Higher NPA provisioning to impact banks in FY19; recapitalisation will help resolve NPL, rollout of Basel III: Moody's
• 7 years agoThe government in October last year announced plans to infuse Rs 2.11 lakh crore into PSU banks over the next two years
Indian banks' bad loans may rise to 15% by Mar 2018, credit profile unlikely to improve in next 1 year: S&P
• 8 years agoIndian banks' credit profiles are unlikely to improve over the next 12 months, said S&P Global Ratings
Moody's downgrades IDBI Bank citing bad loans, weak funding; bank says govt aid continues
• 8 years agoThe rating actions reflect the significant deterioration in IDBI's financial profile, driven by asset quality issues
Sensex closes above 30,000: BSE chief Ashish Chauhan cautions investors against euphoria
• 8 years agoThe benchmark Sensex scaled the 30,000-mount for the first time to close at 30,133.35, taking the BSE market capitalisation to a record Rs 124.83 trillion.
BSE launches futures on S&P BSE SENSEX 50 index to help investors diversify their portfolio
Ians • 8 years agoThe index is designed to measure the performance of the top 50 largest and liquid stocks in the exchange's Large Mid Cap by float-adjusted market capitalisation.
Twitter CEO Jack Dorsey buys $7 million in Twitter stock
Fp Archives • 8 years agoDays after Twitter revealed its fourth-quarter earnings that missed company's revenue estimates, CEO Jack Dorsey has bought $7 million worth of Twitter stock, media reports said.
Budget 2016: Govt may increase Rs 70k-cr planned capital infusion for PSBs
Fp Archives • 9 years agoThe Finance Ministry is considering infusing more than the announced Rs 70,000 crore in public sector banks to help strengthen their balancesheets.
Banks may need Rs 2.6 lakh cr more capital for Basel III: S&P
Fp Archives • 12 years agoThe banks in India may require additional capital of up to Rs 2.6 lakh crore by 2018 as they migrate to the capital intensive Basel-III framework, Standard & Poor's said today.