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  • Sell Canara Bank, BoB: Sudarshan Sukhani Dec 03, 2015 04:30 PM IST

    Sell Canara Bank, BoB: Sudarshan Sukhani

    Sudarshan Sukhani of s2analytics.com is of the view that Canara Bank and Bank of India are short selling ideas.

  • Expect no negative asset quality surprises in Q3: Andhra Bk Dec 02, 2015 01:30 PM IST

    Expect no negative asset quality surprises in Q3: Andhra Bk

    In an interview to CNBC-TV18, SK Kalra, Executive Director, Andhra Bank, shares his views on the upcoming quarters and his outlook for the bank.

  • Gold Bond Scheme makes Rs 246 cr, RBI issues certificates Dec 01, 2015 09:39 PM IST

    Gold Bond Scheme makes Rs 246 cr, RBI issues certificates

    "First tranche of Sovereign Gold Bonds 2015-16 receives good response. Total subscription denominated in units of gold was 9,15,953 grams amounting to Rs 246 crore," RBI said.

  • Andhra Bank may hit Rs 71, says Prakash Gaba Nov 27, 2015 04:28 PM IST

    Andhra Bank may hit Rs 71, says Prakash Gaba

    According to Prakash Gaba of prakashgaba.com, Andhra Bank may hit Rs 71.

  • Avoid ICICI Bank, says Sukhani Nov 23, 2015 11:22 AM IST

    Avoid ICICI Bank, says Sukhani

    Sudarshan Sukhani of s2analytics.com is of the view that one may avoid ICICI Bank.

  • Expect 14% loan growth by year end: Andhra Bank Nov 23, 2015 11:00 AM IST

    Expect 14% loan growth by year end: Andhra Bank

    While there is no relief in the steel projects, stalled projects in the power-sector assets are seeing resumption in activity, says SK Kalra, ED of Andhra Bank

  • Buy PSU banking stocks, says Sukhani Nov 23, 2015 09:52 AM IST

    Buy PSU banking stocks, says Sukhani

    Sudarshan Sukhani of s2analytics.com advises buying PSU banking stocks.

  • Buy Andhra Bank; target of Rs 118: SPA Securities Nov 19, 2015 11:50 AM IST

    Buy Andhra Bank; target of Rs 118: SPA Securities

    SPA Securities is bullish on Andhra Bank and has recommended buy rating on the stock with a target of Rs 118 in its November 18, 2015 research report.

  • Prefer Axis Bank, says Sudarshan Sukhani Nov 18, 2015 11:23 AM IST

    Prefer Axis Bank, says Sudarshan Sukhani

    Sudarshan Sukhani of s2analytics.com is of the view that one may prefer Axis Bank.

  • Andhra Bank seeks to sell $209 mn worth bad loans to ARCs Nov 09, 2015 11:45 AM IST

    Andhra Bank seeks to sell $209 mn worth bad loans to ARCs

    Andhra Bank on Saturday reported a 74 percent increase in its second-quarter net profit to 2.51 billion rupees from a year earlier. Its gross bad loan ratio eased to 5.71 percent from 5.75 percent in the first quarter.

  • Andhra Bank Q2 net jumps 74% to Rs 251 crore Nov 09, 2015 09:49 AM IST

    Andhra Bank Q2 net jumps 74% to Rs 251 crore

    The bank's net profit during the same quarter last fiscal was Rs 144 crore. "Bank's total income increased by Rs 7.2 percent to Rs 4,744 crore during the quarter under discussion against Rs 4,424 crore in the second quarter of financial year 2015," Andhra Bank MD and Chief Executive Suresh N Patel told reporters here.

  • Tata Steel, IDFC, Cipla, JK Paper among top 10 stocks Nov 06, 2015 08:47 AM IST

    Tata Steel, IDFC, Cipla, JK Paper among top 10 stocks

    Stocks to watch out: UCO Bank, Punjab National Bank, Canara Bank, Andhra Bank, Rural Electrification Corporation, Tata Power Company, CESC, NTPC, JSW Energy, Power Grid Corporation of India, Tata Steel, IDFC, Polaris Consulting & Services, Cipla, JK Paper,Bharti Infratel, LIC Housing Finance.

