Feb 21, 2017 at 21:10 | Source: PTI
The Finance Ministry has not received any communication with regard to reported merger of Kotak Mahindra Bank and Axis Bank, a senior official said.
Feb 21, 2017 at 16:00 | Source: CNBC-TV18
Discussing the reports of Kotak Mahindra Bank approaching government for a possible merger with Axis Bank, SP Tulsian of sptulsian.com said that the government could be looking to divest its stake, as with IDBI Bank.
Feb 21, 2017 at 16:00 | Source: Moneycontrol.com
Axis Bank shares surged 5 percent. Kotak Mahindra Bank is learned to have approached the government seeking a merger with country's third largest private sector lender Axis, sources have told CNBC-TV18.
Feb 21, 2017 at 15:29 | Source: CNBC-TV18
The other banks including HDFC Bank, HDFC, ICICI Bank and IndusInd have approached the government informally expressing interest in picking up stake in Axis, according to sources.
Feb 21, 2017 at 14:00 | Source: Moneycontrol.com
Axis Bank surged 5 percent after sources told CNBC-TV18 that Kotak Mahindra Bank informally approached government seeking Axis Bank's hand.
Feb 21, 2017 at 13:00 | Source: Moneycontrol.com
The 30-share Sensex fell 44 points to 28616.63, while the Nifty fell around 11 points at 8867.95.
Feb 21, 2017 at 12:00 | Source: Moneycontrol.com
HDFC Bank and ITC dragged the Sensex lower as they were the top negative contributors to the Sensex, while ITC and Bharti Infratel were the top negative contributors on the Nifty.
Feb 21, 2017 at 10:27 | Source: Moneycontrol.com
Analysts feel price and quantum of buyback better, but challenges in business environment on the back of H1-B visa issue, clarity on client budgets to impact the stock.
Feb 21, 2017 at 08:01 | Source: CNBC-TV18
Infosys | Tata Power | Ambuja Cements | Siemens | Glenmark Pharma | Granules | Nestle | IDBI Bank | Mahindra & Mahindra | Indo Gulf | Gammon India | REC and Ashok Buildcon are stocks, which are in the news today.
Feb 20, 2017 at 09:48 | Source: Moneycontrol.com
Goldman Sachs says Kotak Mahindra Bank may outperform on improving growth prospects & top quartile EPS growth. Lending book is likely to grow at 25 percent hereon, it feels.