Eleven state-run banks under the Reserve Bank of India’s (RBI) prompt corrective action (PCA) framework recorded higher interest income but lower asset quality, a Mint analysis showed, even as differences between the government and central bank over the framework have burst out into the open.
IDBI Bank
LIC Stake Not To Exceed 14.9% Post Issue, Says IDBI Bank – Gold Silver Reports
Gold Silver Reports (GSR) – LIC Stake Not To Exceed 14.9% Post Issue, Says IDBI Bank – Shares of the state-run lender fell as much as 5.4 percent to Rs 58 after the bank said that Life Insurance Corporation’s stake will not exceed 14.9 percent up on share issue.
IDBI Bank Share Price Gains After IRDAI Approves LIC’s Investment Plan
Gold Silver Reports (GSR) – IDBI Bank Share Price Gains After IRDAI Approves LIC’s Investment Plan – Shares of the Mumbai—based private sector lender rose as much as 5.65 percent to ₹ 58 after Insurance Regulatory Development Authority of India (IRDAI) approved Life Insurance Corporation’s investment plan.
HDFC Bank Share Price Slip Ahead Of Shareholders’ Meeting
Gold Silver Reports (GSR) – HDFC Bank Share Price Slip Ahead Of Shareholders’ Meeting – Shares of the country’s largest private sector lender fell as much as 0.8 percent to Rs 2,114 ahead of its annual shareholders’ meeting scheduled later in the day.
Meanwhile, the HDFC Bank had 11.6 lakh shares changed hands in a single bock deal on BSE.
Focus Stocks: HFC Bank, ICICI Bank, IDBI Bank to be in focus
Focus Stocks: HFC Bank, ICICI Bank, IDBI Bank to be in focus
■ Asian markets opened mixed as investors weighed continuing trade tensions between the US and China. Over the weekend US stock indices closed mostly higher on gains in energy stocks.
IDBI Bank Falls After RBI Slaps Penalty
Gold Silver Reports (GSR) – IDBI Bank Falls After RBI Slaps Penalty — Shares of the government-owned lender extended decline to second day and fell as much as 3.2 percent to Rs 69.80. The Reserve Bank of India slapped a penalty of Rs 3 crore on the bank for non-compliance of bad …
Stocks To Watch: Fortis Healthcare, IDBI Bank, IFCI, Infosys, VRL Logistics
Gold Silver Reports (GSR) – Stocks To Watch: Fortis Healthcare, IDBI Bank, IFCI, Infosys, VRL Logistics — Asian stocks fluctuated at the open amid a lack of fresh impetus after an apparent easing of trade tensions between the U.S. and China triggered a buoyant session Tuesday for global equities and a renewed vigor in favor of risk appetite.
Non-Core Asset Sales Gathering Pace, Says IDBI Bank
Gold Silver Reports (GSR) – Non-Core Asset Sales Gathering Pace, Says IDBI Bank — “We have been able to unlock around Rs 4,000 crore in total [in 2017-18], including the Bandra Kurla Complex building deal,” KP Nair, deputy managing director at IDBI Bank. “Most of the assets will be monetised during 2018-19.”
CBI Registers Three FIRs In Rs 743 Crore Bad Loans In IDBI Bank
Gold Silver Reports (GSR) – Bad Loans In IDBI Bank — The agency has named three accused persons–BK Sahoo, retired deputy general manager of the bank, R Damodaran, and the then DGM Battu Rama Rao–who are common in all the three First Information Reports.
Stocks To Watch: Bandhan Bank, GSK Consumer, IDBI Bank, SBI
Gold Silver Reports (GSR) – Stocks To Watch: Bandhan Bank, GSK Consumer, IDBI Bank, SBI — Indian equity benchmarks rose for second straight day led by banks after the government reduced its borrowings for April-September by half. Strong global markets on the back of easing U.S.-China trade tensions also aided gains.