  • Sell IRB Infra, PSU banks: Sudarshan Sukhani Nov 05, 2015 09:57 AM IST

    Sell IRB Infra, PSU banks: Sudarshan Sukhani

    Sudarshan Sukhani of s2analytics.com recommends selling IRB Infrastructure and also PSU banks including Andhra Bank.

  • Govt appoints MDs of four PSU banks Nov 03, 2015 03:46 PM IST

    Govt appoints MDs of four PSU banks

    The government has appointed MDs of four public lenders, including UCO Bank, Corporation Bank and Andhra Bank.

  • The forex scam is not the big threat for banks. This is... Oct 16, 2015 08:46 AM IST

    The forex scam is not the big threat for banks. This is...

    Bank stocks may take a stick from the market today, after the Enforcement Directorate said it was investigating a whole host of banks in a scam that involved funnelling out Rs 557 crore from the country.

  • Prefer Canara Bank, BoB, Andhra Bank, PNB: Sukhani Oct 08, 2015 09:42 AM IST

    Prefer Canara Bank, BoB, Andhra Bank, PNB: Sukhani

    Sudarshan Sukhani of s2analytics.com is of the view that one may prefer Canara Bank, Bank of Baroda, Andhra Bank and Punjab National Bank.

  • Bank of Maha gets nod to raise Rs 394 cr by equity shares Oct 07, 2015 11:34 AM IST

    Bank of Maha gets nod to raise Rs 394 cr by equity shares

    Last week, eight public sector banks, including SBI, Punjab National Bank and Bank of Baroda, had allotted equity shares on preferential basis to the government against capital infusion of Rs 13,955 crore.

  • RBI rate cut to boost realty demand: BofAML Oct 01, 2015 07:07 PM IST

    RBI rate cut to boost realty demand: BofAML

    "A 0.50 percent rate cut, if transmitted to mortgage rate, would be equivalent to 3-4 per cent reduction in housing prices," it said in a note, two days after RBI surprised with a 0.50 percent cut in repo rates.

  • Short Andhra Bank, says CA Rudramurthy BV Oct 01, 2015 05:15 PM IST

    Short Andhra Bank, says CA Rudramurthy BV

    CA Rudramurthy BV of Vachana Investments is of the view that one can short Andhra Bank with a target of Rs 62.

  • State lenders PNB, BoB, OBC cut base rate by up to 0.40% Sep 30, 2015 08:05 PM IST

    State lenders PNB, BoB, OBC cut base rate by up to 0.40%

    Punjab National Bank (PNB) cut the base rate by 0.40 percent, Bank of Baroda (BoB) by 0.25 percent, while Oriental Bank of Commerce (OBC) slashed the rate by 0.20 percent. "Base rate cut by 40 bps from 10 percent to 9.60 percent from October 1," PNB said in a statement.

  • State Bank of Travancore cuts base rate by 20 bps to 9.95% Sep 30, 2015 03:30 PM IST

    State Bank of Travancore cuts base rate by 20 bps to 9.95%

    The bank has cut its base rate from 10.15 percent to 9.95 percent effective October 5, 2015

  • State Bank Of Travancore cuts base rate by 20 bps to 9.95% Sep 30, 2015 02:23 PM IST

    State Bank Of Travancore cuts base rate by 20 bps to 9.95%

    The bank has cut its base rate from 10.15 percent to 9.95 percent effective October 5, 2015

  • UCO Bank cuts base rate by 25 bps to 9.70% Sep 30, 2015 01:55 PM IST

    UCO Bank cuts base rate by 25 bps to 9.70%

    Other than UCO Bank, State Bank of India, Bank of India, Andhra Bank and State Bank Of Travancore have also cut their base rates.

  • Bank of India cuts base rate by 25 bps to 9.70% Sep 29, 2015 09:24 PM IST

    Bank of India cuts base rate by 25 bps to 9.70%

    The RBI on Tuesday cut the benchmark repurchase (repo) rate from 7.25 percent to 6.75 percent, lowest in four-and-half-years.

  • Base rate calculation guidelines for banks by Nov-end: RBI Sep 29, 2015 05:17 PM IST

    Base rate calculation guidelines for banks by Nov-end: RBI

    To ensure effective transmission of its policy rate decisions by banks, the RBI on September 1 had proposed a uniform methodology for computation of their base lending rates on the basis of marginal cost of funds.

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