-
Stocks to Watch, 26 August: Stocks like HDFC Bank, One 97 Communications Paytm, Vikram Solar, Patel Retail, Gem Aromatics, Shreeji Shipping Global, Sai Life Sciences, Protean eGOV Technologies, UCO Bank, and Suraj Estate will be in focus on August 26.
-
Despite Central Bank’s recent stake acquisition, Generali Central Insurance does not expect a significant near-term boost in business from bancassurance business, or insurance policies sold through the banking channel.
-
Stocks to Watch, 21 July: Stocks like Reliance Industries, HDFC Bank, ICICI Bank, JSW Steel, IDFC First Bank, Dr Reddy's Laboratories, IRCON International, Sona BLW Precision Forgings, Anthem Biosciences, and Spunweb Nonwoven will be in focus on July 21.
-
The bank’s asset quality showed improvement as gross non-performing assets (NPAs) declined to 3.13 per cent of gross advances at the end of the June quarter, from 4.54 per cent a year ago.
-
Stocks to Watch, 30 June: Stocks like Torrent Pharmaceuticals, JB Chemicals and Pharmaceuticals, Jyoti CNC Automation, BHEL, Alembic Pharma, Waaree Energies, Prestige Estates Projects, Bharti Airtel, Le Lavoir, Reliance Industries, and Hind Rectifiers will be in focus on June 30.
-
The transaction has already received the necessary regulatory clearances, including approval from the Reserve Bank of India (RBI)
-
The final decision on the FSIB recommendations will be taken by the Appointments Committee of the Cabinet headed by Prime Minister Narendra Modi.
-
Stocks to Watch, 29 Apr: Stocks like RPG Life Sciences, Adani Green Energy, Oberoi Realty, Fino Payments Bank, KFin Technologies, Plastiblends India, Hatsun Agro Product, AWL Agri Business, Adani Total Gas, Nippon Life India Asset Management, Firstsource Solutions, Go Digit General Insurance, and Greenply Industries will be in focus on April 29.
-
Looking ahead, the bank targets 12–14% business growth and aims to keep gross NPA below 3% and net NPA below 0.45%, alongside maintaining a NIM above 3% and ROA above 1%.
-
Stocks to Watch, 3 Apr: Stocks like South Indian Bank, ESAF Small Finance Bank, Hindustan Zinc, Punjab & Sind Bank, Central Bank of India, Elpro International, Authum Investment & Infrastructure, Reliance Industries, Caplin Point Laboratories, Hindustan Copper, Fortis Healthcare, and Identixweb will be in focus on April 3.
-
Stocks to Watch, Mar 25: Stocks like HCL Technologies, Central Bank of India, Punjab & Sind Bank, UCO Bank, Gujarat Narmada Valley Fertilizers & Chemicals, Brigade Enterprises, Wipro, TTK Prestige, Sterling and Wilson Renewable Energy, Hyundai Motor India, Cholamandalam Investment and Finance Company, and Britannia Industries will be in focus on March 25.
-
The partnership to offer seamless assisted banking services to the remotest parts of the country, says Vakrangee
-
On October 15, the CCI cleared Central Bank’s proposed acquisition of stakes in Future Generali India Insurance and Future Generali India Life Insurance.
-
Stocks like Aurobindo Pharma, Escorts Kubota, CESC, BSE, Mahindra Lifespace Developers, Cochin Shipyard, Protean eGov Technologies, VST Industries, Jyoti Structures, Central Bank of India, Prakash Industries, and Sterlite Technologies will also be in focus on November 25.
-
RBI has approved Central Bank of India's entry into the insurance business through a joint venture with Generali group.
-
The finance ministry is likely to seek approval of the federal cabinet in the coming months to dilute the stake in Central Bank of India, Indian Overseas Bank, UCO Bank, and Punjab and Sind Bank, the source said.
-
The market is expected to be rangebound as long as it defends last week’s low in the upcoming sessions. Below are some trading ideas for the near term.
-
KEI Industries, Madhya Bharat Agro Products, Alok Industries, Capri Global Capital, Power Finance Corporation, RailTel Corporation of India, HFCL, and Oil and Natural Gas Corporation will also be in action on October 16.
-
In August, Central Bank of India announced that it emerged as the successful bidder for the stake acquisition of debt-ridden Future Enterprises Ltd (FEL) in life and general insurance ventures.
-
The bank has been declared as the successful bidder by the Committee of Creditors (CoC) for the sale of Category 1 assets of FEL in Future Generali India Life Insurance Company Limited and Future Generali India Insurance Company Limited.
-
The company in the first quarter of the current financial year is expected to report assets under management (AUM) of Rs 5,600 crore
-
On sequential basis, net profit rises around 9 percent.
-
5paisa Capital, Bhansali Engineering Polymers, Plastiblends India, Geojit Financial Services, Marico, Rail Vikas Nigam, Jupiter Wagons, Zomato and Alembic Pharmaceuticals will also be in focus on Monday.
-
Bank of Maharashtra and Central Bank of India are looking to raise funds from institutional investors, in order to cut government stake and meet minimum public float.
-
In the reporting quarter, the bank has reported slippages of Rs 1,175 crore, as compared to Rs 643 crore in a quarter ago period.
