rai shed his customary jauntiness and broke down weeping, begging forgiveness from CBI Special Judge Jayendra Chandrasen Jagdale.
Government's financial inclusion mission is well intentioned, but it may be putting a severe strain on the banking sector.
Jaypee, Essar, GMR, GVK, Lanco, Abhijeet groups debt rise despite falling cash flow, says UBS
After ten minutes no one could keep track of the legal team's questions on the geography of the route Sandeep Patil took on his Pulsar Bajaj motorcycle, on the morning of April 25, 2012. Not the judge. Or the onlookers. Least of all Patil.
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