Aug 27, 2015 at 12:05 | Source: CNBC-TV18
Yogesh Radke, Head of Quantitative Research at Edelweiss Securities prefers Reliance Industries, State Bank of India and Bank of Baroda.
Aug 27, 2015 at 09:12 | Source: CNBC-TV18
PJ Nayak Report on Bank Reforms explains that the government, through newly conceptualised Bank Holding company, could sell its shares in PSU Banks.
Aug 26, 2015 at 17:30 | Source: Moneycontrol.com
CARE Ratings has come out with its study on banking sector, which covers 38 banks - 26 Public sector banks & 12 private sector banks. The rating agency estimates PSU banks NPA likely to increase by 30-40 bps and likely to be in the range of 5.2-5.3% by March 2016.
Aug 26, 2015 at 15:50 | Source: CNBC-TV18
The best time to invest, S Naren of ICICI Prudential says, is when there is blood on the dealing street and the recent correction in the market has provided that he adds.
Aug 26, 2015 at 11:49 | Source: CNBC-TV18
Sudarshan Sukhani of s2analytics.com recommends selling Oriental Bank of Commerce and feels that PSU banks remain a short selling idea.
Aug 26, 2015 at 11:35 | Source: CNBC-TV18
In an interview with CNBC-TV18, Deven Choksey, MD at KR Choksey Investment Managers says NBFCs, private sector banks and large cap PSU banks are more attractive right now.
Aug 26, 2015 at 10:37 | Source: CNBC-TV18
Anil Agarwal, Head of Research-Banks, Asia ex Japan, is more bullish on private sector banks as he expects earnings growth to be stronger in that space
Aug 24, 2015 at 14:13 | Source: Firstpost.com
If bad loans are blighting their assets, soon payment banks will be stealing their low-cost deposit bases, as State Bank Chairman Arundhati Bhattacharya said the other day. This means their cost of funds will rise as competition for funds gets sharper, making it even tougher for them to provide for bad loans through higher profitability.
Aug 24, 2015 at 11:54 | Source: PTI
The government is looking to raise about Rs 9,302 crore from sale of 24.28 crore shares in IOC through a one-day OFS route at a floor or minimum price of Rs 387 a piece.
Aug 21, 2015 at 15:44 | Source: PTI
The stake sale, the third disinvestment of the current fiscal, would fetch about Rs 53.48 crore to the exchequer. The issue got bids for 14.08 lakh shares as against 14 lakh shares on offer, representing 1.01 times as on 1425 hours.