The Nifty Bank index was up over 5-percent with all of its components trading in the green in Tuesday’s afternoon session. Shares YesBank went up 5.19pc, Bank of baroda up 2.88pc, IndusInd Bank 2.56pc and Federal Bank up 2.13pc. PNP Read more
Nifty bank index declined 0.68percent at 26,867.55 on the weekend Friday, 22-February, the index pulled by Kotak Bank, HDFC Bank, IndusInd Bank and Bank of Baroda The Weekly top losers on Bank Nifty are Kotak Mahindra Bank, IndusInd Bank, Federal Read more
During Friday session, shares in Kotak Mahindra Bank declined more or less 4percent intraday mid-morning after 5.87crore shares or 3-percent of its stake exchanged hands in six block deals. The report as per Bloomberg added that the shares of the Read more
Shares of PSU banks zoomed on Thursday after govt said that it will infuse Rs48,239cr to some lenders as part of its recapitalization programme. The government has announced a sum of Rs48,239Crore on Wednesday as part of the recapitalization programme of Read more
Leading private sector lender ICICI Bank Limited on Wednesday, post market hours, reported a 2.7% year-on-year (Y-o-Y) decline in its net profit to Rs 1,604.91 crore for the Q3FY18-19 mainly on account of increase in provisioning. The bank had recorded Read more
India’s third largest of the private-sector banks, Axis Bank Limited reported a 131% growth in its standalone profit to Rs 1681 crore for the third quarter of 2018-19 from 789.61 crores for the period ended Sept 30, 2018. The bank Read more
