"The result of the investigation followed issues thrown up by an internal audit of the bank's vehicle-dealer lending, as well as allegations of conflicts of interest," the report said
The 200-DMA is acting as a major hurdle for major stocks like ACC Ltd, Adani Ports, and Asian Paints, among others
Of the top five private banks, Ind-Ra rates HDFC Bank, Axis Bank, Kotak Mahindra Bank and IndusInd Bank.
It is difficult to ascertain whether the Chinese authority has entirely sold its stake or just trimmed it below 1 per cent
Moratorium extension and business flow from March may have influenced figures
All that happened in the markets today
Incremental disbursement to corporate/MSME is seen reducing margins, the bank said
The Bank's advances expanded by 21 per cent, on year on year basis, to approximately Rs 10,04,500 crore as of June 30, 2020
Replicating success in terms of investor demand and premium pricing may be tough as lenders prepare for mega fundraising
In his frank address, Parekh was critical of the Supreme Court for questioning the Reserve Bank of India's (RBI) move to allow banks and housing finance companies (HFC) to charge interest
In a meeting held on Thursday, the private lenders' board approved the capital raising plan through issue of equity shares/ depository receipts or any other instrument or securities
The bank has sought shareholders' approval to issue unsecured perpetual debt instruments (part of AT1 capital), and tier-II capital bonds.
Top losers were ITC, HUL
"the unanimous feedback has been that there has been a decline in the total loan book under moratorium from the 25-30% numbers reported as of end-May," analysts led by Suresh Ganapathy wrote in a note
Share of large private banks in corporate relationships have moved from 27 per cent in 2017 to 32 per cent in 2019, according to Greenwich Associates, a Crisil group company
Gains in European, US futures help index stage a comeback
The State Bank of India has also created a separate business vertical to focus on financial inclusion and micro-markets (FI&MM) in semi-urban and rural areas
The FPIs are in advanced talks with an Indian bank to act as a custodian.
Banks were classified as an "essential service" and allowed to be open, but the lockdown meant fewer customer footfalls, making the online alternative helpful to open new deposit accounts
After India downgrade, agency reduces long-term deposit ratings of 11 banks