Bring out white paper on banking system: Congress to NDA

Feb 18 2018

The Congress alleged "fraudsters" were linked to the "highest echelons" of the BJP-led NDA and urged the government to bring out a white paper on the banking system.

'PNB incident shows vulnerability of Indian banking system'

Feb 16 2018

"The PNB incident should open our eyes to the malaise and a huge gap that exists in building a foolproof risk detection and management."

BSE Sensex sinks 287 points; PNB falls for third day

Feb 16 2018

Giving up early gains, benchmark Sensex tumbled 287 points to end at 34,010.76 on widespread selling in auto, metal, PSU, capital goods, realty and banking counters.

Standard Life Aberdeen hit as biggest client Lloyds pulls plug

Feb 15 2018

Standard Life Aberdeen said it had been served notice on a 109 billion pound ($153 billion) asset management deal by its biggest client, Lloyds Banking Group.

Rahul Gandhi attacks PM Modi for Nirav Modi's banking fraud

Feb 15 2018

Rahul said Nirvav Modi's Rs 11,500 crore fraud was a guide to "looting India" which involves getting closer to and hugging Prime Minister Narendra Modi.

New NPA resolution framework long-term positive: Report

Feb 14 2018

The report states that the new framework has the potential to bring about a big change in the approach of banks to monitor their exposures and resolution of NPAs.

RBI's new norms to speed up resolution of stressed assets

Feb 13 2018

The revised framework has specified norms for "early identification" of stressed assets, timelines for implementation of resolution plans.

Lloyds Group sets targets for ethnic minority representation

Feb 12 2018

Lloyds will increase the representation of ethnic minorities in its senior management to 8 percent, becoming the first FTSE 100 company to set a public target for this.

Bank lending in spotlight as Australian inquiry begins

Feb 12 2018

A govt-backed inquiry into Australia’s finance sector said it will start its investigation by scrutinizing the selling tactics of banks’ lucrative products - mortgages.

Australia's big banks focus on job cuts as inquiry looms

Feb 12 2018

Australia’s big banks are responding to a revenue crunch by cutting jobs and other costs, prompting fears on the eve of an inquiry into their businesses.

Indian Markets


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Global Markets


Stocks In News



Promoter Instant Holdings bought over 1% stake, or 28 lk skares, in co for Rs 111 Cr

Shares acquired at average price of Rs 395.95

By Dec 2017, Instant Holdings held 1.80 cr shares, or 7.01% stake, in Co

Mint Reports


Automotive Tyre Mfg Association says shortage of carbon black may shutdown plants

Demand supply gap has gone up to 20% in FY18

Financial Express Reports


Centre urges graphite electrode mfg cos to cut local prices

Also signaled possibility of introduction of an export tax

Graphite electrodes are used to melt scrap to produce new steel

Financial Express Reports


Arm Buys 4.84% More Stake In Ranbaxy Malaysia For 1.66 Mn Ringgit


Acquires 46% stake in PTCL with a total Enterprise Value of Rs 232 Cr

Acquisition indicated to be completed by Q1 FY19

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