RBI to announce next monetary policy review on 1 Dec
Nov 27, 2015 at 21:42 | Source:
Mumbai: Reserve Bank today said it will announce its fifth bimonthly monetary policy review on 1 December."The Reserve Bank of India will announce the Fifth bimonthly monetary policy review, 2015-16 on Tuesday, December 1, 2015 at 11 AM by way o...
Sensex rebounds from early lows to end 150 pts higher on bargain buying
Nov 16, 2015 at 16:59 | Source:
Indian shares recouped their lost ground in mid-morning trade to post strong gains in a highly volatile trading session on Monday, as bargain buying in frontline and mid-cap stocks after the recent rout drove key benchmark indices higher.Market exper...
Sensex tanks 256 pts, sinks to lowest level in two months
Nov 13, 2015 at 17:15 | Source:
Mumbai - After taking a day's breather in special trading session on Wednesday, the benchmark BSE Sensex today slipped by 256.42 points to a two-month low of 25,610.53on bearish macroeconomic data even as muted global cues continued to rile domestic ...
SBI books 25 pct Q2 profit rise as bad loans dip| Reuters
Nov 06, 2015 at 23:45 | Source:
MUMBAIState Bank of India, India's largest lender, beat expectations with a 25 percent rise in quarterly profit on Friday and a drop in its closely monitored bad debt ratio, predicting an improvement ahead.Analysts in the sector have been watching fo...
Banking Gamification: Cracking the next level
Nov 06, 2015 at 17:56 | Source:
By Rajashekara V MaiyaGamification has a strategic role to play in the digital banking era. As banks make the shift from enabling transactions to creating experiences, they can find in gamification a powerful tool to engage, educate, motivate and inf...
SBI Q2 net profit surges 25% to Rs 3,879 cr
Nov 06, 2015 at 15:28 | Source:
New Delhi: SBI today posted a 25 percent rise in stand-alone net profit at Rs 3,879.07 crore for the second quarter ended September.The country's largest bank had a stand-alone net profit of Rs 3,100.41 crore in the same quarter last year.Total incom...
Sensex sheds 109 pts on profit-taking; US Fed meet this week holds key
Oct 26, 2015 at 16:48 | Source:
Domestic equities ended weak in a mixed trading session on Monday, with investors resorting to profit-taking, mainly, in banking, oil & gas, metals and consumer durable shares even as all eyes will be on the Fed's rate-setting meeting schedul...
American Tower Corp close to buying 51% stake in Viom Networks
Oct 21, 2015 at 14:54 | Source:
Mumbai: American Tower Corp is set to buy a majority stake in India's Viom Networks, in a deal that could be announced on Wednesday, two sources directly involved in the negotiations said.American Tower would buy a 51% stake in Viom, which owns and o...
Sensex off to flying start, reclaims 27,000 in a 300 points rally
Oct 09, 2015 at 10:28 | Source:
Equity markets were off to a splendid start, helping Sensex breeze past the 27,000-mark in an over 300 points rally after the US Fed minute of the latest meeting revealed last night once again hinted the imminent rate hike may not happen soon in the ...