RBL Bank share price lost 4.64% to Rs 355.90 compared to the previous close of Rs 373.25 on BSE

RBL Bank share price lost 4.64% to Rs 355.90 compared to the previous close of Rs 373.25 on BSE

Reliance Industries stock will remain in focus as RIL is seen as a major beneficiary after Jio announced tariff hike on Sunday.

YES Bank stock price opened with a gain of 2.78% today and then rose 5.78% to the day's high of Rs 74

The stock price of private sector lender has risen 8.75% in last two sessions

Government of Singapore, which is already a shareholder in Bajaj Finance, will now have close to 4 per cent equity shareholding in the company

YES Bank share price rose 34.97% to Rs 76.65 compared to the previous close of Rs 56.80 on BSE. On Nifty, YES Bank share price rose nearly 35% to Rs 78.70 against previous close of Rs 56.80

Axis Bank had announced the opening of its QIP last week after it was approved by the lender's shareholders through a postal ballot on August 21

Moody's said that the negative outlook reflects the risk of further deterioration in the YES Bank's solvency, funding or liquidity, as the bank continues to work through the asset quality issues and rebuilds its loss absorbing buffers

YES Bank share price fell over 7% on Wednesday after the private sector lender said its board would consider raising of funds by way of issuance of equity shares when it meets on August 30.

The bank managed to be in the black in the fourth quarter of the last fiscal by posting a bottom-line of Rs 95 crore, after reporting losses for seven straight quarters.

Yes Bank has embarked on a plan to generate $285 million (Rs 2,000 crore) by selling shares through a qualified institutional placement (QIP), the success of which will be crucial for the bank's survival, said people with knowledge of the matter.

The bank said it will create such number of equity shares and/or debt instruments on a private placement/public issue for investors for an amount not exceeding Rs 5,000 crore in one or more tranches

Allahabad Bank said that this is part of the bank's plan to raise equity capital aggregating up to Rs 4,000 crore this fiscal

The total equity issuance dipped by 63.8 per cent to Rs 16,038 crore from Rs 44,329 crore in May 2019, mainly on account of slowdown in the public and rights issues

Amid volatile trade, domestic equity benchmark indices, BSE Sensex & NSE Nifty snapped four-day losses and gained over 0.20 % each to close in the green today.Sensex ended higher by 85 points at 39,046, while Nifty rose 19 points to close at 11,691. Of 50 Nifty stocks , 32 closed higher and on Sensex, 20 ended in the green.On the sectoral front, except FMCG, Pharma, Media and Auto stocks, all other indices advanced on the closing bell, with maximum gains in IT, Metal and E...

Share Market LIVE: On the sectoral front, indices trading in the green are IT, FMCG, Auto, Metal, Infra and Pharma. In declining indices, PSU bank and Media tops the list with 1.40% decline each, followed by Financial services, Energy, Bank and Realty.

Central Bank will raise fund via follow-on public offer (FPO), rights issue or private placement including qualified institutions placements (QIP), subjected to shareholders approval in the ensuing annual general meeting to be held on June 28

Oriental Bank of Commerce board also approved the appointment of Ashwani Kumar as chief financial officer of the bank with effect from June 1, 2019