Gaursons chairman's son held for cheating Bank of Baroda, Syndicate Bank of Rs 80 Cr: CBI
"Searches have been conducted today at two places in Noida (UP) and one place in Delhi which led to recovery of incriminating documents/material," RK Gaur said
In FY19, lenders had seen a contraction in global loan book after letters of comfort were discontinued
All that happened in the markets today
The SGX Nifty, though, is trading with a slight cut and is indicating an open around 10,470 levels for the Nifty today
The bank posted a net profit of Rs 506.5 crore in Q4FY20 compared to net loss of Rs 991.3 crore in Q4FY19.
The bank had posted a net profit of Rs 991.37 crore in the January-March quarter of the preceding fiscal ended March 2019
All that happened in the markets today
Kajal Gandhi and Vishal Narnolia, research analysts at ICICI Securities, believe that Covid-19 breakout and merger process would lead to sluggish business growth during the quarter under review.
At Hong Kong, an important financial centre in Asia, Indian banks have had business operations for decades.
A gap down close after touching 100-DMA indicates selling pressure in HDFC Bank. he counter has consistently failed to conquer 100-DMA as gap-down close has forced prices to correct even further.
Under the scheme, the government will offer 100 per cent guarantee on loans.
B R Shetty runs NMC, the largest private healthcare provider in the United Arab Emirates.
Refinancing high-cost debt into low-cost debt is possible, thanks to the RBI's TLTROs
MSCI India Domestic Small Cap Index, on the other hand, has seen 52 deletions which include BSE, Venky's India, Jammu & Kashmir Bank, Power Finance Corporation and Dish TV India
The number of NPA accounts rose from 2,08,035 as of March 31, 2014, to 6,17,306 as of December 2019
Affirms Issuer Default Ratings for seven banks including these four and Bank of India, Canara and PNB
Among other tenors, the MCLRs from overnight to six month loans have been cut by 0.15 per cent each in the range of 7.40-7.85 per cent
Many lenders also advised borrowers not to make use of the moratorium offer in case they were in a position to pay their instalments on the due date
However, most are extending it to their existing customers only