According to annual reports of various banks, SBI chairman Arundhati Bhattacharya took home Rs 28.96 lakh last fiscal, which is pittance when compared to remuneration her counterparts in private banks receive.
Ashwani Gujral of ashwanigujral.com recommends buying Reliance Capital and ICICI Bank and advises selling Indo Count Industries.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy HCL Technologies and can sell Power Finance Corporation and L&T Finance Holdings.
Joint Lenders Forum of 23 lenders approved the sale of Essar Oil's Gujarat refinery to Russia's Rosneft & Trafigura-UCP consortium.
Ashwani Gujral of ashwanigujral.com is of the view that Balkrishna Industries is the best tyre stock and may test Rs 1900 while RIL will probably move sideways around Rs 1,340-1,350 zone.
Banks have outstanding loans worth Rs 45,000 crore to Essar Steel, Rs 47,000 crore to Bhushan Steel, and Rs 11,000 crore to Electrosteel Steels.
The record date for issue of bonus shares is fixed as June 21.
Mayuresh Joshi of Angel Broking is of the view that one may buy Carborundum Universal on declines.
Some quality names in IT and pharma are available at appealing valuations which are attracting smart money into these stocks.
As much as 60 percent of the earnings are either got to do with global commodity stocks or global commodity companies.
The total category wise asset under management (AUM) of the mutual fund (MF) industry slipped by 1.2 percent or Rs 22,327 crore to Rs 19.03 lakh crore for the month of May 2017, but equity funds saw an increase of 2.7 percent in the same period.
Country's largest private sector lender ICICI Bank today said it is planning to raise fund by issuing long-term bonds.
Top three gainers in the private banking space include names like ICICI Bank, Kotak Mahindra Bank, and HDFC Bank which saw huge buying interest by fund managers in the month of May.
Brokerage house believes as the liquidation or resolutions take place over 6-9 months, need for additional capital at corporate lenders and only ICICI Bank will not need further dilution for these haircuts.
If all the 12 accounts are resolved with 60 percent haircuts, CLSA sees 8 percent upside to FY19 adjusted net worth.
Mitessh Thakkar of mitesshthakkar.com suggests selling RBL Bank, Zee Entertainment and advises buying Cholamandalam Investment and Dabur India.
"The authorised capital of the company shall be Rs 2,500 crore divided in to 1000 crore equity shares of Rs 2 each, Rs 150,00,000 shares of Rs 100 each and 350 shares of Rs 100,00,000 crore each with rights privileges and conditions attached thereto...," the company said in a regulatory filing.
As at the end of April, HDFC Bank has the largest number of credit cards in the industry at 87 lakh followed by SBI at 46.8 lakh and ICICI Bank at 42.8 lakh cards.
Rajat Bose of rajatkbose.com advises holding ICICI Bank.
Sharmila Joshi of sharmilajoshi.com is of the view that one may hold ICICI Bank.
State Bank of India (SBI), country’s largest lender cut interest rate on home loans above Rs 75 lakh by 10 basis points (bps) to 8.60 percent.
CNBC-TV18's Anisha Jain lists out stocks that you should focus on.
The March quarter results suggest earnings recovery gathering pace while overall MSCI India 4Q results came largely in-line with consensus.
Ashwani Gujral of ashwanigujral.com bets on financials and avoid IT and pharma stocks. Buy JSPL and sell TCs and HDIL," he adds.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Can Fin Homes, Coromandel International and Aurobindo Pharma.