Oct 26, 2016 at 15:18 | Source: Moneycontrol.com
Public sector lender Canara Bank's second quarter earnings met analysts' expectations on Wednesday. Performance on yearly basis continued to be weak but the bank improved it on sequential basis. Profit fell 32.5 percent year-on-year to Rs 356.91 crore on higher provisions but increased 56 percent quarter-on-quarter.
Oct 26, 2016 at 14:53 | Source: CNBC-TV18
Worst seems to be over for Canara Bank in terms of stress on books and profitability will be better during the second half of the year, says MD & CEO Rakesh Sharma.
Oct 26, 2016 at 13:25 | Source: Moneycontrol.com
Public sector lender Syndicate Bank's profit in July-September quarter fell sharply by 75.2 percent year-on-year to Rs 82.4 crore on higher provisions and lower operating profit & tax cost but asset quality was stable.
Oct 26, 2016 at 12:28 | Source: CNBC-TV18
How each business of the group is managed and run is more important for investors, says Arora. Its best to avoid any speculation and focus on fundamentals and the facts that are known.
Oct 26, 2016 at 12:03 | Source: CNBC-TV18
Private sector lender Karur Vysya Bank's second quarter profit is seen rising 7.9 percent year-on-year to Rs 153.4 crore and net interest income may grow 12.2 percent to Rs 490.9 crore, according to analysts polled by CNBC-TV18.
Oct 26, 2016 at 10:32 | Source: CNBC-TV18
Public sector lender Canara Bank's second quarter profit is seen falling 39.5 percent year-on-year to Rs 320 crore and net interest income is likely to slip 7.3 percent to Rs 2,452.7 crore, according to analysts polled by CNBC-TV18.
Oct 26, 2016 at 08:22 | Source: Moneycontrol.com
In the banking space, ICICI Bank was down 0.16 percent at USD 8.54 and HDFC Bank dipped 2,07 percent at USD 70.34.
Oct 26, 2016 at 08:00 | Source: CNBC-TV18
ITC | HUL | HDFC | Hero Motocorp | Bharti Airtel | Axis Bank | Ashok Leyland | Asian Paints | Shemaroo | IFB Agro | IDFC Bank | KSB Pumps | MCX | State Bank Of Mysore | Crompton Consumer | Bharat Bijlee and PI Industries are stocks, which are in the news today.
Oct 26, 2016 at 07:50 | Source: Moneycontrol.com
Stocks that will be in focus today are Bharti Airtel after positing stable Q2. Axis bank's second quarter numbers disappointed, as provision zoomed and bad loans ballooned, gross NPAs surged to a 5-year high.
Oct 26, 2016 at 07:24 | Source: PTI
BMPS, the world's oldest bank still operating today, unveiled the overhaul as it posted a net loss of 1.15 billion euros (USD 1.3 billion) in the third quarter, sparking volatile trading in its shares.