Feb 13, 2016 at 14:00 | Source: CNBC-TV18
The third quarter results of banking companies have brought into public a dirty secret that everyone knew. The large amount of non-performing loans (NPA) in the banking system.
Feb 13, 2016 at 12:50 | Source: PTI
The e-auction will be done under Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act, 2002.
Feb 13, 2016 at 09:34 | Source: Moneycontrol.com
In the banking space, ICICI Bank fell 0.08 percent at USD 5.46 and HDFC Bank jumped 1.28 percent at USD 55.23.
Feb 12, 2016 at 21:37 | Source: CNBC-TV18
On banks, Independent market expert Jyotivardhan Jaipuria says "Over the last one year, most of the banking stocks whether it is in India, Japan, China, Europe have underperformed by a massive margin."
Feb 12, 2016 at 18:52 | Source: PTI
Talking to reporters at the Finance Ministry a day after the stock market benchmark Sensex saw a massive 807-point plunge and rupee hit its 29-month low, Jaitley said the government will continue to pursue policies to support growth amid global slowdown.
Feb 12, 2016 at 08:18 | Source: Moneycontrol.com
Indian ADRs ended lower on Friday. HDFC Bank shed 3.11 percent and Tata Motors slipped 1.85 percent.
Feb 12, 2016 at 08:10 | Source: PTI
"Banks shall comply with the Indian Accounting Standards (Ind AS) for financial statements for accounting periods beginning from April 1, 2018 onwards, with comparatives for the periods ending March 31, 2018 or thereafter," RBI said in a notification.
Feb 12, 2016 at 08:02 | Source: CNBC-TV18
Sun Pharma | M&M | ONGC | Coal India | Wipro | Hero Motocorp | BHEL | Trent | J Kumar Infra | Mercator | SREI Infrastructure | Lanco Infratech | Liberty Shoes | ABG Shipyard | Unitech | Punjab & Sind Bank | NALCO | BGR Energy | Ajmera Realty | Amtek Auto | Pennar Engineering and Wockhardt are stocks, which are in the news today.
Feb 11, 2016 at 18:40 | Source: PTI
According to the draft, financial statements should disclose all material items such as those which can "individually or collectively, influence the economic decisions that users make on the basis of the financial statements".
Feb 11, 2016 at 17:58 | Source: PTI
Gross NPAs as a percentage to total advances rose significantly to 7.75 percent from 5.43 percent in the same quarter year ago.