SC's stance on AGR a blow to financials, say experts; should you avoid the sector? The apex court's rebuke to telecom companies had a domino effect on select financial heavyweights also as the Nifty Bank index fell 1.27 percent on February 14.
PNB says no proposal for changing bank's name This statement comes days after a UBI official said that the government is expected to announce the new name and logo of the merged bank which will become operational from April 1, 2020.
D-Street enters last leg of the earnings season; inflation, IIP data likely to dictate trend Going forward, market would take cues from the last leg of earnings season and global developments on the Coronavirus outbreak.
Earnings hits & misses: Top 10 companies that declared Dec quarter results this week PSU banking major Punjab National Bank reported loss of Rs 492.3 crore for Q3FY20 against a profit of Rs 246.50 crore in Q3FY19 while telecom major Bharti Airtel managed to trim its losses.
New name, logo of merged entity of UBI, PNB, OBC to be unveiled soon: Official The new entity will be the second-largest bank in the country after State Bank of India (SBI) with a total business volume of Rs 18 lakh crore, he said.