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www.businesstoday.in
May 23, 2018



BusinessToday.In
May 23, 2018
\"With significant cleansing of the book largely behind, we expect provisioning expenses to decline sharply, while gradual pick -up in loan growth/margins is expected to further boost earnings. We raise our FY19/20E earnings by 36%/12% and revise our price target to  Rs 365 (1.5x FY20E ABV for bank). Maintain Buy, \" brokerage Motilal Oswal said in its report.


www.businesstoday.in
May 22, 2018



BusinessToday.In
May 22, 2018
The State Bank of India, the country's largest lender, reported a net loss for a second quarter back-to-back, and this time it is three times worse. In its Q4FY18 results, SBI reported a net loss of Rs 7,718 crore.


BusinessToday.In
New Delhi, May 21, 2018
he National Company Law Appellate Tribunal (NCLAT) today issued notices to Tata Steel, the resolution professional and the committee of creditors (CoC) of Bhushan Steel (BSL) on a petition filed by its promotor Neeraj Singal challenging the takeover last week.


BusinessToday.In
May 21, 2018
Among the banks that have accumulated a massive rise in bad loans are ICICI Bank, Axis Bank, HDFC Bank, Kotak Mahindra Bank, Federal Bank and Yes Bank.


PTI
May 20, 2018
PNB saw wilful defaults by big borrowers slipping further to Rs 15,199.57 crore in April this year over the previous month. Big wilful defaulters are categorised by PNB as those borrowers with loan outstanding of Rs 25 lakh and over.


www.businesstoday.in
May 20, 2018



PTI
May 20, 2018
In the first list of 12 accounts sent to NCLT for resolution under Insolvency and Bankruptcy Code, BoI's exposure was Rs 8300 crore. In the second list of 27 accounts, the exposure was Rs 3000 crore.


www.businesstoday.in
May 18, 2018



BusinessToday.In
May 18, 2018
The National Company Law Tribunal (NCLT) yesterday came down heavy on the Jaypee Group, accusing Jaiprakash Associates Ltd. (JAL) and its beleaguered subsidiary Jaypee Infratech (JIL) of \"fraudulent\" transactions.


www.businesstoday.in
May 17, 2018



BusinessToday.In
May 17, 2018
The market capitalisation of PNB Housing Finance stood at Rs 21,199.07 crore. The m-cap of Punjab National Bank was at Rs 20,842.33 crore. Market cap of RBL Bank stood at Rs 21,491 crore.


BusinessToday.In
May 16, 2018
At 3:17 pm, the stock was trading 12.30 percent lower at 43.85. The stock hit a fresh 52-week low of 43.60  or falling 12.80 percent intra day in trade today.  Shares of Syndicate Bank closed 2.82 per cent down at Rs 50 apiece on BSE on Tursday.


www.businesstoday.in
May 15, 2018



www.businesstoday.in
May 15, 2018



www.businesstoday.in
May 15, 2018



www.businesstoday.in
May 14, 2018



BusinessToday.In
May 14, 2018
The Sensex, after a better start at 35,555.83, advanced to hit a high of 35,642 amid positive cues from other Asian bourses. However, emergence of selling at every rise wiped off initial gains and the index finally settled 20.92 points, or 0.06 per cent higher at 35,556.


BusinessToday.In
May 14, 2018
The public sector lender has reported widening of its Q4 net loss to Rs 1,225.42 crore on mounting bad loans and higher provisioning to cover them. The net loss stood at Rs 575.26 crore in the January-March quarter of 2016-17.


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