Bajaj Finance, Ultratech Cement , NTPC and Axis Bank were the top Sensex losers falling up to 3.12%

In separate filings to stock exchanges, Indian Overseas Bank, Bank of India, Central Bank of India and UCO Bank said that the government has infused capital in them.

Investors' wealth soared 80 per cent to Rs 204.3 lakh crore during the fiscal compared to almost one-fourth erosion in the market capitalisation of all BSE-listed stocks during FY20

CEA K V Subramanian said the disinvestment target of Rs 1.75 lakh crore for 2021-22 is actually a carryover of the Rs 2.10 lakh crore target set for the fiscal ending March 31, 2021. \"Of this, BPCL privatisation and LIC listing itself were important contributors,\" he added

The bank issued 335.16 crore shares to the government at an issue price of Rs 16.41 per equity share, aggregating to Rs 5,500 crore.

There will be large banks having presence across the country and the world, mid-size banks present across the economy, small finance banks/regional rural banks/cooperatives to take care of the small borrowers and digital players, Das said

The RBI governor's assurance assumes significance amid apprehensions about surging new COVID-19 infections and resultant lockdowns being clamped in many cities

Das says growth momentum is going as per RBI's estimate and revival of economic activity should continue unabated; he adds there could be no downward revision in RBI's 10.5% growth estimate for FY22

Amitabh Chaudhry, CEO, Axis Bank shares how DFI bill is an exciting concept and can help Indian economy in the future. Chaudhry said that DFI is an important requirement for the economy at the moment. He shared his views on PSB consolidation and privatisation of banks, adding that Indian financial services industry was an enticing prospect for various large players across the globe. Watch as he explains to Business Today's Anand Adhikari how these developments can benefit the end consumers and economy going forward.Also Read: Don't see rating downgrade for India: FM Nirmala Sitharaman

Stock Market News Update Today: NTPC was top gainers in BSE Sensex pack, followed by HUL, Power Grid Corporation of India, ITC, Reliance, Nestle India, among others

Sitharaman said the decision to privatise banks is a well-thought-out one. She said that the government wants the bank to get more equity and to meet the aspirations of the country

The Congress leader accused the government of \"privatising profit\" and \"nationalising loss\"

During the first day of the bank strike, services such as cash withdrawals, deposits, cheque clearing, and business transactions remained impacted across the country

Shares of Tata Communications, MTAR Tech, Adani Green, Welspun, Max Healthcare, NIIT, AU Small Finance Bank will be in focus in Tuesday's trading session

Rajan also cautioned against a second wave of coronavirus cases and called for increasing the pace of vaccination.

Banking services such as cheque clearance, deposits, withdrawals at branches, and loan approvals, etc., were affected on Monday, March 15 as bank employees went on a nationwide strike against the proposed privatisation of two public sector banks and \"retrograde banking reforms.\"Around 1 million (10 lakh) bankers are protesting under the aegis of the United Forum of Bank Unions (UFBU), an umbrella body of nine unions, which gave a strike call for March 15 and 16. As banks were closed on Saturday (March 13) and Sunday (March 14) as well, regular banking services will now be affected over a four-day period. Meanwhile, branches of private-sector lenders such as Axis Bank, HDFC Bank, and ICICI Bank are open, as they are not part of the strike. Watch the video for more details.

Bank Strike: The ongoing strike is said to be largely effective in smaller towns and cities, where employees even took to the streets, marching in processions

Bank strike on March 15: The unions had called the strike after the conciliation meeting with the Union Finance Ministry on March 4, 9 and failed

Shares of YES Bank, Axis Bank, MTAR Tech, Tata Communications, SBI cards, Bajaj Finance, GTV Engineering, Fortis Malar Hospitals, Kotak Mahindra Bank, Dilip Buildcon will be in focus in Monday's trading session

Bank strike on March 15: Banking services are likely to be hit at several public sector banks (PSBs) like State Bank of India (SBI), Canara Bank and Bank of Maharashtra (BoM)