Crisis of confidence after YES Bank bailout, high exposure to SME and attractive valuation of large banks to weigh on stocks
Reconstituted Board meets on March 26
According to ICRA's estimates, Rs 93,669 crore of AT-I bonds are outstanding as of now
It is tough if you are a PMC Bank depositor to be made aware now that you are not mainstream enough
Sebi has also introduced limits on open positions for going short or long in index derivatives
Contagion is common to epidemics and banking. Read on. Uddalok Bhattacharya sums up
The bank, however, could not hide its bad debt under the carpet for long as RBI auditors forced all banks to disclose their bad debts
I wonder even in the case of nationalised banks whether a 100 per cent repayment of deposits is guaranteed
Customers have the right to know their banks as much as the banks do their customers
Unless a resolution mechanism designed for a quick turnaround of stressed financial institutions is implemented, we will continue to lurch from one crisis to the next
Jet Airways' loan exposure to the crisis-ridden Yes Bank is about Rs 550 crore.
Agency concerned investigation may hit asset valuation, monetisation
Appointment is for two years; this is Gandhi's second stint in the same capacity
The former banker was arrested on March 8 by the ED under the provisions of Prevention of Money Laundering Act (PMLA) and was since in the probe agency's custody
With the past two days' decline, the market price of YES Bank has more than halved from the level of Rs 87.95 touched on Wednesday, March 18, in the intra-day trade.
The agency has also sent a second summons to Essel Group chairman and Rajya Sabha MP Subhash Chandra to appear before it on March 21
From ED asking Anil Ambani to appear again on March 30 to Ambanis raising personal shares in RIL, Business Standard brings to you the top headlines of the day
Ambani had been called by the ED in connection with an ongoing money laundering case against YES Bank co-founder Rana Kapoor
The banking services resumed at 6 pm on March 18, 2020, and customers were able to get full services by visiting the branches from March 19, 2020. The banking services resumed at 6 pm on March 18, 20
CRISIL has assigned 'A2' rating to the programme