Aug 27, 2015 at 16:42 | Source: Moneycontrol.com
Way2Wealth has come out with its pair trade strategy report. The research firm has recommended to buy PNB and sell Bank of Baroda, in its report dated August 27, 2015.
Aug 26, 2015 at 08:52 | Source: CNBC
"The PBoC has come across hesitant and reactive. Policy easing has followed rather than pre-empted the pullback in the economy as well as asset markets," said Vishnu Varathan, senior economist at Mizuho Bank.
Aug 25, 2015 at 21:41 | Source: PTI
The bank has also sought approval from government and RBI to increase the issued capital by raising additional equity share capital up to Rs 5,393 crore to the government, the filing said.
Aug 25, 2015 at 20:31 | Source: PTI
Stating that selling bad loans to ARCs is not the only way to recover bad loans, newly-appointed PNB managing director and chief executive Usha Ananthasubramanian said there are more innovative ways to deal with NPAs than an outright sale to ARCs.
Aug 24, 2015 at 21:59 | Source: PTI
The two lenders are among 13 public sector banks, including SBI, Punjab National Bank, Bank of Baroda, Canara Bank and IDBI, which will receive a total Rs 20,088 crore capital infusion by the government.
Aug 24, 2015 at 18:05 | Source: Moneycontrol.com
A lot of the stocks that have lost the most ground share characteristics: they belong to companies that are usually heavily-indebted, are in cyclical sectors that are yet to find any significant traction in the trudging-along economic recovery or are affected by the recent slump in crude prices.
Aug 24, 2015 at 12:08 | Source: PTI
The Governor also hinted at lower rates, saying the RBI will look at emerging room for more accommodation on the back of lower commodity prices, astute food management by the government and strong anti-inflation policy stance of the central bank.
Aug 21, 2015 at 09:21 | Source: PTI
"For any new network like payments banks, there will be an opportunity for us to grow our business and there could be some online sale opportunities through payments banks," SBI Life MD and Chief Executive Arijit Basu told PTI.
Aug 20, 2015 at 19:59 | Source: PTI
As per the guidelines, the selection to the top job in the PSBs would be from the existing pool of executive directors (EDs) or deputy managing directors (DMDs) in state-owned banks with a remaining service period of 2 years.
Aug 20, 2015 at 13:02 | Source: PTI
"We are very excited about it. We have our own strength in terms of ubiquity which we will be leveraging. We are going to induce digital technology. We are looking for partnership where it will be a win-win situation for all," M S Ramanujan, Member Banking, Postal Services Board told PTI.