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Bank operates with relatively lower debt/equity levels, and is still able to enjoy greater returns on its equity as compared to other banks. Bank, however, seems to miss out on ROE, but that is because the bank operates in 19 nations around the world.
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The index surged nearly 200 points in mid-morning trade and was now trading above its crucial 200-DMA, buoyed by hopes of a rate cut by the Reserve Bank of India (RBI) at its policy meet early next month after the March inflation figures eased to 5.
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Bank and Axis Bank in connection with allegations of money laundering by Cobrapost. "Actions are on the way. Scrutiny has been done, actions is being taken both in respect of systemic level and at the individual banks," he said when asked if RBI has
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IST Share More More than value, it is the longer-term story of banking penetration or financial services penetration opportunity in this country, say analysts. Bank Ltd is likely to outperform the S&P BSE Sensex in the next 60 days on the back of
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Bank Ltd rebounded over 5 per cent in trade on Thursday, towards its biggest single-day gain since Nov. 29, 2012 after being under pressure in the last two weeks. The stock has been under pressure along with other private banks in the last two weeks
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Reserve Bank of India governor DuvvuriSubbarao will meet select bank chief executives on Thursday to discuss risk-based supervision in banks, with recent sting operations on some private banks providing the backdrop. The governor will be joined by
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Bank [ Get Quote ] will auction this month gold jewellery weighing nearly 25 kg, which has been pledged with it for loans and the concerned borrowers have defaulted on their payments...While neither the exact value of the gold ornaments being
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A Working Group on Securing Card-Present Transactions of RBI, chaired by Gowri Mukherjee, said in its report, "A trend in counterfeit card fraud is that counterfeiting typically happens when customers travel internationally." The data revealed in the
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The credit card industry in the country has been hit by a series of frauds over the past couple of months, a scam which could potentially impact a large number of credit card users in days to come. Top card issuing banks have seen unauthorized
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IOC. "We believe state-owned upstream companies are relatively better placed than downstream, with attractive risk-reward," Goldman Sachs said in a report...Their implied value will be Rs 428 and Rs 632, potential variance of 47% and 33%,
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