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BNP PARIBUS
PSU banks may take a hit on margins as interest rates dipState-owned banks saw a 26% profit surge in FY25. However, net interest margins may face pressure this fiscal year. Banks like State Bank o...- BNP Paribas pushes out hope for consumption revival in India“There is a lack of meaningful catalysts for consumption to recover to its potential.”
- BNP Paribas beats fourth-quarter profit estimates, revises down 2020 outlookIt revised down its 2020 target for return on tangible equity - a measure of profitability
- This fund that beat 96% of peers bets on financial stocksIndia’s lending crisis isn’t over. And yet, the counts financial stocks as its biggest bet.
- More companies opt to settle serious cases under the new consent rulesIn case of simple violations, average settlement fee has gone up to ₹5 lakh from ₹2 lakh.
- BNP Paribus downgrades Bank of Baroda to 'Hold' from 'Buy'BNP Paribus has downgraded Bank of Baroda to HOLD from BUY as it has surpassed thier previous price target.
- Buy Glenmark for Rs 345 target: Geojit BNP Paribus Fin ServicesGlenmark still has some steam, and we have a price target of about Rs 345.
- IIFCL to raise $1b ECB as RBI ‘lifts’ the capIndia Infrastructure Finance Company (IIFCL), the government-owned special purpose vehicle (SPV), is set to raise $1 billion from multilate...
- Tatas' wait for Corus gets a bit longerCorus has postponed its EGM on the proposed takeover to allow CSN more time to submit a counter bid.
- Brazil’s CSN ready for ‘bidding war’The company has already raised $ 7.5b of non-recourse loan through Barclays, Goldman Sachs and BNP Paribus.
- Tata Steel board to meet on ThursdayTata Steel has called an unscheduled board meeting on Thursday to discuss the fallout of CSN’s 475 pence per share counter-bid for Anglo-Du...
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