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Rajiv Lall to be MD of IDFC's bank

A month and a half after the board of directors of IDFC nominated him as executive vice-chairman of its to-be-launched bank, Rajiv Lall has also ...

ICICI likely to place infra bonds up to Rs 3,000 cr with LIC

29 Jul 2014

Experts believe the money raised by the bank will be used to further grow its housing loan portfolio

Vijaya Bank net up 21.9% to Rs 161.46 crore in Q1

29 Jul 2014

The Bank plans to raise Rs 600 capital under Tier-I and Rs 500 crore under Tier-II

Can the elephants dance?

29 Jul 2014

The govt has put consolidation of PSU banks back on the table

SBM net profit up 44% to Rs 75 crore in Q1

29 Jul 2014

The bank plans to raise Rs 500 crore through a rights issue to augment Tier-I capital during the Q3

Bank of Baroda net profit rises 17% to Rs 1,362 crore

29 Jul 2014

Healthy interest income helps the PSU bank beat market expectations

Market rally throws buybacks off track

28 Jul 2014

Ongoing offers unlikely to succeed as shares trading above highest buyback prices

United Bank raises Rs 300 cr by selling shares to LIC

28 Jul 2014

The bank issued shares of face value of Rs 10 at a price of Rs 35.50 per share

Cholamandal Investment to raise Rs 500 crore

28 Jul 2014

Cholamandalam Investment and Finance Company Limited (Cholamandalam invest), Murugappa Group's NBFC arm, has got its Board's approval to raise ...

Over Rs 3,350-cr worth NPAs with Union Bank of India

28 Jul 2014

Union Bank of India has Non- Performing Assets (NPAs) worth about Rs 3,350 crore from 20 defaulters.

No proposal for merger of United Bank with IDBI Bank

28 Jul 2014

State-owned IDBI Bank today said it is not considering any proposal to merge Kolkata-based United Bank of India with itself.

Buybacks ignored as markets rally

28 Jul 2014

The rally in stocks on the back of a decisive election mandate is likely to throw buyback plans off-track.Shares of these companies have rallied ...

Axis Bank turns ex-stock split; stock gains 2%

28 Jul 2014

The bank fixed July 30, as record date for the purpose of sub division of the equity shares to Rs 2 from Rs 10.

Central Bank of India surge 9% on strong Q1 results

28 Jul 2014

Gross NPA in the quarter rose to 6.15% from 6.03% in the year ago period, but net NPAs declined to 3.62% from 3.85%.

IOB gets shareholders' nod to raise up to Rs 3,500 crore

27 Jul 2014

The bank to look at QIP and rights issue; plans to seek around Rs 1,200 cr from the govt

Central Bank to sell 4% stake to LIC for Rs 581 cr

27 Jul 2014

Central Bank of India has said it is in the process of selling 4% of its stake to Life Insurance Corporation through an institutional placement ...

Indian Overseas Bank Q1 net more than doubles

26 Jul 2014

Bank plans to raise Rs 3,500 cr via QIP, rights issue

Weekly update: Market retreats from record highs on profit-booking

26 Jul 2014

Markets were on a firm footing for the week ended July 25, supported by continuous buying from foreign institutional buyers and robust global ...

Profitability of PSBs under stress

26 Jul 2014

A rise in bad loans, higher provisioning and loss on sale of investments have dragged down their earnings growth

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