HDFC Bank shares decline as BofA downgrades stock
Global brokerage firm BofA downgraded the stock of HDFC Bank to 'neutral' from 'buy’ resulting in the decline of bank’s shares nearly a percent to Rs 1,622 a piece on Wednesday.
Global brokerage firm BofA downgraded the stock of HDFC Bank to 'neutral' from 'buy’ resulting in the decline of bank’s shares nearly a percent to Rs 1,622 a piece on Wednesday.
The state boasts of the highest number of women beneficiaries of the scheme.
For every rupee lost to fraud by individuals, organisations incur an average cost of Rs 4 (Rs 3.07 for retailers and Rs 4.64 for financial institutions), a survey said on Monday.
A special programme organized at the corporate office of the bank was inaugurated by P Daniel, secretary, Central Vigilance Commission.
The Odisha Government on Wednesday signed a Memorandum of Understanding (MoU) with six public sector banks to provide banking services…
The Central Bureau of Investigation (CBI) has booked two Ghaziabad-based private firms and their officials in connection with a Rs…
In affordable housing loan sector, the bank is set into almost 15 percent of their total lending corpus and planning to inroad more into this segment as their priority area.
The Central Bureau of Investigation (CBI) said on Monday that it has registered a case against Greendiamz Biotech Pvt. Ltd.
The Enforcement Directorate (ED) on Wednesday said that they have attached assets worth Rs 517.81 crore belonging to SKS Ispat & Power Ltd. These assets include land, buildings, plants, and machinery, an official said.
The IRDP alone accounted for 40 per cent of the losses incurred by commercial banks in rural lending in India. By the end of the 1980s, great concern began to be expressed about public sector banks' low capital base, low profitability, and the high percentage of non-performing assets, whose earnings were invariably lower than their loan losses and transaction costs. They required continual refinancing and recapitalization by apex institutions. The final nail in the coffin was the official loan waiver of 1989, which destroyed whatever semblance of credit discipline remained