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.
Indian Overseas Bank to offer repo-linked loans from October 1 The Reserve Bank through a notification in early September had advised banks to link all new floating rate for personal or retail loans and MSMEs to one of the external benchmarks.
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.
Stocks in the news: ITC, RIL, Nestle, NIIT, Coffee Day, DHFL, Union Bank, Bata India, JK Cement Nestle India | NIIT | Coffee Day Enterprises | DHFL | Union Bank | Bata India and JK Cement are stocks which are in the news today.
Banking wrap: State-owned banks gear up to raise equity, SBI says limited room for improvement in margins The RBI slapped fine on eight public sector banks for violating norms on fraud classification, bill discounting and monitoring of end use of funds
RBI slaps fine on eight public sector banks for violating norms Bank of Baroda, Bank of India, Indian Overseas Bank and Union Bank of India were fined Rs 1.5 crore each, while Allahabad Bank and Bank of Maharashtra were penalised Rs 2 crore each. Oriental Bank of Commerce was penalised with Rs 1 crore, the RBI said.