BoI's CEO Rajneesh Karnatak on penal interest impact and NIM outlook for FY25Penal interest also has gone out of the interest income and it has gone to the penal charges to the non-interest income, so that has also i...
Goldman Sachs buys 7.4 lakh shares in India Shelter Finance for Rs 56 crore via block dealGoldman Sachs bought 7.4 lakh shares in India Shelter Finance Corporation through a block deal at Rs 752.35 per share. Other buyers include...
Buy Ujjivan Small Finance Bank, target price Rs 20: ICICI SecuritiesUjjivan Small Finance Bank Ltd., incorporated in the year 2016, is a banking company (having a market cap of Rs 3024.55 Crore).
SBI loan restructuring 2.0: Terms, who is eligible, how to applyThe country's largest public sector lender, State Bank of India (SBI) has released the guidelines adopted by the bank with regard to implem...
How crowdfunding is transforming livesThe success of campaigns related to COVID causes launched by top Indian crowdfunding platforms proves their acceptance among the masses and...
5% of total bank loans could be restructured due to Covid: CARE RatingsAn earlier estimate by India Ratings had estimated that up to 7.7% or Rs 8.4 lakh crore of the total bank credit could get restructured or ...
Icra expects loan restructuring at 5-8% of overall banks loan book under new normsThe agency expects the proportion of loans under moratorium to decline to 10-15 per cent of the overall system wide loans by the end of the...
Canara Bank to seek board approval for fund raisingCEO LV Prabhakar said that the bank will raise the money through a mix of share sale to institutional investors, a perpetual bond and Tier ...
Icra downgrades YES Bank’s upper tier-II bonds to DThe rating agency said the downgrade on YES Bank’s bonds factors in the specific features of the instrument wherein the debt servicing is l...
Mothers’ struggle behind nod for ‘compassionate use’ drugsWhile the mothers waited for guidelines, seven of the 34 children chosen for compassionate use of the new drug, Risdiplam, passed away. “It...
Buy SBI, target price Rs 270: HDFC SecuritiesCurrent valuations and a strong deposit franchise underpins the brokerage stance.
More customers may opt for moratorium: IDFC First BankThe bank has provided 100% moratorium to select segments like rural financing.
Maruti, HUL, IHC among 10 stocks that analysts say can deliver gains in 2-3 weeksAnalysts are advising a prudent, stock-specific approach to maximise gains.
Punj Lloyd lenders conduct viability study for loan recastThe lenders are also said to be valuating a forensic audit of the company.
Raghuram Rajan has laid the groundwork for a financial market that can match those in the developed worldWhen Rajan became RBI governor nearly 3 years ago, the expectation was that he would unleash the capitalist thoughts of Chicago tradition o...
- Bank of India classifies Essar Steel as bad loan
The Ruia brothers backed Essar Steel is now a bad asset with Bank of India. According to the bank officials, the auditors have observed tha...
Hot stocks to buy in muhurat trade for smart returnsMuhurat trading session will be for 75 minutes today. We bring hot picks from leading brokers that can give sharp returns in 'Samvat' 2069.