News for 'syndicate-bank'

Markets end flat; SBI gains over 2% as banking stocks rally

Markets end flat; SBI gains over 2% as banking stocks rally

Rediff.com9 Dec 2016

Nifty saw the biggest weekly gain since the first week of September and comfortably maintained its crucial 8250 levels in today's session

FinMin mulls splitting CMD post for PSU banks

FinMin mulls splitting CMD post for PSU banks

Rediff.com25 Aug 2014

The posts of Chairman and MD in the private sector are held separately.

Markets tank on macro risks; oil spurt sinks energy stocks

Markets tank on macro risks; oil spurt sinks energy stocks

Rediff.com27 Jun 2018

The wider NSE Nifty touched a low of 10,652.40 before finishing at 10,671.40, showing a loss of 97.75 points, or 0.91 per cent.

Why PSBs put Rs 1-trn bad loans on sale

Why PSBs put Rs 1-trn bad loans on sale

Rediff.com24 Jan 2019

Bankruptcy proceedings are going at a slower pace than what the bankers had envisaged and many cases have gone beyond the 270-day timeline set under the IBC mainly because of litigation.

No woman director in 56 NSE-listed companies

No woman director in 56 NSE-listed companies

Rediff.com19 Apr 2016

All listed firms were required to have at least one woman director on their boards from April 1, 2015, as per a Sebi directive.

Banking crisis

Banking crisis

Rediff.com29 Apr 2016

Banking crisis

RBI slaps Rs 27-cr penalty on 13 banks for FEMA violations

RBI slaps Rs 27-cr penalty on 13 banks for FEMA violations

Rediff.com27 Jul 2016

The RBI also looked into the effectiveness of systems and processes for implementation of KYC norms

Sensex, Nifty run up to a new peak, PSBs in cruise mode

Sensex, Nifty run up to a new peak, PSBs in cruise mode

Rediff.com30 Oct 2017

On the sectoral map, consumer durables stayed in the lead by surging 2.39 per cent, followed by realty index, oil and gas and infra.

Govt infuses Rs 22,915 cr capital into 13 PSU banks

Govt infuses Rs 22,915 cr capital into 13 PSU banks

Rediff.com19 Jul 2016

This is the first tranche of capital infusion for the fiscal and more funds would be provided in future depending upon the performance of PSU banks.

Syndicate CMD bribery case may come before SIT on black money

Syndicate CMD bribery case may come before SIT on black money

Rediff.com10 Aug 2014

The case of alleged bribery of Syndicate Bank Chairman-cum-Managing Director S K Jain may come up for discussion in the meeting of Special Investigation Team on black money, as it is a "classic" case of how proceeds of corruption were transferred through hawala channels.

Cyber security: Why banks may be vulnerable

Cyber security: Why banks may be vulnerable

Rediff.com31 Dec 2018

'There's a huge need for advancements in current security incident logging and monitoring practices.'

Sensex hits one-month low, ends below 31,000

Sensex hits one-month low, ends below 31,000

Rediff.com27 Jun 2017

The S&P BSE Midcap and the S&P BSE Smallcap indices under-performed to lose 0.8% and 1.6%

Defensive stocks lift Sensex 164 points higher

Defensive stocks lift Sensex 164 points higher

Rediff.com16 May 2016

Next set of Q4 FY16 earnings, progress of monsoon along with election poll outcome will dictate market trend this week

Markets snap three-day losing streak; banking stocks lead

Markets snap three-day losing streak; banking stocks lead

Rediff.com11 Apr 2017

The S&P BSE Midcap and S&P BSE Smallcap indices gained 0.4% and 1%, respectively

Bribery, bad loans and India's nationalised banks

Bribery, bad loans and India's nationalised banks

Rediff.com15 Aug 2014

The incidence of corruption cases can be checked to a large extent if the suggestions already available with RBI and the government are taken seriously, says Shyamal Majumdar.

NPAs rise, Kingfisher loan default only a 'trickle': Vinod Rai

NPAs rise, Kingfisher loan default only a 'trickle': Vinod Rai

Rediff.com14 Sep 2014

As industrialist Vijay Mallya fights his wilful defaulter tag, former CAG Vinod Rai has said Kingfisher Airlines' loan default is just a "trickle" and the overall problem of huge bad loans at public sector banks can be blamed on 'cronies' using connections to borrow money.

Markets end lower ahead of IIP, CPI data; Infosys results eyed

Markets end lower ahead of IIP, CPI data; Infosys results eyed

Rediff.com12 Apr 2017

The broader NSE index has fallen about 0.9% as investors wait for corporate results

For BoB, Vijaya, Dena Bank, single brand is the first challenge

For BoB, Vijaya, Dena Bank, single brand is the first challenge

Rediff.com6 Nov 2018

If a name does not unify the three, there could be continued clash of identities, which could splinter the brand even before it takes shape, say Abhijit Lele and Nikhat Hetavkar.

Banks chase borrowers big time in 2014, but to recover loans

Banks chase borrowers big time in 2014, but to recover loans

Rediff.com30 Dec 2014

Banks had a tough time in recovering loans from corporates in 2014.

