TO ENSURE THAT the ‘bad bank’ mechanism proposed in the Budget takes off, the Finance Ministry is planning to provide a guarantee against security receipts to be issued by the …
Bank
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Net interest margin stood at 3.29% and was almost flat compared to 3.33% a year ago. Karur Vysya Bank (KVB) has reported a 133% increase in its profit for the …
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Analysts at Deutsche Bank and RBC Capital on Thursday raised their price targets on General Motors Co. GM, -3.69% stock after the auto maker reported fourth-quarter earnings well above Wall …
- Finance
BNY Mellon to offer bitcoin services, a validation of crypto from a key bank in the financial system
The Bank of New York Mellon on Wall Street, New York. Scott Mlyn | CNBC Bank of New York Mellon, the nation’s oldest bank, said Thursday that it will begin …
- Business
Stocks in focus: ITC, Titan, Magma Fincorp, SBI, PNB, Bank of India, Coal India, Ashok Leyland
Hong Kong’s Hang Seng index shed over half a per cent, while the Straits Times index in Singapore fell over 0.25 per cent. BSE Sensex and Nifty 50 are likely …
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After the Budget, the Nifty Bank has rallied by 17.96%, which is ahead of the Nifty’s rise of 10.8%. So far in 2021, the Nifty Bank has risen 15.3%, whereas …
- News
First Phase of India-China Disengagement in Ladakh to Conclude by Month End; India to Vacate 'Strategic Heights' in the South Bank Last: Sources
Top govt sources have told CNN-News18 that the first phase of disengagement currently underway in Pangong Tso in Ladakh will be complete in 15-20 days. The strategic heights India has …
- Business
TCS, ICICI Bank, other must-have stocks: Time to rejig investment portfolio post Budget 2021? INTERVIEW
Sandip Sabharwal also talks about the key sectors where investors can look for opportunities Union Budget 2021 largely focussed on the infrastructure sector, and no negative announcements fueled the rally …
- News
Parliament LIVE Updates: 'India will move to Finger 3 at northern bank of Pangong Tso,' says Rajanth Singh on standoff with China
Parliament LIVE Updates: Providing details about the disengagement process initiated at the southern and northern banks of Pangong Tso, the defence minister said that senior commanders from both sides will …
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The Nifty declined by 2.8 points (0.02%) to close at 15,106.5 while the Sensex fell 19.69 points (0.04%) to 51,309.39. Stocks ended flat for the second straight session on Wednesday …
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The interest income (NII) fell 9% on a y-o-y as well as sequential basis to Rs 3,739 crore. Bank of India registered a fivefold increase in net profit to Rs …
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SINGAPORE — Some Asian countries have bounced back from the economic pain of the coronavirus pandemic and that bodes well for the 2021 outlook, according to Piyush Gupta, the chief …
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RBI has never explicitly spelt out what the conditions for exiting the PCA framework are. IDBI Bank on Tuesday said it will be holding a board meeting on Friday to …
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Dhanlaxmi Bank had reported a net profit of Rs21.28 crore in the third quarter of last fiscal and Rs14.01 crore in the second quarter of FY21. Dhanlaxmi Bank on Tuesday …
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Zendure’s SuperTank power bank is $100 at Wellbots today, which is the lowest price we’ve seen that doesn’t require a coupon code. It will ship for free and is a …
- Business
Nifty surges 14 times since inception; RIL, SBI, HDFC Bank among 13 stocks in Nifty 50 since 1996
Motilal Oswal analysts say that Nifty’s journey from 1,107 to 2,000 was the most excruciating, as it took a total of 8.7 years. Image: Reuters BSE Sensex and Nifty 50 …
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N Kamakodi, MD & CEO Private sector lender City Union Bank (CUB) said the bank has identified accounts worth Rs 1,037 crore for restructuring during the fourth quarter of the …
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To start with, the ticket size would be at around Rs 3 lakh and will be enhanced depending on performance. Bank of Maharashtra on Monday said it has entered into …
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TAIPEI: Taiwan’s central bank on Sunday said it had banned Deutsche Bank from trading Taiwan dollar deliverable and non-deliverable forwards and suspended them for two years from trading forex derivatives …
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Amid speculation, both sides clarify development not linked to ECT deal. The Central Bank of Sri Lanka (CBSL) settled a $ 400 million currency swap facility from the Reserve Bank …
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Germany’s biggest bank said in US regulatory filings that Rosemary Vrablic and Dominic Scalzi were “permitted to resign” effective December 31 following allegations that they engaged in “undisclosed activities” tied …
- Finance
‘Expect double digit credit growth by Q2FY22’: Dinesh Kumar Khara, chairman, State Bank of India
I think at the end of the financial year 2021 (FY21), our credit growth should be around 7%. The country’s largest lender, State Bank of India (SBI), expects a double-digit …
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The lender’s Covid-related general contingency provisions stood at Rs 6,008 crore. State Bank of India (SBI) on Thursday reported a standalone net profit of Rs 5,196 crore for Q3FY21, down …
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[The stream is slated to start at 08:00 ET. Please refresh the page if you do not see a player above at that time.] Bank of England Governor Andrew Bailey …
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Image: Getty Images We’ve reached that point of the year again when it’s acceptable to place bets on Gatorade colors and call yourself a “casual” gambler. Right, sure. Lucky for …
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A Deutsche Bank AG flag flies outside the company’s office on Wall Street in New York. Mark Kauzlarich | Bloomberg | Getty Images Deutsche Bank on Thursday beat earnings expectations …