Indian indices fall 4%; gloom prevails in other global markets also after Trump's dire warning
Largest private sector lender HDFC Bank said it would encourage customers with adequate funds to continue repayments to avoid the extra interest charges and tenor extension of the loan
Valuation of Reliance Industries Ltd (RIL) eroded by Rs 54,961.45 crore to Rs 6,46,732.07 crore and that of HDFC dropped by Rs 54,479.15 crore to Rs 3,03,722.13 crore.
The fall in banking stocks has a huge bearing on the overall markets as the sector has the highest weighting in the benchmark indices
The YES Bank reconstruction plan will include an equity investment of at least Rs 11,350 crore from various entities, including multiple private lenders.
Hours after the Cabinet approved restructuring scheme for YES Bank, private lenders ICICI Bank, HDFC, Kotak Mahindra Bank and Axis Bank came to the cash-strapped bank's rescue
Promoters' voting rights would stand curtailed to 20% until March, and reduce further to 15% from April
Kotak said India lacks risk capital, and access to such capital will not come easily unless lenders, savers and investors trust firms
Private lender withdraws writ petition from Bombay High Court
From India Inc preparations for Brexit to Rahul Bajaj stepping down from executive role, Business Standard brings you the top 10 headlines for the day
One-time pension charge, higher provisioning impact profits
The value of MF holdings in in ICICI Bank increased by Rs 2,900 crore in December
The Chennai-headquartered mid-sized private sector bank has been headless since mid-September after the then chief executive Parathasarathy Mukherjee left before the completion of his three-year term
On a standalone level, which represents the banking operations, PBT at Rs 2,100.63 crore was up 20.6 per cent YoY, while net profit was up 51 per cent YoY to Rs 1,724.48 crore
At the standalone level, the bank reported a 33 per cent rise in net profit to Rs 1,360 crore from Rs 1,025 crore in the year-ago quarter
Total consolidated income rose 27 per cent year-on-year to Rs 13,823 crore
A division bench of Justice A S Oka and Justice M S Sanklecha was hearing a petition filed by the bank
Manian is currently working as the president - corporate, investment bank
Net NPA stood at 0.67% for the present quarter, against 0.94% in the year-ago quarter
The matter will be heard next on January 17, 2019