Today, a total of six companies, including YES Bank and Kansai Nerolac Paints, are set to declare their quarterly numbers
SBI, ICICI Bank, IndusInd downgraded; only HDFC Bank in 'buy' category
Reliance Industries Ltd witnessed a rise of Rs 31,506.3 crore to Rs 9,30,006.19 crore in its valuation
Affirms Issuer Default Ratings for seven banks including these four and Bank of India, Canara and PNB
The bank's slippages moderated significantly in March, but provisioning costs because of the coronavirus rose.
The weight of FMCG, software and pharma companies in Nifty now at 31.5% from 25.3% in December 2017
The Bank did not elaborate the extent of its exposure and the steps it is taking to protect its interest
According to news agency Reuters, the founder and director of Hin Leong Trading Pte (HLT), Asia's largest oil trader, directed the firm not to disclose these losses
The tankers, Wu Yi San and Chang Bai San, were carrying cargoes financed by ICICI, the source said, adding the bank had about $100 million exposure to HLT.
At present, traders are advised to keep following stock-specific approach
Most global markets surged as investor appetite for risk assets improved due to the progress of an experimental drug for treating covid-19 and on US's plan to reopen its economy.
All analysts are optimistic on the stock, which hasn't seen any downgrade so far
All analysts tracking it are optimistic on the stock, which hasn't seen any downgrade so far
The weak opening of the European markets and a sharp deprecation in the rupee against the dollar weighed on stock prices
Moody's revises outlook for ICICI Bank and Axis Bank to negative
Largest private sector lender HDFC Bank said it would encourage customers with adequate funds to continue repayments to avoid the extra interest charges and tenor extension of the loan
HDFC Bank has urged people to use cheque drop boxes to help reduce crowding in branches
Valuation of Reliance Industries Ltd (RIL) eroded by Rs 54,961.45 crore to Rs 6,46,732.07 crore and that of HDFC dropped by Rs 54,479.15 crore to Rs 3,03,722.13 crore.
The sudden economic stop caused by Covid-19 containment measures will lead to a global recession this year, bringing intense credit pressure, said S&P Global Ratings
According to the reconstruction scheme, 75 per cent of the total investment by the bank would be locked in for three years, ICICI Bank said