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About 27 results for "central bank of india"

Moody's changes outlook of Central Bank of India and Indian Overseas Bank to positive from stable
Business Standard

Moody's changes outlook of Central Bank of India and Indian Ov...

In the case of IOB, Moody's has also affirmed the bank's senior unsecured debt rating at Ba3 and changed the outlook to positive. It issues its senior unsecured debt out of its Hong Kong branch. Moody's has also affirmed Business Standard, 1 week ago
Moody's ups IoB, Central Bank outlook to positive Business Standard, 1 week ago
Sify

Bank stocks continue to feel the heat of massive fraud at PNB

Bank stocks are down once again, hurt by the massive Rs 11,400 crore fraudulent transactions involving diamond merchant Nirav Modi and a few officials of Punjab National Bank's foreign exchange department at the Brady House in Fort, Mumbai. A few days ...
 Sify2 days ago

PNB Fraud: Which Mutual Funds Have Exposure To PNB? Know Here...

Posted by Equitymaster Mutual funds are not immune to corporate frauds and have seen their share. Corporate frauds can often go unnoticed for years; thanks to unethical employees and corrupt auditors. However, when these scams are unearthed, investors dump ...
 Equitymaster.com1 day ago

PSU banks lost Rs 227 bn to frauds in 5 years

Over 25,600 cases of banking fraud reported up to December 21, 2017, says Minister RS Prasad.  Illustration: Dominic Xavier/Rediff.com. Public sector banks lost a total of Rs 227.43 billion due to banking fraud between 2012 and 2016, notes an IIM-Bangalore study.  Electronics and Information-Technology Minister Ravi Shankar Prasad recently told Parliament, quoting Reserve Bank of India data, there had been over 25,600 cases of banking fraud worth Rs 1.79 billion reported up to ...
 Rediff.com1 week ago

Central Bank moves higher on equity capital raising plan

after the said that a board meet will be held on 3 January 2018, to consider and approve raising of additional equity capital on preferential allotment to government. The announcement was made on Saturday, 30 December 2017. Meanwhile, the S BSE Sensex was up ...
 Business Standard1 month ago Central Bank of India surges 10% on fund raising plan  Money Control1 month ago
Rediff.com

Don't rush to buy public sector bank stocks

Though most experts remain bullish on the banking space, they suggest investors buy only those banks whose NPAs are at a manageable level of 3% to 4% and there is credit growth or earnings visibility.Puneet Wadhwa reports. Illustration: Dominic Xavier/Rediff.com Analysts caution investors to not rush to buy public sector bank stocks, instead evaluate them on a case-to-case basis and invest selectively, even as the government has announced a capital infusion of Rs 881 billion for such lenders.
 Rediff.com2 weeks ago
DNA

Open a/c in any designated bank in a month: Govt to NGOs

The Home Ministry has directed all NGOs, business entities and individuals who receive funds from abroad to open accounts in any of the 32 designated banks, including one foreign, within a month for a higher level of transparency. It also asked them to ensure ...
 Deccan Herald1 month ago Home Ministry gives one-month deadline to NGOs to open account in any designated bank  DNA1 month ago

RBI imposes Prompt Corrective Action on Allahabad Bank

Kolkata: State-run Allahabad Bank became the new entrant of the league of ten other public sector banks where the Reserve Bank of India imposed prompt corrective action (PCA) due to high non-performing assets (NPA) and negative return on assets (RoA) for two ...
 Sify1 month ago
Business Standard

Don't bank too much on bank stocks

One axiom of modern economics is that a financial crisis takes longer to mitigate than a crisis in any other given sector. Finance is the life-blood of every sector and a crisis in finance affects every other sector. At a global level, we've seen this since ...
 Business Standard1 month ago
DNA

Uttar Pradesh will become Uttam Pradesh, says India Inc

Industry leaders on Friday hailed Uttar Pradesh Chief Minister Yogi Adityanath's investor-friendly policies, and assured him of their participation in the upcoming Global Investors' Summit on February 21-22 next year. They also noted that the state, long ...
 DNA2 months ago
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