IDBI Bank, Indian Overseas Bank, UCO Bank and Dena Bank have already come under the PCA initiated by the Reserve Bank, which is a noose-tightening on fresh loan disbursal as well as dividend distribution.
Central Bank of India has one of the highest exposures to the consumer durables and oil company at Rs 2,700 crore.
Central Bank of India will raise up to Rs 6,500 crore this fiscal through various means, including preferential issue or follow on public offer.
Ashwani Gujral of ashwanigujral.com suggests buying PC Jeweller, IndusInd Bank and Central Bank of India.
The trend indicates that there may be some more buying into the system in the coming session.
President Pranab Mukherjee picked up the lucky winners from the 100th draw of lots under digital payments promotion schemes at Rashtrapati Bhavan here.
Cipla | Tata Motors | Kotak Mahindra Bank | Tata Steel | Hero Motocorp | Infosys | Wockhardt | Vista Pharma | Kellton Tech | Dilip Buildcon | Nestle | Cadila Healthcare | Gujarat Fluorochemicals and DB Corp are stocks, which are in the news today.
State-owned Central Bank of India today said it has raised Rs 500 crore by allotting tier-II bonds to eligible investors
Domestic rating agency Icra today downgraded various debt instruments of Central Bank of India due to the continued losses it has incurred in the first nine month of the financial year 2016-17.
Tata Motors | Tech Mahindra | Coal India | Den Networks | South Indian Bank | Bombay Burmah | Jayaswal Neco | Videocon Industries | Jindal Poly | PNC Infratech | Bharat Electronics | Arfin and Jet Airways are stocks, which are in the news today.
As NPAs of public sector banks soared to a staggering Rs 6.8 lakh crore, the chairman of a key Parliamentary panel today favoured naming and shaming corporate houses which default on repayment of bank loans.
Prakash Gaba of prakashgaba.com is of the view that one can buy Escorts and Central Bank of India looks good while Indiabulls Housing Finance can slide to Rs 815.
IDBI Bank has acquired 32,30,00,000 shares from Jaiprakash Power Ventures in consideration of conversion of debt into equity under strategic debt restructuring, the company said in a BSE filing.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Hindalco Industries, Central Bank of India and Delta Corp.
The bank will offer an interest rate of 8.62 percent per annum to the bond holders, the bank said in a regulatory filing.
While Axis Bank clocked a net profit of Rs 579.57 crore for the three quarters ending December 31, 2016, 23 public sector banks managed a combined profit of Rs 492.53 crore.
The new Reserve Bank guidelines on Basel III-compliant additional tier-1 (AT-1) bonds has partially reduced the default risks for many state-run banks like Central Bank, IOB and United Bank, who had negative distributable reserves under the earlier guidelines will have positive reserves under the new norms, says an Icra report.
Infosys | TCS | Wipro | Canara Bank | Dr Reddy's Labs | Idea Cellular | Lupin | Emami | ACC | Jet Airways | Novartis India | Quick Heal | Indian Hotels | CARE | Gravita India | OBC | Divis Labs | J&K Bank | JK Cement and Grasim are stocks, which are in the news today.
"Total income has decreased to Rs 6,787.87 crore during the quarter against Rs 6,911.620 crore in the same quarter of the previous fiscal," the bank said in a regulatory filing.
Satish Gupta of astrostocktips is of the view that banking stocks like Union Bank of India, Bank of Baroda, Central Bank of India, UCO Bank and State Bank of India will get astro support.
Finance Minister Arun Jaitley announced an allocation of Rs 10,000 crore for ailing state banks in his Budget speech yesterday. While nimble, bigger lenders will have no complaints, smaller public sectors may not feel the same way.
Hindustan Unilever | HCL Technologies | PNB | HDFC Bank | Kotak Mahindra Bank | Bharti Airtel | Asian Paints | Manpasand Beverages | MOIL | Chennai Petroleum | L&T Infotech | Karnataka Bank | Bharti Infratel and Ashoka Buildcon are stocks, which are in the news today.
Public sector Central Bank of India will go for a premature buyback of 9.4 percent perpetual bonds worth Rs 500 crore.
ICICI Bank | SBI | Central Bank of India | Bank of Baroda | Siemens | DLF | Quess Corp | UPL | IRB Infrastructure | Axis Bank | IFCI | Lanco Infratech | Jagran Prakashan | Titagarh Wagons | Maithan Alloys | DB Realty | NMDC and Jaiprakash Power are stocks, which are in the news today.