A number of public and private sector banks have outlined their capital raise plans for the fiscal to meet their growing business and regulatory requirements
With this revision, SBI's MCLR upto three-months tenor comes down to 6.65 per cent per annum
Overnight and one-month lending rates have been cut by 10 basis points to 7.20 per cent each
SBI, Jammu & Kashmir Bank, Punjab National Bank, Bank of Baroda, Canara Bank and Indian Bank were all up in the range of 7 per cent to 10 per cent on the NSE
The Central Bureau of Investigation (CBI) has registered a case against Punjab Basmati Rice Ltd for causing an alleged loss of Rs 174.89 crore (approximately) to the Canara Bank Chandigarh.
All that happened in the markets today
The bank's net interest income (NII) for reporting quarter declined by 9.35 per cent to Rs 3,319 crore
A total of 147 companies, including Apollo Hospitals, Ashok Leyland, and Bank of India are scheduled to announce their quarterly results today
Drop in NII adds to impact, lender plans to raise 6,000-8,000 cr in capital in FY21
The bank had registered a net loss of Rs 551.53 crore during the corresponding January-March 2019 quarter
All that happened in the markets today
The SGX Nifty, though, is trading with a slight cut and is indicating an open around 10,470 levels for the Nifty today
Action follows change in outlook on India's rating
The order is on the resolution plan for Aircel and its subsidiaries Dishnet Wireless and Aircel Cellular.
After India downgrade, agency reduces long-term deposit ratings of 11 banks
Refinancing high-cost debt into low-cost debt is possible, thanks to the RBI's TLTROs
The banks together claimed over Rs 230 crore from the company, along with interest and other charges
On April 1, Punjab National Bank (PNB) took over Oriental Bank of Commerce (OBC) and United Bank of India (UBI) to become the country's second-largest lender after SBI in terms of business
SBI informed customers that in some cases, deferring 3 EMIs on a home loan may force the borrower to pay 8 more EMIs
Starting today, automobile companies will starting releasing sales numbers for March. According to a Business Standard report, these auto sales for the month could see a 50 per cent YoY