Some of the factors that might influence the markets on Monday are policy rate hikes by US Federal Reserve, the Bank of England and the report of the Reserve Bank of India that might come out next week on why it failed in maintaining the inflation mandate.
In the lender's statement, SBI said its net interest income grew 12.8 per cent to Rs 35,183 crore. Home loan portfolio grew 14 per cent to Rs 5.94 lakh crore and accounted for more than half its retail portfolio of Rs 10.7 lakh crore. It also said corporate loans surged 21 per cent year on y
"The Coronation of a new monarch is a unique moment for our country. In recognition of this historic occasion, I am pleased to announce an additional bank holiday for the whole United Kingdom next year," said UK PM Rishi Sunak.
Reserve Bank of India will hike the repo rate by 45 to 50 basis points, Punjab and Sind Bank Managing Director Swarup Kumar Saha on Saturday as the Bank of England has increased its interest rate. Punjab and Sind Bank is expecting a hike of 50 basis points in the Repo Rate.
"They got my house raided based on false FIR, searched bank lockers, but found nothing against me. Today, they conducted a raid at my PA's house and when they didn't find anything, they arrested him," he said.
Kozhikode (Kerala) [India], November 5 (ANI/NewsVoir): Kerala becomes the first state in India to launch uniform gold price based on the bank rate. The decision to introduce uniform price on 916 purity 22 carat gold has been taken at a meeting between officials of Malabar Gold and Diamonds,
New Delhi [India], November 5 (ANI/NewsVoir): Punjab National Bank, nation's leading public sector bank, is proud to announce its latest measures to strengthen vigilance management at the organization and promote a culture of honesty amongst its staff members. This initiative is a part of Vi
During a meeting on Friday, the RIL's board of directors, based on the recommendation of the human resources, nomination and remuneration committee, considered and recommended to shareholders for approval of the appointment.