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  • PSB merger: Pvt banks market sh may spike in 3 yrs, says BoAML Jun 23, 2016 11:42 AM IST

    PSB merger: Pvt banks market sh may spike in 3 yrs, says BoAML

    BoAML also suggests that M&A should be at a pan-regional level instead of merging smaller banks across different regions, which could help create dominant regional franchises having stronger balance sheet and leverage within a region.

  • Stocks in news: InterGlobe, Britannia, IndusInd, Tata Comm, TCS Jun 21, 2016 08:01 AM IST

    Stocks in news: InterGlobe, Britannia, IndusInd, Tata Comm, TCS

    Jet Airways | SpiceJet | InterGlobe Aviation | Britannia Industries | Jubilant Foodworks | IndusInd Bank | Tata Communications | Nestle India | Tata Global | TCS | Reliance Communications | Apollo Hospitals | Quick Heal and GOL Offshore are stocks, which are in the news today.

  • Andhra Bank to raise Rs 1,000 cr from bonds Jun 20, 2016 09:30 PM IST

    Andhra Bank to raise Rs 1,000 cr from bonds

    State-owned Andhra Bank said it proposes to raise Rs 1,000 crore from bonds to fund expansion

  • Andhra Bank, PNB, Canara Bank to get astro support: Satish Gupta Jun 09, 2016 10:52 AM IST

    Andhra Bank, PNB, Canara Bank to get astro support: Satish Gupta

    According to Satish Gupta of astrostocktips, banks stocks like Andhra Bank, UBI, Canara Bank, PNB, Allahabad Bank, OBC and Bank of India will get astro support.

  • Andhra Bank plans to raise Rs 2,700 crore for current fiscal May 31, 2016 06:32 PM IST

    Andhra Bank plans to raise Rs 2,700 crore for current fiscal

    Public sector Andhra Bank said it plans to raise Rs 2,700 crore for 2016-17, as per the financial requirements of the fiscal

  • Andhra Bank net declines 15% at Rs 558 crore in 2015-16 May 30, 2016 09:32 PM IST

    Andhra Bank net declines 15% at Rs 558 crore in 2015-16

    Public sector Andhra Bank reported a consolidated net profit of Rs 557.99 crore for the fiscal ended March 2016, down 15 percent from a year ago on higher provisioning for bad loans

  • PSU banks install nearly 14,000 ATMs in FY16, miss target May 30, 2016 08:14 AM IST

    PSU banks install nearly 14,000 ATMs in FY16, miss target

    A total of 13,935 cash dispensing machines were installed by banks in the year ending March 31, 2016 against the target of 15,249 ATMs, according to the data on progress of installation of ATMs by 27 public sector banks.

  • HDFC among world's top 10 consumer financial services company May 27, 2016 02:50 PM IST

    HDFC among world's top 10 consumer financial services company

    Ranked 7th, HDFC is the only Indian company in top-ten in this category, where others include Capital One, Visa and MasterCard.

  • IndiaFirst Life expects 30% rise in premium in FY17 May 24, 2016 08:48 AM IST

    IndiaFirst Life expects 30% rise in premium in FY17

    IndiaFirst Life Insurance, the joint venture of Bank of Baroda, Andhra Bank and Legal & General, aims to achieve assets under management (AUM) target of Rs 10,000 crore in the current fiscal.

  • Andhra Bank to launch Bharat Bill Payment Service soon May 21, 2016 11:02 AM IST

    Andhra Bank to launch Bharat Bill Payment Service soon

    Andhra Bank will launch Bharat Bill Payment Service soon to enable customers make all utility bill payments

  • Pay I-T dues on time to avoid last-minute rush: RBI May 17, 2016 08:00 AM IST

    Pay I-T dues on time to avoid last-minute rush: RBI

    RBI has also designated 29 banks where people can pay their I-T advances besides accepting the dues at its own office.

  • SP Tulsian's views on Glenmark, NBFC space and PSUs May 13, 2016 06:23 PM IST

    SP Tulsian's views on Glenmark, NBFC space and PSUs

    SP Tulsian, sptulsian.com, shares his views on Glenmark, PSU bank stocks and why he is bearish on NBFC stocks.

  • Andhra Bank slips 3% on poor Q4 numbers May 09, 2016 11:37 AM IST

    Andhra Bank slips 3% on poor Q4 numbers

    The company's Q4 net profit was down 72.1 percent at Rs 65.8 crore against Rs 185.2 crore, in the same quarter last year (Y-o-Y).

