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Equity indices subdued, IT and banking stocks dip
Updated : 5 years, 7 months ago IST
Mumbai (Maharashtra) [India], Aug 7 (ANI): Equity benchmark indices were flat during early hours on Friday on the back of mixed global cues and a slow start for Asian peers.
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Asset quality risks for banks, NBFCs remain elevated: ICRA
Updated : 5 years, 7 months ago IST
New Delhi [India], Aug 5 (ANI): A further deterioration in asset quality and the risks for banks and non-banking finance companies (NBFCs ) continue to remain high despite most of them reporting a decline in the loans under moratorium phase two (June to August 2020), rating agency ICRA said
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Equity indices gain 1 pc on global cues, metal stocks shine
Updated : 5 years, 7 months ago IST
Mumbai (Maharashtra) [India], Aug 5 (ANI): Equity benchmark indices were on upswing during early hours on Wednesday amid positive global cues with metal and banking stocks leading the rally.
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Sashidhar Jagdishan to replace Aditya Puri as HDFC Bank MD, CEO
Updated : 5 years, 7 months ago IST
Mumbai (Maharashtra) [India], August 4 (ANI): Private sector lender HDFC Bank said on Tuesday that Sashidhar Jagdishan will replace outgoing Managing Director Aditya Puri who will step down in October after a 26-year stint at the bank.
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RBI's stress test results indicate high risk to asset quality: Moody's
Updated : 5 years, 8 months ago IST
Singapore, July 30 (ANI): The Reserve Bank of India's recent financial stability report and results of banking system stress tests show that banks' gross non-performing assets will rise meaningfully under all four stress test scenarios with their common equity tier one ratio declining by one
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PM to interact with bank, NBFC stakeholders on Wednesday
Updated : 5 years, 8 months ago IST
New Delhi [India], July 28 (ANI): Prime Minister Narendra Modi will join stakeholders from banks and Non-Banking Financial Companies (NBFCs) to discuss and deliberate on vision and roadmap for the future on Wednesday evening.
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Equity indices edge lower, banking stocks underperform
Updated : 5 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 27 (ANI): Equity benchmark indices ended half a per cent lower on Monday due to profit booking in banking and financial stocks.
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Don't extend loan moratorium, able corporates not re-paying loans: Parekh
Updated : 5 years, 8 months ago IST
New Delhi [India], July 27 (ANI): Individuals and corporates having the ability to re-pay their loans are not doing so by taking advantage of the moratorium given by Reserve Bank of India (RBI), HDFC Chairman Deepak Parekh said on Monday.
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Equity indices in the red, pharma and banking scrips dip
Updated : 5 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 27 (ANI): Equity benchmark indices slipped during early hours on Monday mainly due to losses witnessed in pharma and banking stocks.
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Partha Pratim Sengupta appointed new MD, CEO of Indian Overseas Bank
Updated : 5 years, 8 months ago IST
Chennai (Tamil Nadu) [India], July 25 (ANI): Partha Pratim Sengupta, Deputy Managing Director and Chief Credit Officer at State Bank of India, has been appointed as the new Managing Director and Chief Executive Officer of Indian Overseas Bank.
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Five proposals worth Rs 3,090 cr sanctioned under Aatmanirbhar Bharat
Updated : 5 years, 8 months ago IST
New Delhi [India], July 25 (ANI): The Central government on Friday said that the Special Liquidity Scheme of Rs 30,000 cr for Non-Banking Financial Companies (NBFCs) and Housing Finance Companies (HFCs) is being implemented from July 1 this year as a follow up of one of the announcements
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Equity indices close flat, metal and banking stocks witness profit booking
Updated : 5 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 24 (ANI): Equity benchmark indices closed flat after a volatile trading session on Friday due to weakness in Asian peers and selling pressure witnessed in metal and banking stocks.
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