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Sensex gives up early gains, slips into negative on profit-booking

Feb 19, 2015

Sensex gives up early gains, slips into negative on profit-booking

Sensex failed to hold its initial gains and slipped into the negative territory by falling over 155 points in late morning trade #Sensex #nifty #Power #Banking #BSE #NSE #Infrastructure #realty #PSU #Oil & Gas #BSE Fmcg
Bankers are right in seeking priority sector lending status for renewable energy

Feb 16, 2015

Bankers are right in seeking priority sector lending status for renewable energy

There isnt an iota of doubt about the promised business potential of renewable energy and the central bank can surely look at reforming the priority sector rules in favour of renewable, clean energy. The Modi-government shouldnt have a problem with such an exercise. #India #RBI #Banking #Renewable energy #PSU banks #Priority Sector Lending
Punjab National Bank tanks 7% as bad loans jump in Q3

Feb 03, 2015

Punjab National Bank tanks 7% as bad loans jump in Q3

Some other state-run lenders including Bank of Baroda and Union Bank have also seen their bad loans rising in the December quarter. Bankers say bad loans would remain a problem in the short term #Banks #Punjab National Bank #PSU banks #bad loans #Bad lonas
Coal India stake sale begins, stock tanks nearly 4% in early trade

Jan 30, 2015

Coal India stake sale begins, stock tanks nearly 4% in early trade

The government's 10 per centstake sale in bluechip Coal India, to raise an estimated Rs22,600 crore, began on Friday morning. #Sensex #India #Disinvestment #nifty #coal india #CompanyWatch #stake sale #PSU
Bank strike has only been deferred; Govt will have to step in to resolve deadlock

Jan 20, 2015

Bank strike has only been deferred; Govt will have to step in to resolve deadlock

Managements in state-run banks are not in a position to fork out any more money for a substantial increase in the compensation levels of employees since these banks are severely constrained with capital. #India #Wages #PSU banks #bank strike #IBA #cash-less insurance