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1-10 results from 1000 for query «banking»

21 September, 2018 9:32 AM DHFL Shares Plunge 60% In Intra-Day Trade

As housing finance companies led a panic sell-off on Dalal Street in Friday's trade, Dewan Housing Finance Corp Ltd (DHFL) stocks were among the worst-hit. DHFL shares plunged nearly 60 per cent in trade before recovering towards the closing session. At 3:16 pm, DHFL shares traded at Rs 350.10, down Rs 260.50 or 42.66 per cent on the Bombay Stock Exchange 34

21 September, 2018 4:15 AM Wells Fargo to reduce headcount by 5-10% in next 3 years

Wells Fargo & Co said on Thursday it would reduce its headcount by about 5 percent to 10 percent within the next three years. The reduction will reflect displacements as well as normal team-member attrition over that period, the fourth-largest US bank said. Wells Fargo, smarting from a prolonged sales scandal in its retail banking business, has been a subject 30

18 September, 2018 12:02 PM Sensex crashes nearly 300 points, Nifty slips below 11,300

New Delhi: Stock market crashed on Tuesday amid choppy trade and negative global cues following reports of fresh US tariffs announced on Chinese imports. The BSE Sensex fell 294.84 points to 37,290.67. The NSE Nifty went down by 98.85 points to 11,278.90. Among the sectors, banking stocks witnessed heavy selling pressure, a day after the government proposed 52

18 September, 2018 3:59 AM Sensex Up Nearly 100 Points, Nifty At 11,388

The domestic stock markets started Tuesday's session on a positive note. The S&P BSE Sensex opened at 37,660.19 and the Nifty50 index of the National Stock Exchange (NSE) at 11,381.55. At 9:20 am, the 30-share Sensex was up 96.08 points or 0.26 per cent to 37,681.59 and the 50-share Nifty gained 10.80 points or 0.09 per cent to 11,388.55. The top five gainers 43

17 September, 2018 1:48 PM Bank Of Baroda, Dena Bank, Vijaya Bank To Create India's 3rd Largest Bank: 10 Points

The government said the merger will be the first-ever three-way consolidation of banks in the country. The government said on Monday announced a plan to merge three state-run banks. Dena Bank, Vijaya Bank and Bank of Baroda will be merged to create the third largest bank in the country, as part of efforts to clean up the country's banking system, an official 63

17 September, 2018 10:36 AM Sensex crashes over 500 points, Nifty slips below 10,400

New Delhi: Stock markets extended sharp fall by crashing more than 1 percent on Monday amidst negative global cues as investors cashed profits in banking, consumer durables, oil & gas and PSU stocks. The BSE Sensex, fell 505.13 points or 1.33 percent to close at 37,585.51. The wider NSE Nifty50 also dropped 137.45 points or 1.19 percent to 11,377.75. Globally 51

14 September, 2018 12:45 PM Yes Bank to raise over Rs 3,000 cr via bonds, complying with Basel-III norms

This will align the full implementation of Basel-III in India closer to the internationally agreed date of 1 January 2019 Private sector lender Yes Bank said, on Friday, it will raise up to Rs 3,042 crore by issuing bonds to comply with Basel-III norms. The capital raising committee of the board of the bank approved issuing 30,420 rated listed non-convertible 55

14 September, 2018 3:59 AM Donald Trump Nominates Indian-American To Key Administration Post

Bimal Patel, from Georgia, has been nominated to be an Assistant Secretary of the Treasury for Financial Institutions by US President Donald Trump. Indian-American Bimal Patel has been nominated to a key administrative position in the Treasury Department by US President Donald Trump. Mr Patel, from Georgia, has been nominated to be an Assistant Secretary 45

13 September, 2018 3:13 PM Mudra Yojana Offers Up To Rs 10 Lakh-Loan: Eligibility, Mudra Cards, Credit Limit

Pradhan Mantri MUDRA Yojana (PMMY) offers loans up to Rs 10 lakh to non-corporate, non-farm small/ micro enterprises. These loans are given by commercial banks, regional rural banks, small finance banks, cooperative banks, micro finance institutions and non-banking finance companies. Loans worth Rs 82,440.87 crore have so far been sanctioned in financial 50

12 September, 2018 10:50 AM Disclose amount of demonetised currency deposited in Jan Dhan accounts: CIC to RBI

The Central Information Commission has directed the Reserve Bank of India to disclose the amount deposited in Jan Dhan accounts of various banks in the form of demonetised currency. Launched in August 2014, Pradhan Mantri Jan-Dhan Yojana is a national mission for financial inclusion to ensure access to financial services — banking or savings and deposit 52