A sharp slowdown in India’s economic growth exacerbated by the COVID-19 outbreak will hurt public sector banks’ (PSBs) asset quality, and result in sharp increases in credit costs, hurting profitability, according to Moody’s Investors Service. This will lead to a depletion of the already weak capital buffers of the PSBs, […]
Banking & Business
Domestic equity benchmark Sensex jumped 214 points on Friday, led by buying in index-heavyweights HDFC twins and Asian Paints amid a rebound in global markets. After rallying 359 points during the day, the 30-share BSE index ended 214.33 points or 0.56 per cent higher at 38,434.72. The NSE Nifty rose […]
मुम्बई। भारतीय शेयर बाजार में पी-नोट्स के जरिए जुलाई 2020 माह में 63000 करोड़ रुपये से अधिक का निवेश हुआ है।भारतीय शेयर बाजार की नियामक संस्था, भारतीय प्रतिभूति और विनिमय बोर्ड (सेबी) द्वारा शुक्रवार को जारी आंकड़ों के मुताबिक शेयर, बांड, हाइब्रिड सिक्योरिटीज और डेरिवेटिव्स समेत भारतीय पूंजी। बाजार में […]
Union Bank of India announced its quarterly results on August 21, 2020. Total Income grew by 101.2% yoy to Rs19,891.26cr in Q1FY21 from Rs9,887.14cr in Q1FY20. Net interest income (NII) stood at Rs6,403.19cr which witnessed a growth of 154.3% yoy, as against Rs2,518.19cr it reported in Q1FY20. Operating profit for […]
April 14, 2015 Dear All Welcome to the refurbished site of the Reserve Bank of India. The two most important features of the site are: One, in addition to the default site, the refurbished site also has […]
The government did infuse almost Rs 2.7 lakh crore between fiscal 2017-2020 but the pandemic might force the government to infuse more capital to keep public lenders healthy. Public sector lenders need to raise as much as Rs 2.1 lakh crore in external capital over the next two years to […]
Amitabh Chaudhry, CEO of Axis Bank, shortly after raising Rs 10000 crore through a Qualifed Institutional Placement (QIP) said the funds would mainly serve as confidence capital. The head of the private lender however hoped, citing the fundraise conducted in September 2019 of Rs 12500 crore to fund growth, that […]
Hindi News Business BSE NSE Sensex Today | Stock Market Latest Update: August 21 Share Market, Trade BSE, Nifty, Sensex Live News Updates मुंबई7 मिनट पहले कॉपी लिंक बीएसई 0.56% ऊपर 38,434 अंकों पर बंद निफ्टी 0.53% ऊपर 11,371 अंकों पर रहा शुक्रवार को कारोबार के आखिरी दिन बीएसई 214.33 […]
NEW DELHI: A court has agreed to hear a petition by the nation’s largest lender seeking to initiate personal bankruptcy against tycoon Anil Ambani after the former billionaire failed to repay debt. A two-member panel of the National Company Law Tribunal, or NCLT, in Mumbai has appointed a bankruptcy administrator […]
The Indian benchmark stock indices are up this morning on positive global cues. The RBI Governor has defended the central bank’s decision to not go all-out in using monetary instruments to tackle the economic crisis. Join us as we follow the top business news through the day. 1:30 PM Silver […]