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What Will PSB Mergers Mean For Customers, Employees And Shareholders?
With a motive to strengthen the public sector banking (PSB) business, Finance Minister Nirmala Sitharaman, on Friday, announced the consolidation of 10 PSBs into 4. These mergers will take time to be implemented, however, stakeholders of the decision, that is, the customers, ...
11 Banks Cut Lending Rates Following RBI’s Nudge
After the Reserve Bank of India (RBI) announced its decision to reduce its key interest rate (repo rate) on 7 August, 11 banks informed of a cut in their MCLR (marginal cost of funds based lending rates) across various tenures. Following ...
Banks Cut Lending Rates Following Rbi S Nudge
Sensex, Nifty close the day at another record high
The Sensex and the Nifty ended the day at another record high led by gains in energy and select private sector banking names. The Sensex closed the day higher by 61 points, while the Nifty ended the day higher by ...
Sensex Nifty Close The Day At Another Record High
Govt orders forensic audit on OBC, Dena Bank for Rs 436 cr FD scam
Mumbai: The government has initiated a forensic audit at the state-run Oriental Bank of Commerce and Dena Bank after unearthing of a suspected scam, wherein the lenders allegedly misappropriated funds worth Rs 436 crore from their fixed deposit customers. "A ...
Govt Orders Forensic Audit On Obc Dena Bank Rs 436 Cr Fd Scam
7 mid and small cap stocks that fund managers are chasing
Select mid and small cap stocks have risen sharper than benchmark indices, giving whopping returns in the last few months. Here are a select list of 7 stocks that fund managers are investing in as prospects for these companies have brightened in the last few months. {photo-feature} ...
Mid Small Cap Stocks That Fund Managers Are Chasing
5 high beta stocks to consider before election results
First the caveat: the five stocks that we are writing about are high beta stocks, which can either make profits or erode your capital significantly. These stocks are high beta, which means if the Sensex falls one per cent, these could ...
Sensex, Nifty fall on sharp declines in US Dow, Nasdaq
The Sensex and the Nifty fell in early trade, following a sharp decline in the US markets with the tech heavy US Nasdaq Composite seeing one of its worst declines since Nov 2011. The Sensex was trading lower by 156 ...
Sensex Nifty Fall On Sharp Declines Us Dow Nasdaq
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