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CESC plans to raise Rs 763 crore via term loans

Jun 27, 2016

CESC plans to raise Rs 763 crore via term loans

CESC informed that its annual general meeting will be held on 22 July and the company will engage its shareholders with the special resolution in its AGM to secure the term loans and working capital facility #ICICI Bank #BSE #HDFC Bank #IDBI Bank #CESC #term loans
HDFC Bank Q4 net profit grows 20 per cent to Rs 3,374 crore

Apr 22, 2016

HDFC Bank Q4 net profit grows 20 per cent to Rs 3,374 crore

HDFC Bank today reported a 20 per cent rise in its net profit at Rs 3,374 crore for the fourth quarter ended March 2016. #BSE #HDFC Bank #net profit #NPAs
Sensex cold to RBI's smaller rate cut, plummets 516 pints

Apr 05, 2016

Sensex cold to RBI's smaller rate cut, plummets 516 pints

Investors were not too enthused by the Reserve Bank's 25 bps rate cut and global cues did not help either as market benchmark Sensex plunged by 516 points, most in nearly two months, to crack below the 25,000-mark, with banking stocks taking a big knock. #Sensex #nifty #ICICI Bank #SBI #HDFC Bank #Raghuram Rajan #RBI policy
RBI expected to cut rates next week as inflation dips: Reuters poll

Apr 01, 2016

RBI expected to cut rates next week as inflation dips: Reuters poll

Falling inflation will give the Reserve Bank of India (RBI) room to cut interest rates at a policy review on Tuesday, and cut them again by September, before holding steady to assess the impact of the upcoming monsoon season on food prices, a Reuters poll found. #Inflation #RBI #Repo rate #WPI #HDFC Bank #Raghuram Rajan #CPI #Rate cut #Reuters Poll
#NotEnough: How to fix the Good, the Bad and the Ugly in Indian PSU banking landscape

Feb 17, 2016

#NotEnough: How to fix the Good, the Bad and the Ugly in Indian PSU banking landscape

With gross NPAs at a massive level of Rs 72,792 crore, the sheer volume of rotten apples in SBI’s basket is huge and capable of contaminating others #SBI #Arun Jaitley #HDFC Bank #Bank of Baroda #NPAs #PSU banks #UCO Bank #bad loans #PNB #Indian Overseas Bank #Prime Minister Narendra Modi #Dr Raghuram Rajan
HDFC Bank Q3 net profit rises 20% to Rs 3,357 crore

Jan 25, 2016

HDFC Bank Q3 net profit rises 20% to Rs 3,357 crore

HDFC Bank today reported 20.1 per cent growth in net profit to Rs 3,356.8 crore for the third quarter of the current fiscal on higher interest income. #HDFC Bank #NPA #net profit #October-December quarter #Q3-FY2016
Budget 2016: Bankers pitch for raising tax break on savings to Rs 2.5 lakh

Jan 13, 2016

Budget 2016: Bankers pitch for raising tax break on savings to Rs 2.5 lakh

Banks and financial institutions today pitched for increasing tax deduction limit to Rs 2.5 lakh from currently Rs 1.50 lakh under 80C of Income Tax Act #Finance minister #Arun Jaitley #HDFC Bank #NDA #Bankers #Savings #Aditya Puri #80C #Union Budget 2016 #Economy 2016 #Taxes 2016 #banking 2016
Bank stocks up on government steps to address bad loans

Nov 27, 2015

Bank stocks up on government steps to address bad loans

Shares of banks today went up by about 6 per cent after the government said that it is planning to set up a high-level panel to effectively deal with the issue of mounting bad loans. #Banks #ICICI Bank #SBI #BSE #NSE #Axis Bank #HDFC Bank #shares #IDBJ Bank
Snapdeal to help sellers get loans worth Rs 1,000 cr by Mar'16

Oct 06, 2015

Snapdeal to help sellers get loans worth Rs 1,000 cr by Mar'16

Launched in August last year, Capital Assist helps sellers meet their working capital requirement as they scale their businesses on the Snapdeal marketplace platform. #Religare #ICICI Bank #Axis Bank #HDFC Bank #CompanyWatch #E-Commerce #Flipkart #Snapdeal #L&T Finance #Capital Assist #RBL