Banks

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

The Government also infused Rs 4,360 crore capital into the bank. He said the Chennai-based lender is in the process of improving its performance in terms of controlling Non- performing Assets (NPA) and Net Interest Margin (NIM). The banks NIM is currently at about 1.94 per cent and is expected to touch two per cent during the current quarter. … [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 High Court also directed that the accused duo should be shifted from the prison to their residence so that they can help and assist the committee with the sale of their encumbered assets. If the proceeds from the sale failed to recover the sought amount, then the committee must carry out the sale of their other assets. … [Read more...] about PMC Bank case: ED’s burning of the midnight oil, delayed paperwork stalls exit of Wadhawans from jail

Rohatgi told the SC that the company is willing to make the payment of the said amount, while also seeking that no coercive action be taken against it. He had also urged that the telco's bank guarantees not be encashed.Exclusive offer: Use code "BUDGET2020" and get Moneycontrol Pro's Subscription for as little as Rs 333/- for the first year. … [Read more...] about ‘End of the road’ for Vodafone Idea if bank guarantees encashed by govt: Mukul Rohatgi