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BusinessToday.In
December 12, 2019
The market capitalisation of the 'Banking' sector stock with a face value of Rs 10 each, was valued at Rs 9,660.77 crore, by Thursday's closing bell


BusinessToday.In
New Delhi, December 12, 2019
Cabinet approves amendments to streamline Insolvency and Bankruptcy CodeThe Union Cabinet has approved certain amendments to the Insolvency and Bankruptcy Code (IBC) during its meeting on Wednesday. The changes in bankruptcy law are meant to help investment in troubled sectors, protect corporate debtors, and to prevent ill-thought-out triggering of bankruptcy proceedings. The amendments also ensure that the foundation of a corporate debtor's business remains safeIndian banks seek ...


BusinessToday.In
December 12, 2019
Share Market LIVE : On Thursday, Tata Motors, SBI, YES Bank, Tata Steel, Vedanta were among the top gainers. ONGC, Bharti Airtel, Bharti Infratel, HCl Tech and Infosys were among the top losers.    


PTI
New Delhi, December 12, 2019
Verdict in the case is now expected only in the New Year, when the judge could either dismiss the petition and find in favour of the 63-year-old businessman or adjourn the case until the UB Group chief's latest settlement offer is decided upon by the Indian courts


Reuters
December 11, 2019
Aramco stock will become part of Tadawul index by next week and global benchmarks such as MSCI and FTSE later this month


Anand Adhikari
New Delhi, December 11, 2019
Uday Kotak has ensured phenomenal growth without adding too much risk


Dipak Mondal
New Delhi, December 11, 2019
Economists and analysts see a slow and arduous economic revival from here. But some say it can be accelerated


BusinessToday.In
December 11, 2019
Share Market Today: Sensex ended 172 points higher at 40,412 and Nifty rose 53 points to 11,910.


BusinessToday.In
New Delhi, December 10, 2019
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


Niti Kiran
New Delhi, December 10, 2019
The growth in GNPA has been moderating for SCBs at an overall level given the reduction in the slippages of the PSBs and the loan write offs


BusinessToday.In
New Delhi, December 10, 2019
Public sector banks turn profitable in Apr-Sept; post Rs 3,221 crore of aggregate profitMinister of State for Finance Anurag Singh Thakur told Lok Sabha that public sector banks have returned to profitability, posting an aggregate profit of Rs 3,221 crore in the first half ending September. State-run lenders made aggregate provisions for NPAs and other contingencies of Rs 2.40 lakh crore and Rs 2.35 lakh crore in FY2018 and FY2019, respectively, he said in a written reply. As per ...


PTI
New Delhi, December 10, 2019
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


PTI
New Delhi, December 9, 2019
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


BusinessToday.In
New Delhi, December 9, 2019
The Bharat Bond ETF will have a base size of Rs 7,000 crore, with a green shoe option of additional Rs 8,000 crore. Retail investors can invest with the minimum investment amount of Rs 1,000 and in multiples of Rs 1,000 thereafter


BusinessToday.In
New Delhi, December 8, 2019
India's GDP growth rate slowed down to 4.5 per cent in the July-September quarter of this fiscal; matters have worsened since the June quarter when GDP growth slowed to 5 per cent, lowest in six years and a quarter


PTI
New Delhi, December 8, 2019
Penning down his recommendations to help the ailing Indian economy out of the ongoing slowdown in the India Today magazine, he called for reforms to liberalise capital, land and labour markets, and spur investment as well as growth


PTI
New Delhi, December 8, 2019
United Bank of India MD and CEO Ashok Kr Pradhan says the sovereign status of the amalgamated entity will not be diluted as government holdings in these banks are very high


PTI
New Delhi, December 7, 2019
As against the admitted claims of secured financial creditors of Rs 9,783 crore, Suraksha and NBCC are offering repayment of only 62 per cent of their outstanding dues despite the liquidation value of the company being around Rs 13,000 crore


BusinessToday.In
New Delhi, December 6, 2019
The slowdown in manufacturing activity was reflected in the decline in capacity utilisation to 68.9 per cent in Q2FY20 from 73.6 per cent in Q1, says RBI in its fifth bi-monthly monetary policy statement


BusinessToday.In
December 5, 2019
Stocks in the news: YES Bank, Vodafone Idea, Bharti Airtel, Mahindra & Mahindra, Bank of Baroda among others are the top stocks to be in focus on Friday's trading session


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