The Indian banking sector experienced a significant boost on Friday, as stocks rose by up to 7%. The spike was led by Public Sector Undertaking (PSU) banks, following JPMorgan Chase & Co...
State-run lender IOB topped the volume chart on NSE. The stock climbed 3.31 per cent to Rs 45.30, as 20,37,39,453 shares worth Rs 950 crore changed hands on the counter by 1 pm.
Indian domestic equity markets experienced a significant downturn in Wednesday's trading session, with both BSE Sensex and NSE's Nifty50 indices closing with substantial losses. The Sensex...
We have collated a list of three stocks that either hit a fresh 52-week high, or all-time high or saw a volume or a price breakout.
The 30-share BSE Sensex pack surged 256 points or 0.35 per cent to hit an all-time high of 67,774, while the NSE Nifty moved 70 points or 0.34 per cent up to scale a fresh peak of 20,173....
Stocks to watch out for today: Adani Group, SJVN, Tata Power, Rishabh Instruments, IRB Infrastructure, UCO Bank, Ratnaveer Precision Engineering and more
The Reserve Bank of India's decision to allow banks to offer pre-sanctioned credit lines on the Unified Payments Interface (UPI) system will contribute to the growth of transactions,...
By Malvika Gurung Investing.com -- The sectoral index Nifty PSU Bank hit an all-time high of 4,722.25 in the morning session on Tuesday, jumping 1.57% in the intraday trade. The index has...
New Delhi, Aug 11 (IANS) Public sector banks are up in trade but private sector banks are down following RBI's decision to hike CRR provision to curb liquidity.Among private sector banks,...
By Malvika Gurung Investing.com -- A total of 54 listed companies are scheduled to release their financial earnings for the quarter ended June 30, 2023, on Friday, July 28, 2023. The...
New Delhi, July 13 (IANS) Eighteen of India's 20 largest banks saw increases in market capitalization in the second quarter, boosted by a stock rally amid the banking sector's strong...
By Malvika Gurung Investing.com -- Kotak Mahindra Bank (NS:KTKM): The private sector bank’s PAT surged 26% YoY to Rs 3,496 crore in the March quarter, exceeding the Street’s estimate, as...
By Malvika Gurung Investing.com -- The holiday-curtailed week starting on May 1, 2023, will be lined with almost 200 companies set to release earnings results for the quarter ended March 31,...
The IDBI move came on February 27 against the Wadhawan brothers who are among the prime accused in what is billed as India's biggest banking fraud till date, that came to light in February...
By Malvika Gurung Investing.com -- Shares of the state-owned lender UCO Bank (NS:UCBK) surged 4.4% on Wednesday in early trade, hitting the session’s high of Rs 30.75 apiece, following a...
By Malvika Gurung Investing.com -- Bears took over the Indian market a day after benchmark indices snapped a three-session losing run on Tuesday, ahead of Fed Chair Jerome Powell’s speech in...
These bank branches have either been completely shut down or have been merged with another bank branch. Chandrashekhar Gaur, a Right to Information (RTI) activist from Madhya Pradesh's...
New Delhi, Dec 30 (IANS) In a path breaking update, Religare Enterprises Ltd (NS:RELG) on Fridayannounced that in accordance with the terms of the sanction letters received from the OTS...
By Malvika Gurung Investing.com -- The domestic market made a positive opening on Wednesday tracking decent gains on Wall Street in the overnight session and mixed cues from Asian equities....
By Malvika Gurung Investing.com -- Shares of the public-sector lender UCO Bank (NS:UCBK) skyrocketed 20%, hitting an upper circuit and a new 52-week high at Rs 29.1 apiece on Tuesday. The...
The Indian benchmark indices rallied in the month of November after the bulls took charge. On the last day of the month, Nifty topped the 18,800 level, hitting a new record high of...
By Malvika Gurung Investing.com -- The domestic market ended in green on Tuesday, snapping a three-day losing streak, led by gains across PSU banks, IT and metal sectors. Benchmark indices...
By Malvika Gurung Investing.com -- Shares of the public-sector lender UCO Bank (NS:UCBK) zoomed over 14% and hit a new 52-week high of Rs 21.35 apiece on Tuesday after soaring to an upper...
By Malvika Gurung Investing.com -- Shares of the public-sector lender UCO Bank (NS:UCBK) zoomed over 14% and hit a new 52-week high of Rs 21.35 apiece on Tuesday after soaring to an upper...
