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  • Govt infuses Rs 6,690 cr in nine PSBs in FY 2015

    The government has infused capital of Rs 1,260 crore in Bank of Baroda, Rs 870 crore in Punjab National Bank, Rs 570 crore in Canara Bank, Rs 460 crore in Syndicate Bank and Rs 140 crore in Dena Bank, the banks said in separate filings to BSE on Wednesday.

  • Nifty reclaims 6100; BSE Bankex up 1.5%, Tata Power slips

    BSE Bankex jumped 1.5 percent as country's largest lenders State Bank of India, ICICI Bank, HDFC Bank and Axis Bank surged between 1-1.7 percent. Housing finance company HDFC rose 1.76 percent.

  • Banks up 2-7% as RBI eases liquidity crunch, cuts MSF rates

    Banks cheered the move as the overnight borrowing rate dropped to 9 percent from 9.5 percent. YES Bank and IndusInd Bank gained the most among largecaps, rising 6-7 percent followed by Kotak Mahindra Bank and Axis Bank with 3.5 percent gains.

  • Banks shares in bull grip on measures by Raghuram Rajan

    After taking over as the 23rd Governor of the central bank, Raghuram Rajan laid out a detailed road map for his innings in the short term, which he called a "big initial package."

  • Banks on fire, SBI up 5%; bond yields dip 6% on RBI norms

    BSE Bankex rallied more than 5 percent to 11041.46, continuing previous day's upmove as country's largest lender State Bank of India gained over 5 percent. Private sector lenders ICICI Bank, HDFC Bank and Axis Bank were up 3-6.5 percent.

  • Is the worst over for PSU banking stocks?

    Bank stocks are usually the biggest reflection of economic reality. If things on the horizon look dicey, these are the first ones to feel pressure.

  • Listen in: Bears pull Nifty to 20-mnth low; sectors in red

    Reacting to European credit crisis and choppiness in the rupee, the Nifty decisively breached the 4,700 mark today and the Sensex slipped 385 points to 15,679.

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