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Post Bank Of India

Aug 18, 2014 at 16:55 | Source: Moneycontrol.com
As the earnings season winds up and most of Indias notable corporates have posted their quarterly results updates, net profits were slightly ahead of estimates, according to projections by brokerage firm Kotak, but there was limited evidence of a meaningful upgrades to earnings.
Aug 13, 2014 at 12:00 | Source: Moneycontrol.com
Among midcaps, Engineers India dropped 12.16 percent (post Q1 earnings) followed by Syndicate Bank, Indian Overseas Bank, Den Networks and Unitech with 7-8 percent. However, Birla Corporation, Eicher Motors, Natco Pharma, JK Cement and Blue Dart gained 4-9 percent.
Aug 08, 2014 at 13:00 | Source: Moneycontrol.com
India's largest lender State Bank of India (SBI) surprised street with the first quarter (April-June) net profit rising 3.3 percent year-on-year to Rs 3,349 crore on higher net interest income though it was impacted by higher provisions, tax cost and lower other income. Net profit in the year-ago period was Rs 3,241.08 crore.
Aug 05, 2014 at 11:28 | Source: Moneycontrol.com
Acoording to Deutsche Bank, Q1 FY15 results were affected by new regulations and appeared weak but there were a few one-off adjustments. The brokerage says grid capacity shortages and congestion enabling a benign regulatory environment and capacity creation, with gross block doubling in three years may drive a 22 percent earnings.
Aug 03, 2014 at 18:44 | Source: PTI
The bank -- which has 10 retail branches, wealth management business apart from wholesale banking and brokerage unit in India -- said it posted a 60 per cent growth in net profit, but refused to share the absolute number.
Aug 01, 2014 at 13:47 | Source: Moneycontrol.com
Net interest income, the difference between interest earned and interest expended, rose by 10.9 percent on yearly basis to Rs 2,117 crore in the quarter ended June 2014. According to CNBC-TV18 poll estimates, analysts had expected the bank to report net profit of Rs 529 crore and net interest income of Rs 2,080 crore for the quarter.
Jul 28, 2014 at 10:00 | Source: Moneycontrol.com
Axis Bank rallied 2.5 percent post the stock's face value adjusted for 5:1 ratio. Punjab National Bank and Cairn India gained 2 percent each followed by HCL Technologies, Tata Motors, BHEL, Tata Motors, M&M and SBI with 1-1.7 percent.
Jul 22, 2014 at 17:15 | Source: CNBC-TV18
Reliance Industries and HDFC were the leaders in trade today, up 3 percent each in addition to 2-3 percent rally in previous session post first quarter earnings. Private sector lender HDFC Bank recouped its losses, up 1.4 percent while its rivals State Bank of India and ICICI Bank closed flat.
Jul 21, 2014 at 10:12 | Source: CNBC-TV18
IDFC has an outperform rating on HDFC Bank as it expects the lender to continue posting healthy earnings going ahead.
Jul 18, 2014 at 13:40 | Source: CNBC-TV18
Moneycontrol Boarder Manish posted a question on the moneycontrol messageboard. He wants to know if it is a good idea to bet on Muthoot Finance at the moment.
Messages on Post Bank Of India »

R Jagannathan

Platinum Member

1006 Followers

Just Posted  

by becoming lean. Similarly, why should the Post Bank of India, which certainly doesn’t need a licence from the RBI (100 percent government-owned institutions need no licences from the RBI, though they will be regulated by the RBI), be allowed to lend? The Post Office is a dependable institution for raising

2.11 PM Mar 24th

josekiss

Platinum Member

744 Followers

Banking & Financial Services - Sector  

on them in 2013-14. A bank will presumably soak up some of the excess staff. UQ bring out young and efficient staffs out of existing postal business and why not utilize them for post bank of India?

7.44 PM Apr 12th 2013

News Now  

yes of course post bank of India is a best idea ....

10.54 AM Mar 30th 2013

R Jagannathan

Platinum Member

1006 Followers

Banking & Financial Services - Sector  

If India Post can run a bank, so can anyone with land No matter how many times a bad idea is killed in India, it has a way of resurfacing in some form or the other. Despite being shelved several times over the last two decades, the idea of a Post Bank of India never dies a complete death

2.08 PM Mar 26th 2013

Business Talk  

the poor persons suffer from the formalities and other defects of banking system. That is why when an idea of Post bank of india arises all banks and new gen fools are against such idea

2.05 PM Mar 26th 2013

MMB Messenger

Platinum Member

241321 Followers

News Now  

Do you think a Post Bank of India is a good idea?

12.09 PM Mar 26th 2013

Web Messenger

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236166 Followers

Real Estate  

Source:firstpost - No matter how many times a bad idea is killed in India, it has a way of resurfacing in some form or the other. Despite being shelved several times over the last two decades, the idea of a Post Bank of India never dies a complete death. It is re-emerging, this time riding

11.39 AM Mar 26th 2013

SBEE

Platinum Member

563 Followers

L&T Finance  

. They have been working on this project for about a year plus now. The project is called POST BANK OF INDIA. What you fear wont happen. Some of the existing schemes will continue to be there. Some schemes may get eliminated and some may get modified a bit. Let me also add a little bit more. RBI may come

8.41 PM Feb 24th 2013

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Bank of India  

Source:The Hindu BusinessLine - The Department of Posts has issued request for proposals (RFP) to five top notch foreign consultancy firms for the proposed Post Bank of India project. The five short-listed firms are Accenture Services, Boston Consulting Group, Ernst Young, KPMG Advisory Services

10.08 AM Sep 11th 2012

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236166 Followers

Bank of India  

Source:The Hindu BusinessLine - New Delhi, May 1: Moving a step closer to setting up a banking business, the Department of Posts has started scouting for a consultancy firm to prepare a road map for the proposed ‘Post Bank of India` (PBI). The Department has already carried out a feasibility study

10.51 AM May 3rd 2012

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Nov 18, 2013 at 12:18 | Source: FirstPost
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