Jul 28, 2016 at 14:21 | Source: CNBC-TV18
After a consistently dissapointing performance, the earnings numbers for Punjab National Bank (PNB) look better than expected, says Pankaj Sharma, Equirus Securities.
Jul 28, 2016 at 14:20 | Source: CNBC-TV18
In an interview to CNBC-TV18, Ananthasubramanian says the bank's savings deposits grew 14 percent year-on-year during the quarter. Also, the share of Current Account and Savings Account (CASA) funds has risen to 41.4 percent vs 38.9 percent on a YoY basis
Jul 28, 2016 at 12:41 | Source: Moneycontrol.com
Provisions for bad loans jumped 51.2 percent to Rs 2,738.4 crore in the quarter ended June 2016 compared with year-ago period but declined sharply 74 percent from Rs 10,485.2 crore in preceding period.
Jul 28, 2016 at 08:01 | Source: CNBC-TV18
Bharti Airtel | PNB | Sun Pharma | Tata Steel | Asian Paints | NHPC | L&T Infotech | MOIL | Mahindra & Mahindra | Torrent Pharma | Lumax Auto | Sagar Cements | Everest Industries and Indian Hume Pipe are stocks, which are in the news today.
Jul 27, 2016 at 18:51 | Source: CNBC-TV18
Key factors to watch out for would be slippages, net interest margin, recovery and upgradations for the quarter.
Jul 26, 2016 at 22:08 | Source: PTI
Indian firms had raised USD 3.16 billion from foreign markets in June 2015. In the previous month May 2016, the domestic firms had raised USD 1.32 billion from overseas markets.
Jul 26, 2016 at 13:36 | Source: CNBC-TV18
CA Rudramurthy BV of Vachana Investments is of the view that one can go long in Bank of India and Apollo Tyres while he feels that PNB may test Rs 145.
Jul 26, 2016 at 08:50 | Source: PTI
"The RBI has imposed a penalty of Rs 50 million on Bank of Baroda (BoB)... Pursuant to the internal audit of the Bank of Baroda, the Reserve Bank of India and investigative agencies in October 2015 were advised by the Bank of certain irregularities observed," BoB said in a BSE filing.
Jul 25, 2016 at 10:26 | Source: PTI
In 2010 when this entire re-engineering process started, 77 percent of the book was sourced from north. Today, it stands at 45 percent.
Jul 20, 2016 at 17:56 | Source: PTI
Government's decision to inject Rs 22,900 crore (USD 3.4 billion) into 13 public sector banks, including PNB, SBI and Bank of India, is supportive of the credit profiles of these lenders, it added.