Jan 20, 2017 at 21:54 | Source: Reuters
India's biggest lender by assets, State Bank of India, could tap capital markets next fiscal year to raise up to USD1.5 billion, its chief said on Friday, though it first needs to complete a planned merger with its subsidiary banks.
Jan 20, 2017 at 19:58 | Source: PTI
The second tranche sale of government's exchange traded fund (ETF) of top 10 state-owned companies saw bids worth Rs 12,000 crore from investors, which is twice the amount sought to be raised.
Jan 20, 2017 at 19:17 | Source: CNBC-TV18
On the upcoming Budget, Arundhati Bhattacharya, chairman of SBI said that investment and consumption should get equal focus.
Jan 20, 2017 at 19:10 | Source: PTI
Public sector IDBI Bank has mopped up Rs 1,000 crore through private placement of Basel-III compliant bonds.
Jan 20, 2017 at 18:00 | Source: PTI
Dairy firm Kwality Ltd today said it has signed an agreement with Bank of Baroda for providing Rs 4,000 crore loans to the former's one lakh farmers from whom the company procures milk.
Jan 20, 2017 at 16:23 | Source: CNBC-TV18
Avinash Gorakshakar, Market Expert advises holding Canara Bank.
Jan 20, 2017 at 16:22 | Source: PTI
SBI associate State Bank of Bikaner & Jaipur's net profit fell sharply by 72 percent to Rs 57.84 crore in the quarter ended December 31, on mounting bad loans and fall in core income.
Jan 20, 2017 at 16:13 | Source: Moneycontrol.com
Union Bank of India has informed BSE that the Bank's Committee of Directors for raising of Capital Funds at its meeting held on January 20, 2017 has resolved and approved holding of the Extraordinary General Meeting of shareholders of the Bank on February 23, 2017.
Jan 20, 2017 at 14:37 | Source: Moneycontrol.com
Public sector lender Canara Bank's profit in October-December quarter increased 279 percent to Rs 322 crore compared with Rs 85 crore in year-ago period, but asset quality worsened further on sequential basis.
Jan 20, 2017 at 08:30 | Source: PTI
This is the part of Rs 7,575 crore capital infusion announced by the government in July last year. As per the announcement, the government released 75 per cent of the amount while the rest was withheld.