  • Andhra Bank profit nosedives 72% in Q4 on NPA provisioning May 07, 2016 04:42 PM IST

    Andhra Bank profit nosedives 72% in Q4 on NPA provisioning

    According to a statement issued by the bank, total income in January-March grew 9 per cent to Rs 5,124 crore as against Rs 4,699 crore in the same quarter in 2014-15.

  • IndiaFirst Life eyeing 30% growth in retail business Apr 18, 2016 08:08 AM IST

    IndiaFirst Life eyeing 30% growth in retail business

    The target is lower than 38 percent growth achieved by the 3-way joint venture between Bank of Baroda, Andhra Bank and UK's Legal and General.

  • Dena Bank, Andhra Bank sell additional stake to LIC Mar 30, 2016 02:32 PM IST

    Dena Bank, Andhra Bank sell additional stake to LIC

    Post the acquisition of additional shares in Dena Bank, LIC's stake in the lender has gone up to 14.5 percent from 11.63 percent earlier, Dena Bank said in a regulatory filing today.

  • Stocks in news: Sun Pharma, BEL, JSPL, Majesco, Allahabad Bank Mar 30, 2016 08:01 AM IST

    Stocks in news: Sun Pharma, BEL, JSPL, Majesco, Allahabad Bank

    Sun Pharma | Bharat Electronics | Tata Steel | Jindal Steel & Power | Videocon | Arihant Superstructures | PNC Infratech | Ceat | Allahabad Bank | Central Bank of India | Rallis India | Unity Infra | Suzlon Energy | Piramal Enterprises | Majesco | Zee Entertainment and Adani Transmission are stocks, which are in the news today.

  • Govt to fill vacant post of chairman in 9 PSBs soon Mar 26, 2016 12:38 PM IST

    Govt to fill vacant post of chairman in 9 PSBs soon

    A senior Finance Ministry official told PTI that the process to fill vacancies of non-executive chairman in nine state-run banks is underway.

  • Stocks in news: Cadila, Edelweiss, Kalpataru, PNB Gilts, GVK Mar 23, 2016 08:17 AM IST

    Stocks in news: Cadila, Edelweiss, Kalpataru, PNB Gilts, GVK

    Cadila Healthcare | Edelweiss Financial | Triveni Engineering | Kilburn Engineering | Navin Fluorine | Alok Industries | Adani Transmission | Shree Renuka Sugars | Kalpataru Power | Texmaco Infra | HOEC | Gallant Ispat | GVK | Tata Motors | IDBI Bank | Mahaan Foods and PNB Gilts are stocks, which are in the news today.

  • Andhra Bank to raise Rs 136 cr by issuing shares to LIC Mar 22, 2016 08:56 AM IST

    Andhra Bank to raise Rs 136 cr by issuing shares to LIC

    The decision was taken at the Extra-Ordinary General Meeting of shareholders of the bank held.

  • Muthoot Microfin to divest 15% stake for 150 cr Mar 18, 2016 07:00 PM IST

    Muthoot Microfin to divest 15% stake for 150 cr

    The move is part of fully hiving-off the microfin arm from the holding company Muthoot Fincorp, which is the second largest gold loan firm in the country, over the next 20-22 months, he added.

  • Stocks in news: Sun Pharma, Crompton, United Spirits, DLF, HDIL Mar 11, 2016 08:02 AM IST

    Stocks in news: Sun Pharma, Crompton, United Spirits, DLF, HDIL

    Sun Pharma | Bank of Baroda | Crompton Greaves | Bharti Airtel | Aegis Logistics | United Spirits | DLF | HDIL | Godrej Properties | InterGlobe Aviation | Skipper | Zuari Industries | Ashok Leyland | Wipro | Technocraft Industries | Linde India and Andhra Bank are stocks, which are in the news today.

  • Hold Andhra Bank;target of Rs 47: Sharekhan Mar 04, 2016 12:44 PM IST

    Hold Andhra Bank;target of Rs 47: Sharekhan

    Sharekhan has recommended hold rating on Andhra Bank with a target price of Rs 47 in its research report dated February 25, 2016.

  • SBI, Indian Bank employees to participate in Feb 29 strike Feb 27, 2016 11:30 AM IST

    SBI, Indian Bank employees to participate in Feb 29 strike

    In a filing to the BSE, State Bank of India (SBI) said, "All India State Bank Officers' Federation (AISBOF) being affiliated to AIBOC, will also participate in the strike.

  • Andhra Bank to raise Rs 136 cr from LIC via preferential issue Feb 27, 2016 11:28 AM IST

    Andhra Bank to raise Rs 136 cr from LIC via preferential issue

    Public sector lender Andhra Bank will issue over 2.88 crore equity shares to LIC for a total consideration of Rs 136.5 crore.

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