Best printers for Home

Best Mixer Grinder

Best wired Earphones

Best 43 Inch TV in India

Best Wi Fi Routers

Best Home Theatre in India

Smart Watch under 5000

Best Laptops for Education

Best Laptop for Students

<ul><li><keyword id="2179992" type="General" weightage="20" keywordseo="rbl-bank" source="Orion">RBL Bank</keyword> announced that its long-term CEO <keyword id="186752" type="General" weightage="20" keywordseo="vishwavir-ahuja" source="Orion">Vishwavir Ahuja</keyword> has gone on leave, with Rajeev Ahuja taking up the lead in the interim.</li><li>Apart from this, the <keyword id="6354335" type="General" weightage="20" keywordseo="reserve-bank-of-india" source="Orion">Reserve Bank of India</keyword> also intervened by appointing an additional director on the bank’s board.</li><li>Now, reports suggest that <keyword id="6398943" type="General" weightage="20" keywordseo="rakesh-jhunjhunwala" source="Orion">Rakesh Jhunjhunwala</keyword> and DMart’s <keyword id="6505089" type="General" weightage="20" keywordseo="radhakishan-damani" source="Orion">Radhakishan Damani</keyword> want to pick up a 10% stake in the bank.</li></ul>RBL Bank is in a mini crisis of sorts, with its long-term MD and CEO Vishwavir Ahuja going on a leave and the Reserve Bank of India appointing an additional director on the bank’s board. The stock tanked 20% on Monday (December 27), the first trading day after the decision was made public. <div type="image" title="RBL Bank 01_11_21 to 27_12_21." msid="88515164" hostid="261" caption="&amp;lt;p&amp;gt;RBL Bank share price since November, 2021&amp;lt;/p&amp;gt;"></div> The twist doesn’t end there, either – ace investors Rakesh Jhunjhunwala and DMart’s Radhakishan Damani have <a href="https://twitter.com/CNBCTV18News/status/1475296536980426752">reportedly</a> approached RBI to pick up a 10% stake in RBL Bank, likely to cash in on the opportunity on the horizon. On Friday, RBL Bank’s shares ended the day lower by nearly 3%. In 2021 so far, the company has lost a fourth of its value even as the Bank Nifty index gained over 11%. <cmsannotation type="cmsannotation" annotationid="Why is the RBI intervening in the affairs of RBL Bank?" comment="subhead" text="Why is the RBI intervening in the affairs of RBL Bank?">Why is the RBI intervening in the affairs of RBL Bank?</cmsannotation> While both RBI and RBL Bank have been tight-lipped about the trigger behind the central banker’s intervention, reports suggest that there’s likely more going on between the lines. One of the issues that has been repeated elsewhere is concerns about the asset quality of the bank – the gross non-performing assets (Gross NPA) ratio rose to 5.4% in the September quarter from 3.34% in the year before. Unpaid loans surged in the September quarter, as the moratorium on payments came to an end, particularly in the microfinance segment, which makes for 9% of RBL Bank’s total loan book. <div type="image" title="RBL Bank MFI GNPA ." msid="88516605" hostid="261" caption="&amp;lt;p&amp;gt;RBL Bank microfinance segment GNPA&amp;lt;/p&amp;gt;"></div> However, the rise in bad loans may not be reason enough for the RBI to step in. Earlier this year, RBI had approved Vishwavir Ahuja’s extension as the bank’s CEO till June, 2022. Ahuja going on leave mid-way through his term also signals that there are deeper issues at the bank which have not been disclosed to the public yet. “The sequence of events leading to the sudden exit of Mr. Vishwavir Ahuja along with the induction of Dayal from the RBI on the Board as additional member indicates that everything is not ok with the bank,” noted a letter by All India Bank Employees Association (AIBEA) to Finance Minister Nirmala Sitharaman. <cmsannotation type="cmsannotation" annotationid="If Jhunjhunwala and Damani are interested, there may be some things working at the bank" comment="subhead" text="If Jhunjhunwala and Damani are interested, there may be some things working at the bank">If Jhunjhunwala and Damani are interested, there may be some things working at the bank</cmsannotation> Billionaire investors