Gold Silver Reports (GSR) – RBI delaying year-end bonuses to the heads of top private banks — HDFC, ICICI and Axis Bank — Chief executive officers at HDFC Bank Ltd., ICICI Bank Ltd. and Axis Bank Ltd. —the nation’s largest private lenders by assets — are among bankers yet to receive bonuses for the financial year ended 31 March 2017, as the Reserve Bank of India hasn’t signed off on the proposed payments, the people said, asking not to be identified as the information is private. They declined to give further details. Business Standard newspaper had previously reported the delays.
Money Market
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Lupin Jumps After Receiving Clean Chit From FDA
Lupin Jumps After Receiving Clean Chit From FDA
Shares of the drug maker extended gains for the second day and rose as much as 7.1 percent, the most in over five months to Rs 842.80.
The pharmaceutical company received a clean chit from U.S. drug regulator or its Pithampur Unit 1 Facility, according to its stock exchange notification.
Atul Lall, Managing Director At Dixon Technologies Speaks
Atul Lall, Managing Director At Dixon Technologies Speaks Key highlights from the conversation: ⭐ With Custom duty coming down on open cell, it will increase brand outsourcing …
InterGlobe Declines After Dropping Out of Race To Acquire Air India
InterGlobe Declines After Dropping Out of Race To Acquire Air India — Shares of the budget carrier snapped its longest winning streak in over a month and fell as much as 2.4 percent, the most since March 19, to Rs 1,413.75.
Stocks To Watch: Coal India, HCL Tech, InterGlobe Aviation, Indian Oil, RCom
Gold Silver Reports (GSR) – Stocks To Watch: Coal India, HCL Tech, InterGlobe Aviation, Indian Oil, RCom – The NSE Nifty 50 index rose 1.9 percent or 197 points, the most since May 26, 2016, to 10,325 and the S&P BSE Sensex surged 577.73 points or 1.75 percent to 33,596.80.
Stocks Rally Third Day as Trump Team Eases Stance
Gold Silver Reports (GSR) – Stocks Rally Third Day as Trump Team Eases Stance — The S&P 500 Index bounced back from Monday’s selloff as investors grew more confident the administration’s protectionist rhetoric wouldn’t result in equally stringent policy. The rally took stocks to a two-week high. The dollar strengthened for the third time this week, while the 10-year Treasury yield popped above 2.82 percent.
RBI On Developmental & Regulatory Policies
RBI On Developmental & Regulatory Policies 📌 Mandatory loan component in working capital facilities. 📌 Not necessary to activate counter cyclical capital buffer at this point. 📌 All payments …