Syndicate fallout: PSBs' small loans may be hit

Syndicate fallout: PSBs' small loans may be hit

Rediff.com7 Aug 2014

Bankers said fear of loan losses impairing their careers could make officers wary of sanctioning new loan proposals on their own.

Govt to infuse Rs 6,990 crore in 9 PSBs; SBI leads the pack

Govt to infuse Rs 6,990 crore in 9 PSBs; SBI leads the pack

Rediff.com7 Feb 2015

Government to infuse funds in cash-strapped banks.

5 things that impacted the country's banking sector

5 things that impacted the country's banking sector

Rediff.com31 Dec 2014

High interest rate, policy uncertainty in the year of elections, along with risk aversion led to slow takeoff in credit demand on the corporate front.

Sensex falls 362 points to end at 23,191

Sensex falls 362 points to end at 23,191

Rediff.com16 Feb 2016

The BSE Sensex was down 326 points at 23,277 and the Nifty was down 107 points at 7,056.

Markets touch 19-month closing low on dismal Q3 earnings

Markets touch 19-month closing low on dismal Q3 earnings

Rediff.com15 Jan 2016

The S&P BSE Sensex closed 318 points at 24,455 and the Nifty50 shed 99 points to end at 7,438.

Power, oil, telecom firms under CBI lens for laundering

Power, oil, telecom firms under CBI lens for laundering

Rediff.com20 Aug 2014

The Central Bureau of Investigation (CBI) had told the finance ministry some "well-known" companies in the power, oil, and telecommunications sectors were involved in round-trip trading by indulging in third-party transfers in violation of law.

Lenders want forensic audit of Bhushan Steel

Lenders want forensic audit of Bhushan Steel

Rediff.com19 Aug 2014

LIC, ICICI Bank, PNB to have nominees on board; firm asked to sell non-core assets.

CBI arrests absconding vice chairman of Bhushan Steel

CBI arrests absconding vice chairman of Bhushan Steel

Rediff.com7 Aug 2014

Earlier, a special CBI court had issued non-bailable warrants against Neeraj Singal, Vice Chairman and Managing Director of Bhushan Steel Ltd, and Purushotam Totlani, an alleged middleman, in connection with the Syndicate Bank bribery case.

Court issues warrant against Bhushan Steel MD

Court issues warrant against Bhushan Steel MD

Rediff.com7 Aug 2014

The judge had on Wednesday dismissed the anticipatory bail plea of Singal.

Stocks that offered highest returns in Samvat 2071

Stocks that offered highest returns in Samvat 2071

Rediff.com6 Nov 2015

The rally in most of these stocks is partly attributed to impressive financial performance.

SpiceJet's saviour Ajay Singh: 40 firms, a dispute and some defaults

SpiceJet's saviour Ajay Singh: 40 firms, a dispute and some defaults

Rediff.com29 Dec 2014

SpiceJet's ex promoter Ajay Singh is trying hard to pump in huge money into the airline.

Not just Mallya, government agency too a wilful defaulter

Not just Mallya, government agency too a wilful defaulter

Rediff.com10 Mar 2016

The Nafed has outstanding dues of Rs 224.26 crore (Rs 2.24 billion) as of February 15.

Markets pause after 3-day bull run

Markets pause after 3-day bull run

Rediff.com4 Mar 2016

Asian shares ended higher after a string of positive US economic data.

Sheena Bora Trial: The Day The Skull Was Unveiled

Sheena Bora Trial: The Day The Skull Was Unveiled

Rediff.com1 Sep 2019

Vaihayasi Pande Daniel reports on the Sheena Bora Trial.

FIIs reduce stakes in banks in Jul-Sep quarter

FIIs reduce stakes in banks in Jul-Sep quarter

Rediff.com16 Oct 2013

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.

Bank recapitalisation stares at Sebi hurdles

Bank recapitalisation stares at Sebi hurdles

Rediff.com21 Jul 2016

Bank CFOs may meet next week to discuss minimum public shareholding and takeover rule issues.

Coal blocks cancellation, a big blow for PSU banks

Coal blocks cancellation, a big blow for PSU banks

Rediff.com27 Aug 2014

Despite high exposure of public sector banks to power, iron and steel sectors, analysts remain in a wait-and-watch mode.

CBI to probe IDBI Bank's loan to Kingfisher Airlines

CBI to probe IDBI Bank's loan to Kingfisher Airlines

Rediff.com9 Aug 2014

The Central Bureau of Investigation has started a preliminary enquiry looking into the Rs 950 crore (Rs 9.5 billion) alleged bad loan given by IDBI Bank to Kingfisher Airlines ignoring the company's negative credit ratings and net worth.

Can the Singals solve Bhushan's debt crisis?

Can the Singals solve Bhushan's debt crisis?

Rediff.com21 Aug 2014

With the stock market entering a bull phase, many believe the Singals can bring in the much-needed equity capital and reduce their debt.

Markets gather pace on first day of Dec F&O series; banks, metals rise

Markets gather pace on first day of Dec F&O series; banks, metals rise

Rediff.com27 Nov 2015

The Sensex closed higher by 170 points at 26,128 and the Nifty rose 59 points to end at 7,943.

Close extra bank accounts

Close extra bank accounts

Rediff.com7 Jun 2013

Three or four accounts are enough for one family. Having more increases paperwork and can be misused as well.