Banking

ICICI Bank stock was trading at Rs 541.10 on the BSE, down 0.87 per cent from the previous close.Exclusive offer: Use code "BUDGET2020" and get Moneycontrol Pro's Subscription for as little as Rs 333/- for the first year. … [Read more...] about ICICI Bank raises Rs 945cr by issuing Basel III compliant bonds

"It would take another three of four quarters to touch the three per cent-NIM... We will prefer to go for FPO after we come out of PCA, he said. The Reserve Bank of India's PCA framework, which intends to nurse financially weak banks back to health, restricts lending and expansion of lenders. … [Read more...] about Indian Overseas Bank mulls FPO next fiscal

Disclosure: Reliance Industries Ltd. is the sole beneficiary of Independent Media Trust which controls Network18 Media & Investments Ltd.Exclusive offer: Use code "BUDGET2020" and get Moneycontrol Pro's Subscription for as little as Rs 333/- for the first year. … [Read more...] about D-Street Buzz: Over 200 stocks hit 52-week low on BSE; ONGC, YES Bank fall 3-5%

The order also directed that the duo should be shifted to their residence to help the three member committee and remain under supervision of two prison guards. They were allowed to travel to help the committee in the sales of assets as within jurisdiction of the Bombay HC. … [Read more...] about PMC Bank case: ED’s burning of the midnight oil, delayed paperwork stalls exit of Wadhawans from jail

Rohatgi said that there is "hardly any money left in the (company's) kitty," and that he asked them to scrape the bottom of the barrel to shell out Rs 3,500 crore for the repayment of dues. The idea being to pay what is possible to show the comapany's bonafides. … [Read more...] about ‘End of the road’ for Vodafone Idea if bank guarantees encashed by govt: Mukul Rohatgi