Central Bank of India to raise up to Rs 500cr through bonds It said the funds would be raised by issuance and allotment of non-convertible redeemable unsecured basel-III compliant tier 2 bonds in the nature of promissory notes.
Central Bank of India counts on recoveries as spike in bad loans may delay exit from PCA The bank saw slippages of Rs 3998 crore, which includes divergences of Rs 1800 crore as assessed by RBI. As a result, the bank’s slippage ratio shot up to 3.2 percent, from 0.91 percent in the previous quarter.
Stocks in the news: Biocon, Petronet LNG, Hero Moto, Alkem Lab, PNB, Cipla, Torrent Pharma Petronet LNG | Hero MotoCorp | Torrent Pharmaceuticals| Reliance Capital | HEG | PNB and Canara Bank are among stocks which are in news today.
Central Bank of India shares decline over 2% after ICRA revises outlook on upper tier-II bonds Year-to-date, shares of the public lender have fallen 46 percent against a 1.4 percent gain in benchmark Sensex.
Stocks in the news: NALCO, Reliance Comm, NTCP, Laurus Labs, Tata Comm, RITES, Madhav Infra Central Bank of India | Tata Communications | NALCO | RITES | NTPC and OBC are among stocks which are in news today.
Stocks in the news: Central Bank of India, Tata Communications, NALCO, RITES, NTPC, OBC Central Bank of India | Tata Communications | NALCO | RITES | NTPC and OBC are among stocks which are in news today.
Market Headstart: Nifty likely to open higher; Infosys, United Spirits top buys Trends on SGX Nifty indicate a positive opening for the broader index in India, with a 32.5 points gain or 0.3 percent. Nifty futures were trading around 10,852-level on the Singaporean Exchange.
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.
PSU banks rally amid mega merger buzz; Syndicate, Allahabad, OBC gain 4-9% The Nifty PSU Bank index recovered 3.7 percent from day's low after this merger news and gained a percent at the time of publishing this article.
NBFC financing: Banks shun ratings, dig deep into loan books Over past few months, the government and the Reserve Bank of India (RBI) announced several measures to push liquidity from the banking system to the needy NBFCs. However, reluctance to lend amid risk averse scenario has created a bottleneck of funds to the sector.
Former Madhya Pradesh CM Babulal Gaur no more, PM Modi pays tribute The veteran BJP leader served as Madhya Pradesh chief minister from 2004-2005 and represented his traditional Govindpura Vidhan Sabha seat 10 times.
Stocks in the news: SPARC, SpiceJet, Alembic Pharma, Dr Reddys Labs, United Spirits, Deepak Nitrite Alembic Pharma | Dr Reddy's Labs | United Spirits | HDIL | Deepak Nitrite | IOL Chemicals and Freshtrop Fruits are stocks which are in the news today.
Central Bank to raise up to Rs 3,000 cr core capital from markets The bank has also made a funding request to the government from the Rs 70,000-crore it has budgeted, Mohapatra said, refusing to disclose how much they have asked for.
Asset quality woes may dampen investor appetite for public sector banks While Yes Bank fund raising may have helped in restoring confidence in the banking sector to some extent, the story may vary for other lenders, especially state-run banks.
Stocks in the news: Tata Motors, Indiabulls Housing, HEG, IDBI Bank, Hitachi Air, Galaxy Surfactants Indiabulls Housing Finance | HEG | IDBI Bank | Hitachi Air | Galaxy Surfactants and Titagarh Wagons are stocks which are in the news today.
Govt pep talk helps market snap 4-week losing streak; 19 stocks rose 10-30% in BSE500 Such sharp rallies are often a result of some pep talk or some relief measure which often fizzles out trapping the bulls who bought on the hopes that a new rally will begin.
SOURCE: Data from D'Market via Quandl. Intraday data delayed 15 minutes.
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