May 06, 2013 10:36 AM IST
Life Insurance Corporation, State Bank of India, Bank of Baroda, Punjab National Bank, Canara Bank, Tata AIG, Dhanlaxmi Bank, Indian Bank, IDBI Bank, Yes Bank, Federal Bank, Reliance Capital, Birla Sunlife are among those named by Cobrapost in the money laundering scam.
- May 02, 2013 07:39 PM IST
Indian Bank has revised its interest rates on foreign currency non-resident (banking) term deposits with immediate effect.
- Apr 16, 2013 04:46 PM IST
Kotak Securities has come with its March`13 quarterly earning estimates for banking & NBFCS sector. The research firm expects fresh slippages to remain stable QoQ with positive bias for banks under their coverage.
- Apr 16, 2013 04:43 PM IST
Motilal Oswal has come with its March`13 quarterly earning estimates for financial sector. The research firm expects reforms and monetary easing to continue, thereby growth is expected to revive gradually.
- Apr 11, 2013 06:41 PM IST
Angel Broking has come with its March`13 quarterly earning estimates for banking sector. The research firm expects private banks to report healthy earnings growth of 23.0 percent yoy, however, the PSU banks with expected earnings decline of 13.1 percent yoy, would drag the overall earnings performance (de-growth of 3.2 percent yoy).
- Mar 04, 2013 04:11 PM IST
Microsec has come out with its report on banking quarterly performance for Q3FY13. The research firm has recommended ICICI Bank, HDFC Bank, Yes Bank, Indian Bank, Andhra Bank and Corporation Bank as top picks in the sector.
- Mar 01, 2013 05:41 PM IST
Angel Broking has come out with its result review on banking sector for 3QFY2013. PSU banks would stand to gain the most from an eventual turn-around include SBI & PNB among the large-caps and United Bank, Corporation Bank and Indian Bank among the mid-caps, says the research firm.
- Feb 18, 2013 10:12 PM IST
The ministry of finance is set to fill up vacancies for the top job of nine individual state-owned lenders in 2013-14. It interviewed 18 executive directors of different banks on February 11. A batch of around 10 bankers has been shortlisted, sources in the banking industry told moneycontrol.com.
- Feb 15, 2013 09:34 PM IST
It was a volatile day on the Dalal Street as the markets turned around in late trade. Indices closed flat after a weak start. The Nifty closed just shy of 5,900 and the Sensex ended at 19,468.
- Feb 12, 2013 04:46 PM IST
Angel Broking is bullish on Indian Bank and has recommended buy rating on the stock with a target of Rs 221 in its February 08, 2013 research report.
- Feb 08, 2013 12:52 PM IST
India Ratings says that the widening mismatches in banks‘ funding will continue to put pressure on systemic liquidity and keep money market interest rates elevated.
- Feb 07, 2013 02:26 PM IST
Motilal Oswal is bullish on Indian Bank and has recommended buy rating on the stock with a target of Rs 250 in its February 6, 2013 research report.
- Feb 04, 2013 05:15 PM IST
Public sector Indian Bank today said it will cut its lending rate by 0.30 per cent to 10.20 per cent with effect from February 9, 2013.
- Feb 04, 2013 12:45 PM IST
Indian equity benchmarks continued to trade higher since morning trade, helped by financials (private). However, PSU banking space was completely on bear's radar after disappointing third quarter numbers on higher provisions.
- Feb 01, 2013 11:10 AM IST
Microsec is bullish on Indian Bank and has recommended buy rating on the stock with a target price of Rs 245 in its January 29, 2013 research report.
- Jan 18, 2013 06:00 PM IST
The 0.4 percent fall in Indian bank deposits in December has been pinned to various reasons including negative real interst rates and a preference for higher-yielding gold assets, all of which are "completely off the mark," says Bank of America Merrill Lynch.
- Jan 10, 2013 03:25 PM IST
Motilal Oswal has come with its December`12 quarterly earning estimates for banking sector. The research firm expects RBI to start cutting interest rates from 4QFY13.
- Jan 09, 2013 02:19 PM IST
Angel Broking has come with its December`12 quarterly earning estimates for banking sector. The research firm continues to prefer private banks, given their stronger capital adequacy and growth prospects as well as cyclically better asset quality profile, with Yes Bank, Axis Bank and ICICI Bank being top picks.
- Jan 09, 2013 01:36 PM IST
Mayuresh Joshi, Angel Broking is of the view that, LIC Housing Finance is looking interesting on declines. Within the midcap space United Phosphorus and Yes Bank have great potential.
- Jan 02, 2013 05:49 PM IST
Public sector lender Indian Bank has revised its interest rates on foreign currency non-resident (banking) deposits with immediate effect.
- Dec 12, 2012 08:20 PM IST
Banks' loan growth improved in the first two months of the second half of the fiscal year as demand from home loan and retail borrowers picked up
- Oct 25, 2012 12:45 PM IST
Firstcall Research is bullish on Indian Bank and has recommended buy rating on the stock with a target of Rs 206 in its October 22, 2012 research report.
- Oct 20, 2012 01:10 PM IST
Chennai-based public sector lender Indian Bank's second quarter (July-September) net profit rose at a slower pace of 6% year-on-year to nearly Rs 500 crore in 2012-13 on the back of deteriorating credit quality resulting in higher provisions against bad loans.
- Oct 13, 2012 03:39 PM IST
Motilal Oswal has come with its September quarterly earning estimates for Financials sector. According to the research firm, banking coverage universe is expected to report healthy PAT growth of 19% YoY, largely driven by 23% YoY profit growth from private sector banks.
- Sep 27, 2012 08:08 PM IST
T M Bhasin, Chairman and Managing Director of Indian Bank, has been appointed Deputy Chairman of of the Indian Banks Association (IBA), an apex body of public sector, private sector and foreign banks in the country