By Malvika Gurung Investing.com -- The Indian equity market made a soft opening on Monday amid mixed global cues. Benchmark indices Nifty50 gained 0.3% and Sensex rose 0.29% or 179.09 points...
By Malvika Gurung Investing.com -- The domestic market made a soft opening on Tuesday amid mixed market cues as investors remained cautious about strict measures adopted by China to control...
By Malvika Gurung Investing.com -- The domestic market ended lower, extending the trend for the third consecutive session on Monday amid global headwinds including hawkish prospects of...
The shares of UCO Bank (NS:UCBK) opened at Rs 15.85 on Monday and gained as much as 17 percent to reach its new 52-week high of Rs 18.65 in the early trading hours. In the past five...
However, the happy times for the government banks may not continue for much long as competition will soon emerge for deposits, and loans, which, in turn, would increase the cost of funds...
The September quarter results of public sector banks (PSBs) seem to have brought cheer for the Indian banking sector with all the major 12 PSBs recording net profits worth Rs 25,685 crore...
Union Bank of India (NS:UNBK) stock price is up by 60.8 per cent over the last month among the PSU bank stocks. Bank of India (NS:BOI) is up by 56.1 per cent during the month while UCO...
Mumbai, Nov 14 (IANS) IL&FS has commenced Interim Distribution pay-out with Rapid Metro Gurgaon Rail Ltd (RMGL), an IL&FS Group company. The Group has completed distribution of Rs 623.38...
New Delhi, Nov 7 (IANS) Finance Minister Nirmala Sitharaman on Monday lauded all 12 public sector banks for recording combined net profits worth Rs 25,685 crore in the second quarter of the...
New Delhi, Oct 4 (IANS) The efforts of the Indian central bank to promote trade in rupees are bringing results, with state-run UCO Bank (NS:UCBK) receiving necessary RBI approvals to open...
The figures show that as on March 31, 2022, there were 30,359 records of borrowers with defaults of Rs one crore and above, with recovery suits filed against them by various banks, totalling...
Mumbai, May 19 (IANS) Bank employees are again on the warpath with several major unions of different banks threatening to go on a one or two-day strike in May-end, activists said here on...
By Malvika Gurung Investing.com -- ITC (NS:ITC): The cigarettes-to-hotels conglomerate’s net profit in the March quarter surged 11.8% YoY to Rs 4,191 crore, led by strong growth across all...
By Malvika Gurung Investing.com -- State Bank Of India (NS:SBI): The country’s largest public-sector lender’s standalone net profit surged 41% YoY to Rs 9,113.5 crore in the March quarter,...
Chennai, April 29 (IANS) A video of scantily clad women dancing at an event of a government owned bank in a Goa hotel has drawn the ire of a major banking union.C.H.Venkatachalam, General...
New Delhi, April 24 (IANS) In 2015, real estate firm Amrapali Group was at its peak -- with around 50 projects spread across 24 cities. Also, former Indian cricket captain Mahendra Singh...
New Delhi, April 4 (IANS) The Supreme Court was informed on Monday that the first tranche of Rs 150 crore out of the total sum of Rs 1,500 crore, meant for construction of stalled Amrapali...
New Delhi, March 28 (IANS) The Supreme Court on Monday directed the consortium of seven banks to begin disbursing the funds sanctioned for construction of the stalled Amrapali housing...
By Aditya Raghunath Investing.com -- Shares of UCO Bank (NS:UCBK) surged 16% in early trade today before calming down and are currently up 11% as of this report. This jump in price comes...
By Aditya Raghunath Investing.com -- Metal stocks, the darling of stock markets in 2021, led the decline in Nifty 50 and the BSE Sensex 30 today as fears of inflation rose. Global metal...
By Aditya Raghunath Investing.com -- Shares of non-banking lender SREI Infrastructure Finance Ltd (NS:SREI) hit an upper circuit of 20% moments after the opening bell today. The...
April 7 (Reuters) - UCO Bank UCBK.NS :* UCO BANK -APPROVED PROPOSAL FOR ISSUE OF SHARES ON PREFERENTIAL BASIS TO INDIA GOVERNMENT AGAINST CAPITAL INFUSION OF 26 BILLION RUPEES...
By Sethuraman N RBENGALURU, April 1 (Reuters) - Gains in metal and auto stocks helped Indian shares rise more than 1% on Thursday, while capital infusion by the government in some state-run...
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