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BusinessToday.In
May 22, 2018
The 30-share Sensex opened in the green and hit a high of 34,754.60, but witnessed bouts of volatility. It finally settled at 34,651.24, showing a gain of 35.11 points, or 0.10 per cent. The index had lost 940.58 points in the previous five sessions as investors rushed to unwind bets following post-poll instability in Karnataka amid discouraging global cues.


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.


www.businesstoday.in
May 22, 2018



BusinessToday.In
May 22, 2018
Rajnish Kumar, MD at SBI said major part of the bad loans have been accounted for in the quarter ending March 31, 2018.


www.businesstoday.in
May 22, 2018



www.businesstoday.in
May 22, 2018



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.


www.businesstoday.in
May 20, 2018



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 18, 2018



BusinessToday.In
May 18, 2018
Capital goods and auto sector stocks were the top sectoral losers on BSE. No let-up in selling by foreign funds and surging crude oil prices in global markets dragged down the key indices.


Mail Today Bureau
May 18, 2018
Finance Minister Piyush Goyal on Thursday assured all possible help from the government to strengthen the 11 public sector banks that have been placed under the RBI's 'Prompt Corrective Action' framework to check their deteriorating financial health.


BusinessToday.In
May 17, 2018
While Goyal's tenure as the Finance Minister is going to be ephemeral, the former chartered accountant turned investment banker has already set the ball rolling to improve the financial health of country's public sector banks.


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
Banking stocks led the losses with the BSE bankex falling 349 points or 1.17% to 29,357. 48 level. Bank Nifty too fell 291 points or 1.10% to 26,182 level.


www.businesstoday.in
May 16, 2018



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.


BusinessToday.In
May 16, 2018
10:41 am, the stock was trading 11.92% or 10 points lower to 75.75 level on BSE.  The stock fell to 74.30 level intra day to its fresh 52 week low on weak Q4 earnings.  The bank hit its 52 week high of 231.60 on October 26, 2017.  The stock started falling after the bank was hit by Rs 11,400-crore scam committed by Nirav Modi in February 2018.


BusinessToday.In
May 16, 2018
Banking stocks fell the most with the BSE bankex plunging 291 points to 29,415. BSE oil and gas index too slipped 132 points to 14,600 in early trade. On the Sensex, Hero MotoCorp (3.64%), ICICI Bank (2.60%) , and SBI (2.51%) were the top losers.


www.businesstoday.in
May 15, 2018



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