Why co-operative banks don’t want to convert into small finance banks
Conversion as SFBs would require UCBs to give up their universal bank status to become ‘narrow banks’ Urban co-operative banks (UCBs) have not warmed to […]
Articles by Hela
Should I stay invested in Reliance Small Cap Fund?
I have invested in Reliance Small Cap Fund, Reliance Banking Fund, and Reliance Fixed Horizon Fund through SIPs. All these schemes are in red. Should […]
Bharti Infratel share hits 5-year low on extension of deadline for merger with Indus Towers
Shares of Bharti Infratel tumbled as much as 10 per cent to hit an over five-year low in intraday trade on the Bombay Stock Exchange […]
InterGlobe Aviation shares tumble 12% after Q2 earnings
New Delhi: Shares of budget carrier IndiGo’s parent InterGlobe AviationNSE -11.84 % on Friday tumbled 12 per cent after the company posted a net loss of Rs […]
Share market update: Bank shares up; YES Bank surges 9%
NEW DELHI: Bank shares were trading in the positive zone in Friday’s morning session. Shares of YES Bank (up 8.54 per cent) , Punjab National BankNSE […]
Asian bond issuers gear up for new benchmarks as sun sets on Libor
Bankers are readying Asian clients to issue more bonds linked to the new interest rate benchmarks replacing Libor after Bank of China sold the first such private sector deal […]
Public sector banks disburse Rs 81,781 crore in nine days, says Nirmala Sitharaman
Public sector banks (PSBs) alone have disbursed Rs 81,781 crore in the first phase of the outreach programme between October 1-9, Finance Minister Nirmala Sitharaman […]
Share market update: Auto shares mixed; Tata Motors up 2%
NEW DELHI: Auto shares were trading on a mixed note in Friday’s afternoon session after India’s passenger vehicle sales slipped 23.7 per cent in September. […]
Share Market Highlights: Sensex, Nifty end in deep red after mild RBI rate cut, GDP forecast disappoint
Share Market highlights: Indian stock markets extended decline on Thursday after a mild RBI repo rate cut of just 25 bps disapointed investors. The Sensex closed 434 points […]
Share market update: Telecom shares fall; Vodafone Idea slumps 7%
NEW DELHI: Telecom shares were trading with losses in Tuesday’s afternoon session. Shares of Vodafone Idea (down 7.63 per cent), GTL InfrastructureNSE -9.09 % (down 5.00 per […]