Banks Nosedive

Jan 20, 2017 at 16:22 | Source: PTI
SBI associate State Bank of Bikaner & Jaipur's net profit fell sharply by 72 percent to Rs 57.84 crore in the quarter ended December 31, on mounting bad loans and fall in core income.
Aug 08, 2016 at 07:38 | Source: PTI
Gross non-performing assets (NPAs) for the quarter almost doubled to Rs 14,137.27 crore, from Rs 7,237.59 crore a year earlier. Net NPAs also more than doubled to Rs 8,147.41 crore as against Rs 3,650.22 crore in the year-ago period.
May 07, 2016 at 16:42 | Source: PTI
According to a statement issued by the bank, total income in January-March grew 9 per cent to Rs 5,124 crore as against Rs 4,699 crore in the same quarter in 2014-15.
May 13, 2015 at 10:40 | Source:
Mutual Funds across categories plunged as the Stocks nosedived on Tuesday for the second time in less than a week, revealing the nervous mood in the market.
May 12, 2015 at 16:19 | Source:
Brokers said local traders were wary of buying at higher levels as foreign institutional investors do not appear too bullish at the moment.
Mar 09, 2015 at 14:00 | Source:
Sesa Sterlite, Hindalco, GAIL, ICICI Bank and Axis Bank were among laggards. HUL gained over 3 percent while Dr Reddy's Labs, Sun Pharma and Maruti were top gainers in the Sensex.
Aug 26, 2014 at 11:00 | Source:
Public sector lenders declined on concerns of asset quality due to their exposure to the coal mines deemed illegal by the Supreme Court. Credit Suisse said State Bank of India, Power Finance Corporation and Rural Electrification Corporation appear to have the highest exposure to these coal mines.
Mar 18, 2013 at 11:19 | Source:
No substantial recovery was seen in the market as Cyprus jitters continue to unnerve investors. The Sensex lost 155.09 points at 19272.47, while Nifty fell 43.75 points or at 5828.85.
Feb 28, 2013 at 16:04 | Source:
Equity indices crashed to fresh three-month lows Thursday, after the final Budget of UPA-II fell way short of market expectations. Brokers said the sell-off could have been aggravated because of derivatives expiry, and the liquidity problems being faced by some corporates and traders.
Dec 11, 2012 at 15:57 | Source:
Key equity benchmarks close slightly down, but way off the intra-day highs which saw the Sensex touching levels last seen 20 months and 23 months ago, respectively.
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