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Bank of Maharashtra
book profits
Posted by :
marketbearTracked by: 0 Boarder
Not all PSU bankd. Only frontline PSU banks like SBI,BOI lookst good...
In reply to:
book profits
Posted by :
pythagoras
But PSU Banking Stocks are a good BUY at current levels,as their privatization is on the cards.
book profits
Posted by :
Leave it.Tracked by: 0 Boarder
To pythagoras
Do you refer to privatisation or regrouping of existing PSU banks to make it a big and stronger? I read that some private banks are vulnerable for take over when more FIIs are allowed in banking sector? I solicit your clarification. Thanks.
V.Krishnamoorthy.
...
In reply to:
book profits
Posted by :
pythagoras
But PSU Banking Stocks are a good BUY at current levels,as their privatization is on the cards.
book profits
Posted by :
pythagorasTracked by: 0 Boarder
But PSU Banking Stocks are a good BUY at current levels,as their privatization is on the cards....
In reply to:
book profits
Posted by :
marketbear
banking stocks will fall after release of inflation data which can be above 12.50%
What IMF chief has observed..........
Posted by :
Leave it.Tracked by: 0 Boarder
Here in India bank strikes are over. Let us have look for what happens in big banks in the west. A view of IMF chief is given in Bus.Std. Here it is for the information of employees and public.:
'Large US banks may fail amid recession'
“The worst is yet to come in the US,” says IMF's former chief economist. The US housing slump has triggered more than $500 billion of credit market losses for banks globally.
Credit market turmoil has driven the US into a recession and may topple some of the nation’s biggest banks, said Kenneth Rogoff, former chief economist at the International Monetary Fund.
“The worst is yet to come in the US,” Rogoff said in an interview in Singapore today. “The financial sector needs to shrink; I don't think simply having a couple of medium-sized banks and a couple of small banks going under is going to do the job.”
The worst is yet to come is the caution as the world banking industry is interdependent.Once the inflation and recession steps in all banks are sailing in the same boat,to give concern for the Govt. and Public alike
v.krishnamoorthy
...
book profits
Posted by :
marketbearTracked by: 0 Boarder
banking stocks will fall after release of inflation data which can be above 12.50%...
NSE Announcements on Bank of Mah
Posted by :
MMB MessengerTracked by: 0 Boarder
Bank Of Maharashtra has informed the Exchange that the auditors have conducted the limited review of the Unaudited financial results for the quarter ended June 30, 2008. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). ...
NSE Announcements on Bank of Mah
Posted by :
MMB MessengerTracked by: 0 Boarder
Bank of Maharashtra has informed the Exchange regarding the standalone Results for the quarter ended on 30-JUN-2008 as follows: Interest earned of Rs. 99839 lacs for the quarter ending on 30-JUN-2008 against Rs. 81871 lacs for the quarter ending on 30-JUN-2007. Interest expended of Rs. 68118 lacs for the quarter ending on 30-JUN-2008 against Rs. 51224 lacs for the quarter ending on 30-JUN-2007. Net Profit / (Loss) of Rs. 4663 lacs for the quarter ending on 30-JUN-2008 against Rs. 8158 lacs for the quarter ending on 30-JUN-2007....
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