Dhanlaxmi Bank gets new MD & CEO via electronic voting Dhanlaxmi Bank said on Tuesday that the resolution to appoint JK Shivan as the next managing director and CEO of …
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Yes Bank’s stress pool aggravate fears around its asset quality YES BANK’S Q3FY21 earnings aggravate fears about its asset quality issues. The portfolio vulnerability becomes visible from, a spike in …
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Indonesia’s rupiah could rise further as billions of foreign funds return, says central bank governor
Indonesian rupiah notes. Adek Berry | AFP | Getty Images SINGAPORE — The Indonesian rupiah is expected to strengthen further against the U.S. dollar as foreign investors pile billions back …
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The lender, which is still under the Reserve Bank of India’s PCA framework, had posted a net profit of Rs 30.12 crore for the second quarter. UCO Bank on Monday …
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Stocks in focus: RIL, Yes Bank, Kotak Mahindra Bank, L&T, BPCL, Birla Corp, Apollo Hospital
According to the analysts, Indian share market is overvalued from the short- term perspective while at high levels, it is vulnerable to a correction. Nifty futures were trading 107 points …
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Graphic: Deadspin The NFL insisted on playing football for a season and now we get more chalk. So if it’s “normalcy” you seek in 2021, rejoice, you’ll see a lot …
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Hydrogen is set to play a major role in the global energy markets over the coming decades, supplanting a large chunk of oil demand, according to Bank of America’s head …
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Till the time stability returns, incremental disbursements will be limited in the state. Bandhan Bank’s deviation from its track record (of resilience better than peers) due to state-specific events in …
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Foreign portfolio investors have pumped in $3.2 billion in total so far in January. Widespread profit booking hammered stocks for the second straight session on Friday, with the Sensex tanking …
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Advances during the December quarter rose 1.7% sequentially to Rs 1.69 lakh crore. Yes Bank on Friday reported a net profit of Rs 151 crore for the December quarter (Q3FY21) …
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The bank made drastic improvement in its asset quality with gross NPA decreasing 365 bps to 9.04% of gross advances, from 12.69%, y-o-y. Chennai-headquartered public sector lender Indian Bank on …
- Finance
Bank of America is giving $750 cash bonuses to lower-paid employees, restricted stock to others
Brian Moynihan, CEO of Bank of America, at the Goldman Sachs U.S. Financial Services Conference on December 4, 2018. Michael Newberg | CNBC Bank of America CEO Brian Moynihan is …
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Stocks in focus: Reliance Industries, Yes Bank, JSPL, Bajaj Auto, Muthoot Finance, SBI Life, MCX
According to a technical analyst, below 14750/50185 levels, correction is likely to continue up to 14550-14500 /49500-49200 Nifty futures were trading 52.50 points or 0.36 per cent lower at 14591 …
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The asset quality is in good stead and pro-forma slippages are within guidance. Federal Bank (FB) has reported healthy financial performance in Q3FY21 led by – strong NII growth at …
- Finance
Interview | Collections in Assam to see short-term challenges, says Bandhan Bank MD Chandra Shekhar Ghosh
Chandra Shekhar Ghosh (File image) Bandhan Bank expects there would be challenges in the next two-three months in Assam after the lender witnessed a very sharp dip in the collection …
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Gold loans registered a growth of 67.26% YoY and 16% QoQ. Federal Bank on Wednesday reported an 8.3% year-on-year (Y-o-Y) decline in its third quarter net profit to Rs 404.10 …
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“The project achieved provisional commercial operations date (PCOD) in April 2018. As against planned financial progress of 100.00%, actual financial progress is 95.20% as on September 2018,” the rating note …
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Place your Joe Biden prop bets!Image: Getty Images We’ve got two and a half weeks till Super Bowl LV. Luckily, you don’t have to wait to place some prop bets. …
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Bank of New York Mellon (BK) – Get Report shares fell on Wednesday after the banking company reported declines in fourth-quarter earnings and revenue that stemmed from low interest rates. Net …
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TipRanks 2 Big Dividend Stocks Yielding at Least 10%; Here’s What You Need to Know Stock markets are up and holding near record high levels, a condition that would usually …
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Technical analyst says that the market is heading for 14580/49600 levels, which is a crucial hurdle point for the market. Nifty futures were trading 60.50 points or 0.42 per cent …
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However, had the bank classified borrower accounts as NPA after August 31, 2020, its proforma Gross NPA ratio and proforma Net NPA ratio would have been 3.42% and 1.93%, respectively, …
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The bank had issued an expression of interest (EoI) on November 3, 2020, inviting investors for a revival or reconstruction of PMC Bank. The administrator for Punjab & Maharashtra Co-operative …
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Bank of America (BAC) – Get Report posted stronger-than-expected fourth quarter earnings Tuesday as it joined Wall Street banking rivals in releasing millions in provisions previously set-aside to cover bad loans …
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Brian Moynihan, Bank of America, speaking at the WEF at Davos, January 21, 2020 CNBC Bank of America is scheduled to report fourth-quarter earnings before the opening bell on Tuesday. …
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Stocks in focus: Maruti Suzuki, Yes Bank, L&T Fin, Mindtree, PFC, ICICI Lombard, Alembic Pharma
According the market watchers, Indian stock markets are in overbought zone as Nifty 50 index closed the previous session with a P/E multiple of 38.92. Image: Reuters Nifty futures were …