Tag: Financial services
4 Results
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Expanding avenues
With the steady growth of wealth management firms, investment banking has always been the mainstream choice as a profession for youngsters.
July 27, 2018 -
PNB shares plunge 14% after Q4 loss, Jefferies suggests bailout
Shares of multi-crore fraud hit Punjab National Bank (PNB) slumped around 14 per cent (intra-day) on Wednesday, a day after the bank reported a loss of over Rs 13,000 crore for the fourth quarter of 2017-18. Looking at the bank’s Q4 earnings, financial services company Jeferries said in a report that “the need for a …
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May 16, 2018 -
Cabinet approves Rs 2.11 lakh crore recapitilisation for public sector banks
In a major bid to boost flagging economic growth and increase bank credit flow, the Union Cabinet on Tuesday accorded approval for a massive recapitalisation plan for state-run banks worth Rs 2.11 lakh crore. Of this amount, a sum of Rs 1.55 lakh crore will be raised through recapitalisation bonds, Financial Services Secretary Rajiv Kumar …
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October 24, 2017 -
Boon for placements
Demonetisation has brought windfalls for certain industry sectors like e-commerce, banking and financial services, and technology consulting. These segments have received a shot in the arm and hence are expected to grow and intensify recruitments from B-schools. The year did not start on a positive note for industries that planned to recruit from MBA campuses. …
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December 16, 2016