May 02, 2016 at 16:13 | Source: CNBC-TV18
Federal Bank's major challenge has been its restructured book. But it has come down to Rs 1500 crore in the fourth quarter of FY16 from Rs 2300 crore.
May 02, 2016 at 16:12 | Source: Moneycontrol.com
Shriram Asset Management Company Ltd has informed BSE that the designation of Mr. Dhruv Mehta has changed from Non - Executive and Independent Director to Non - Executive and Non - Independent Director w.e.f April 28, 2016.
May 02, 2016 at 13:55 | Source: Moneycontrol.com
State Bank of Travancore has informed that Shri Jeevandas Narayan, who was the Managing Director of the Bank under Section 25 (1) (aa) of the State Bank of India (Subsidiary Banks) Act, 1959 has ceased to be the Managing Director of the Bank from the close of business hours of April 30, 2016.
Apr 29, 2016 at 15:50 | Source: CNBC-TV18
Jyoti Ghosh, managing director at State Bank of Bikaner & Jaipur said as part of the asset quality review the bank focussed even on smaller accounts and managed to recover Rs 384 crore from about 91,000 accounts in FY16.
Apr 29, 2016 at 11:25 | Source: Moneycontrol.com
Red Ribbon Advisory Services (Red Ribbon), part of UK based Red Ribbon Asset Management Plc., today announced its partnership with Orbis Financial Corporation Limited (Orbis) for custodian and transaction settlement.
Apr 28, 2016 at 16:17 | Source: Moneycontrol.com
India should continue to benefit from the ongoing reform agenda. It still has very attractive characteristics and unlike many of the other Asian countries the levels of household leverage is quite low. The problem is that valuations are expensive. Upside is minimal, if at all, at current levels.
Apr 28, 2016 at 16:15 | Source: CNBC-TV18
Companies exposed to the rural sector have seen a solid run-up in the market bounceback that has been seen since the February lows but they may continue to perform well going forward well, says Nilesh Shah, MD of Kotak Asset Management.
Apr 28, 2016 at 11:53 | Source: PTI
"Religare Enterprises Limited (REL) has entered into a definitive agreement to divest its stake in Landmark Partners LLC, and certain of its subsidiaries. REL holds its stake in Landmark through its US-based step-down subsidiary, ReligareGlobal Asset Management Inc," the company said in a BSE filing.
Apr 28, 2016 at 09:12 | Source: CNBC-TV18
Geoff Lewis, Senior Strategist, Manulife Asset Management, tells CNBC-TV18, there could be a knee-jerk reaction in global markets to the GDP growth downgrade. However, the impact is likely to be limited because Japan has not contributed to the global economy for some time now.