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Latest News Update - Banking and Finance

Notably, the contraction comes after 15 months of frenetic activity that was majorly driven by NBFCs, CRISIL adds.  Tue, 14 Jul 2020
The core inflation increased for the fourth consecutive month to 5.1% in June.  Tue, 14 Jul 2020
On Sensex, the company's stock ended at a lower price band of Rs3.80 per piece down by 4.76%.  Tue, 14 Jul 2020
Although the majority segment witnessed huge sell-offs on Dalal Street, stocks of banking, auto and metal took the most beating.  Tue, 14 Jul 2020
Bank Nifty index underperformed the Nifty index by ~1.25% as continued selling pressure was seen in major banking heavyweights like ICICI Bank, HDFC Bank, Kotak Bank, Axis Bank & SBI.  Tue, 14 Jul 2020
The bank had secured shareholder approval last year to raise funds worth Rs500cr through a QIP but had not utilised the same.  Tue, 14 Jul 2020
On Monday, Arvind Fashions Right Entitlement (RE) ended at Rs38.95 per piece, down by 27.87% on Sensex.  Tue, 14 Jul 2020
Allegations of unfair practice are against Ashok Khanna who was the head of the unit and retired this year in March.  Tue, 14 Jul 2020
Index heavyweights like HDFC twins, RIL, ICICI Bank and Bajaj Finance contributed the most to the losses.  Tue, 14 Jul 2020
Sensex and Nifty's performance on Monday was swayed by the downward movement in banking and NBFC stocks, which limited the overall gains.  Mon, 13 Jul 2020
The Nifty Bank and the PSU bank index ended 1-1.7% lower, followed by realty index which slipped over 1.5%.  Mon, 13 Jul 2020
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Russia's Rosneft in Talks to Buy Stake in Essar Oil: Report
Russia's top oil producer Rosneft is in talks to buy about 50 per cent stake in Essar Oil Ltd for an undisclosed amount, according to sources.
Read More
Russia's Rosneft in Talks to Buy Stake in Essar Oil: Report
Russia's top oil producer Rosneft is in talks to buy about 50 per cent stake in Essar Oil Ltd for an undisclosed amount, according to sources.
Read More
Russia's Rosneft in Talks to Buy Stake in Essar Oil: Report
Russia's top oil producer Rosneft is in talks to buy about 50 per cent stake in Essar Oil Ltd for an undisclosed amount, according to sources.
Read More

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