Based on the divergence assessed by RBI in provisioning for bad loans, PNB said it would have reported a net loss of Rs 11,335.90 crore for FY19 as opposed to a net loss of Rs 9,975.49 crore

Rajeev Jain has achieved growth by doing more business with existing customers and focusing on risk

Economists and analysts see a slow and arduous economic revival from here. But some say it can be accelerated

Share Market Today: Sensex ended 172 points higher at 40,412 and Nifty rose 53 points to 11,910.

Due to divergence in reporting of bad loans, SBI has to make additional provisioning of Rs 12,036 crore in the balance sheet. As a result, the adjusted net loss of the bank would be at Rs 6,968 crore instead of its reported profit of Rs 862 crore for FY19

State-run lenders had posted aggregate operating profits during 2017-18 and 2018-19 of Rs 1,55,603 crore and Rs 1,53,871 crore respectively

PSBs had posted huge losses in 2017-18 and 2018-19 financial years due to heavy provisioning for non-performing assets and other contingencies, said Minister of State for Finance Anurag Singh Thakur in Parliament

Rajeev Singhal, MD, Tata Steel BSL, says that the results of financial year 2018-19 are a testimony to the overall improvement the company has been able to achieve in a short period of time

Insolvency and Bankruptcy Rules of 2019 would help but more needs to be done: tighter RBI control and supervision, infusion of long-term funds (including capital) and reduction in mismatch in assets and liabilities

Irrespective of resolutions, companies going through the insolvency process are seeing large number of direct and indirect job losses

Why the Sensex is on fire even as the economy hurtles downhill

CSB Bank IPO: Price band for the IPO has been fixed at Rs 193-195 per share

Co-operative sector banks, particularly the urban co-operative banks (UCBs), are falling apart slowly but surely with mounting stressed assets, the full extent of which may not be known

Formerly known as Catholic Syrian Bank, the private sector bank aims to raise Rs 410 crore by issuing fresh equity shares and offer for sale of shares by existing shareholders

YES Bank shares traded 0.55% lower at the pre-open session on Wednesday and fell 3% at the opening bell

The market capitalisation of HDFC Bank touched Rs 7.01 lakh crore for the first time ever, after shares of the private sector lender surged near its 52-week high on Thursday

Punjab & Sind Bank Q2 results: The provisions and contingencies rose sharply by 63.81 per cent to Rs 972.62 crore in Q2FY20 as compared to Rs 593.73 crore in the year-ago quarter. The bank's provisions, stood at Rs 334.53 crore in June quarter

In line with benchmark indices, SBI share price declined as much as 2.84 per cent to touch an intraday low of Rs 309.25 apiece on the BSE after opening tad lower at Rs 317.45 against previous close level of Rs 318.30

Mutual fund investors must stick to disciplined and systematic investing to do well in the coming year.

LIC's entry into IDBI Bank, the biggest player among top m-cap gainers in banking, brings hope for investors.