Andhra Bank posts net profit of Rs 175cr in December quarter Gross non-performing assets (NPAs) worsened to 17.26 per cent of the gross advances at the end of December 2019, compared with 16.68 per cent a year ago.
IRDAI issues guidelines to protect interest of policyholders of merged banks IRDAI said the guidelines have been issued in order to protect the interests of the group insurance policyholders of the merged banks.
Stocks in the news: Yes Bank, PNB, Bharat Forge, Reliance Power, Adani Transmission, JSW Steel Yes Bank | Reliance Power | Lincoln Pharmaceuticals | Morepen Laboratories | and PNB are among stocks which are in news today.
Stocks in the news: Yes Bank, DHFL, PNB, Bharat Forge, Reliance Power, Adani Transmission Yes Bank | Reliance Power | Lincoln Pharmaceuticals | Morepen Laboratories | and PNB are among stocks which are in news today.
Trade Setup for Friday: Top 15 things to know before Opening Bell Key support level for Nifty is placed at 10,634.93, followed by 10,565.07. If the index starts moving up, key resistance levels to watch out for are 10,809.93 and 10,915.07.
Stocks in the news: Bharat Electronics, Monsanto, Bayer Crop, Andhra Bank, Prabhat Dairy, Canara Bank Bharat Electronics | Monsanto India | Bayer Crop | Andhra Bank and Indian Bank are stocks which are in news today.
Stocks in the news: Bharat Electronics, Monsanto, Bayer Crop, Andhra Bank, Indian Bank Bharat Electronics | Monsanto India | Bayer Crop | Andhra Bank and Indian Bank are stocks which are in news today.
Banking wrap: RBI issues draft norms for SFB licensing; govt asks lenders to use NCLT as last resort Weekly wrap: RBI's new loan pricing norm may put banks in a fix, NBFCs' outlook remains grim and a checklist for customers of merging PSBs
Andhra Bank board okays merger with Union Bank Finance Minister Nirmala Sitharaman recently announced the merger of Oriental Bank of Commerce and UnitedBankwith Punjab National Bank, Syndicate Bank with Canara Bank, while Andhra Bank and Corporation Bank would merged with Union Bank of India.
Stocks in the news: Titan, L&T Finance, SBI Life, Reliance Nippon, Alkem Labs, Khadim Titan Company | L&T Finance Holdings | SBI Life Insurance | Reliance Nippon | Alkem Labs | Khadim India are the stocks which are in news today.
EXCLUSIVE | Banks may have to cut stake in insurance firms to below 30% Sources told Moneycontrol that the insurance regulator and banking regulator will clarify their position within the next three months.
EXCLUSIVE | Banks may be told to pare stakes in insurance companies below 30% Sources told Moneycontrol that the insurance regulator and banking regulator will clarify their position within the next three months.
Explained: Here's a checklist to track if your bank is getting merged Punjab National Bank, Union Bank of India, Canara Bank and Indian Bank are the anchor banks and customers of these banks will not be affected.
Union Bank board okays merger of Andhra, Corp Bank with itself; clears Rs 17,200-cr capital infusion The board "considered and given its in-principle approval for the amalgamation of Andhra Bank and Corporation Bank into Union Bank.
Bank mergers: Here is how the insurance JVs and policy holders will be impacted In cases where one bank promotes two insurers in same category post merger, the companies will either have to be merged or sold
Stocks in the news: Tata Comm, Central Bank, BHEL, Indiamart Intermesh, Andhra Bank, Kellton Tech Bharat Heavy Electricals | Tata Comm | Central Bank | Gujarat Apollo Industries and Future Market Networks are stocks, which are in news today.
After big bang PSU banks merger, what should investors do and which stocks to buy? Abhimanyu Sofat of IIFL Securities said merger of relatively better run Indian Bank with Allahabad Bank is disappointing.
Stocks in the news: RIL, Tata Motors, ONGC, BHEL, BPCL, Sintex Plastics, Varroc Engg, Oil India Tata Motors | Alembic | Bosch | National Aluminium Company | Unichem Laboratories | ONGC | BHEL | BPCL and Sintex Plastics are among stocks, which are in news today.
Andhra Bank back in the black, posts Q1 standalone net profit of Rs 52 cr The lender’s total income, however, increased to Rs 5,437.03 crore in three months to June 2019 as compared with Rs 5,092.08 crore in the year-ago period, Andhra Bank said in a regulatory filing on August 2.
SOURCE: Data from D'Market via Quandl. Intraday data delayed 15 minutes.
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