With the passage of Real Estate (Regulation & Development) Bill, Wood has added Prestige Estates in his Asia ex-Japan long-only portfolio and trimmed stake in RIL, Bharti Infratel
The government will now have to use the consolidation angle to bring out all that has been hidden under the carpet by the banks
Oriental Bank,IDBI Bank, Allahabad Bank, Indian Overseas Bank and Andhra Bank were down more than 1% each.
Fitch marked out addressing PSBs' asset quality and potential capital shortfalls as more immediate issues
RBI breather lets SBI, BoB capital adequacy ratios climb up by 100 basis points
Sinha said the crisis in the banking and financial system runs deep and noted delay on the part of banks to red-flag such cases
Jaitley welcomed RBI's easing of rules to allow lenders to bolster capital ratios
SBI, BOI, Indian Overseas Bank, Canara Bank, BOB and Allahabad Bank were up more than 2% each on the NSE.