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PNB sells its stake in India Factoring for Rs 108 cr

The bank has offloaded its stake in IFFSL to parent promoter FIM Bank Malta last month

FII stake in ICICI Bank hits 6-year high

17 Apr 2014

FIIs increased their stake in ICICI Bank to 39.85% in March 2014 quarter from 38.39% in the quarter ended December 2013.

Bank of Maharashtra gains on hiking interest rates

17 Apr 2014

Ups base rate by 15 bps to 10.40 percent effective April 21.

HDFC Bank slips as MSCI trims weight

17 Apr 2014

The stock has underperformed the market by falling nearly 5% in the past five trading sessions compared to 0.86% fall in benchmark CNX Nifty.

IndusInd Bank's net profit up 29%

17 Apr 2014

Bank's core fee income grew 28% to Rs 442 cr in the fourth quarter

State Bank of India to review branch policy in metros

16 Apr 2014

Lender taking external help for study, with aim to optimise network and review location potentials, performance parameters

Bombay HC defers hearing on YES Bank case to April 29

15 Apr 2014

In the previous hearing the court had said that Rana Kapoor and Madhu Kapur should try and settle the dispute outside the court

DCB Bank Q4 net profit rises 14.7%

15 Apr 2014

Private lender's profit after tax for 2013-14 for April-March was at Rs 151 cr compared to Rs 102 cr a year earlier

SBI Bangalore Circle home loan sanctions up 20% in FY14

15 Apr 2014

The Bangalore Circle of State Bank of India (SBI), has crossed Rs 14,800 crore in home loans for 2013-14, showing a growth of 20% in sanctions ...

Gruh Finance hits record high on 1:1 bonus issue

15 Apr 2014

The board has also recommended a dividend of Rs 3 per share for the year ended March 31, 2014.

After SBI, other banks plan global bond issues

12 Apr 2014

IDBI Bank reportedly in discussion with bankers for floating one; BoB needs funds for foreign exchange requirements and repayments

CLB dismisses Kotak Mahindra Bank's mortgage plea against Nagarjuna Travels & Hotels

12 Apr 2014

The immovable assets of the company was mortgaged against loans of around Rs 100 crore sanctioned to Deccan Chronicle Holdings Ltd

State Bank mops up record $1.25 billion in overseas bond sale

11 Apr 2014

Nation's largest lender State Bank of India has mopped up USD 1.25 billion in overseas debt sale through a dual tranche bond programme, making ...

IndusInd Bank slides as FII investment limit hits trigger

11 Apr 2014

The stock is currently trading at Rs 496, down Rs 15 or 3%, on the BSE

Tech, financial arms help M&M shine

10 Apr 2014

Value of Tech Mahindra and M&M Financial Services in sum-of-the-parts valuations has multiplied substantially in recent years

SBI hits global debt markets, to raise up to $1 billion

10 Apr 2014

The nation's largest lender State Bank of India has hit the overseas bond market with a dual tranche benchmark issue of 5-year and 10-year ...

SBI hits nine month high

10 Apr 2014

In past two months, the stock has rallied 34% from Rs 1,514 on February 10, 2014 as against 12% rise in S&P BSE Sensex.

Banking shares in demand

09 Apr 2014

Bank of Baroda, South Indian Bank, Indian Bank and Oriental Bank have rallied more than 5% each on the BSE.

Nod to HDFC Bank to raise foreign investment limit may be delayed

09 Apr 2014

The government's approval to the proposal of HDFC Bank for raising overseas shareholding limit to 67.55 per cent may get delayed as Commerce and ...

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