The entire banking space seems to have revived and is seeing a catch-up move to the broader market
To make the loan restructuring scheme a success, the norms should be dynamic. They must be reviewed every quarter, keeping in mind how the economic scenario evolves
Lender plans to raise additional tier-I capital of Rs 1,500 crore each in second and third quarters of FY21
Canara Bank on Wednesday reported 23.5 per cent rise in standalone net profit at Rs 406.24 crore for June quarter 2020-21.
The bank will seek shareholders' nod at AGM to be held on August 10 through audio/visual means in view of the coronavirus pandemic
A number of public and private sector banks have outlined their capital raise plans for the fiscal to meet their growing business and regulatory requirements
With this revision, SBI's MCLR upto three-months tenor comes down to 6.65 per cent per annum
Overnight and one-month lending rates have been cut by 10 basis points to 7.20 per cent each
SBI, Jammu & Kashmir Bank, Punjab National Bank, Bank of Baroda, Canara Bank and Indian Bank were all up in the range of 7 per cent to 10 per cent on the NSE
The Central Bureau of Investigation (CBI) has registered a case against Punjab Basmati Rice Ltd for causing an alleged loss of Rs 174.89 crore (approximately) to the Canara Bank Chandigarh.
All that happened in the markets today
The bank's net interest income (NII) for reporting quarter declined by 9.35 per cent to Rs 3,319 crore
A total of 147 companies, including Apollo Hospitals, Ashok Leyland, and Bank of India are scheduled to announce their quarterly results today
Drop in NII adds to impact, lender plans to raise 6,000-8,000 cr in capital in FY21
The bank had registered a net loss of Rs 551.53 crore during the corresponding January-March 2019 quarter
All that happened in the markets today
The SGX Nifty, though, is trading with a slight cut and is indicating an open around 10,470 levels for the Nifty today
Action follows change in outlook on India's rating
The order is on the resolution plan for Aircel and its subsidiaries Dishnet Wireless and Aircel Cellular.
After India downgrade, agency reduces long-term deposit ratings of 11 banks