In the past two months alone, four companies have garnered a cumulative Rs 22,400 crore via this route
Results of SBI, ICICI Bank and Axis Bank indicate respite in formation of fresh bad loans; resolution and recoveries will be important for the trend to sustain
Axis Bank reported good numbers in the second quarter of FY20 even though the bank had a net loss of Rs 112 crore in the period
The bank suffered a net loss of Rs 112 crore for the quarter due to a Rs 2,138-crore one-off deferred tax asset
The private sector bank had posted a net profit of Rs 789.61 crore in the corresponding July-September quarter of the previous fiscal
The analysts would watch out for the management's commentary on "the stressed asset cropped up recently and delay or failure for resolution in the near term which could endure higher provisions
Technical Calls by Gaurav Garg, Head of Research at CapitalVia Global Research Limited- Investment Advisor
Trading in NBFC bonds slid to a five-month low of about Rs 75,520 in the secondary market in September, the lowest since April
The 200-day moving average (DMA) is one of the important indicators to ascertain buy or sell trends.
YES Bank, Bank of Baroda, SBI, IndusInd Bank, and RBL Bank are amongst the banks most prune to "high risk" emanating from Anil Dhirubhai Ambani Group (ADAG), Cox & Kings, CG Power, and DHFL
The QIP issuance was done at a price of Rs 629 per equity share at a tight discount of 1.44% over the closing price of the issue opening date
Some lenders like Yes Bank, Punjab National Bank, IDBI Bank, Bank of India, Indian Overseas Bank and Axis Bank are yet to release their portion
The private lender has said that the board will meet again on September 25 to approve QIP issue to investors
The comments come at a time when pushing up the sagging economic growth has become the biggest focus for the policymakers
Nifty outlook and top trading ideas by Vaishali Parekh, research analyst - technical research at Prabhudas Lilladher.
With additional challenges such as fresh stress, loan growth, and escalating costs, the sector faces a tough year ahead
The adjudication proceedings against Axis Bank were initiated after the regulator sent a show cause notice in June 2018 on observing violations of debenture trustee regulations
He has since steered the bank on to a conservative path, eschewing needless risks. He's been candid enough to admit that the exposure to infrastructure sector in the past proved to be an Achilles heel
It is taking proactive steps to address potential stress, though net NPA at 2.04% hasn't changed much sequentially
Net interest margin (NIM) stood at 3.40 per cent for the quarter, against 3.46 per cent in the year-ago period