Rakesh Jhunjhunwala and Radhakishan Damani reportedly want to pick up a 10% stake in RBL. The two are yet to comment on the matter and investors must take these unconfirmed reports with a handful of salt. As the following meme on social media reminds us: <div type="image" title="RJ RD RBL meme" msid="88516710" hostid="261"></div> According to RBL Bank’s new interim CEO Rajeev Ahuja, the bank’s financials remain strong. “These developments are not on account of any concern on advances, asset quality and deposits level of the bank. The bank has the full support of the RBI,” he said. In the September quarter, RBL posted a net profit of ₹30 crore as against a loss of ₹459 crore in the quarter before. This, the bank says, was due to an increase in provisions for the June quarter. Beyond the profits, RBL Bank’s fundamentals remain strong. Its liquidity coverage ratio stood at 155%, as against the 100% mandated by RBI. This means that in the short-term, the bank has enough cash to meet its obligations. RBL Bank’s credit card business – which constitutes 22% of the company’s total loan portfolio – has been a fast growing segment for the company. In fact, one broking firm, B&amp;K Research, recently argued that RBL’s credit card business is performing better than SBI Card, the country’s <a href="https://www.businessinsider.in/finance/banks/news/heres-why-axis-bank-may-be-willing-to-pay-2-billion-to-buy-citis-india-ops/articleshow/88407858.cms">second largest credit card issuer</a>. However, investors should keep in mind that it is still a small player with a 4% market share in the number of cards issued ⁠— even though it has grown from a mere 1% in 2017 ⁠— is trailing far behind SBI Card’s 19% market share. <cmsannotation type="cmsannotation" annotationid="How can the RBI appoint directors on a private bank’s board?" comment="subhead" text="How can the RBI appoint directors on a private bank’s board?">How can the RBI appoint directors on a private bank’s board?</cmsannotation> RBI has in the past appointed additional directors on the boards of banks like Yes Bank, Dhanlaxmi Bank, Ujjivan Small Finance Bank among others. According to Section 36AB of the Banking Regulation Act, 1949, RBI can appoint additional directors to protect the interests of the bank, its depositors, the banking regulations or the overall public interest. Update: Rakesh Jhunjhunwala has now <a href="https://twitter.com/blitzkreigm/status/1475310523960815622">denied</a> reports of acquiring a stake in RBL Bank. SEE ALSO: <a href="https://www.businessinsider.in/stock-market/news/rbl-bank-zee-entertainment-hp-adhesives-and-adani-transmission-among-hot-stocks-on-december-27/slidelist/88514134.cms">RBL Bank, Zee Entertainment, HP Adhesives, and Adani Transmission among hot stocks on December 27</a> <a href="https://www.businessinsider.in/finance/news/income-tax-department-raids-xiaomi-oppo-and-oneplus-offices-in-india/articleshow/88432807.cms">Income Tax department reportedly raids Xiaomi, Oppo and OnePlus offices in India</a> <a href="https://www.businessinsider.in/finance/banks/news/heres-why-axis-bank-may-be-willing-to-pay-2-billion-to-buy-citis-india-ops/articleshow/88407858.cms">Here’s why Axis Bank may be willing to pay $2 billion to buy Citi’s India ops</a>

RBL Bank slumps 20% after CEO goes on leave

RBL Bank, Zee Entertainment, HP Adhesives, and Adani Transmission among hot stocks on December 27

In the aftermath of <keyword id="45660" type="COMPANY" weightage="20" keywordseo="Yes-Bank">Yes Bank</keyword> crisis, Private sector lender <keyword id="2179992" type="COMPANY" weightage="20" keywordseo="RBL-Bank">RBL Bank</keyword> on Wednesday said it is "well capitalised" and there is no adverse change in its asset quality. The statement comes in the wake of the Yes Bank crisis, following which stock prices of various banks went sharply down. "The management of RBL Bank wishes to address the prevailing concerns around the bank which is based on misinformation, and warrants clarification," it said in a statement. The lender further said that: "We wish to re-emphasize that RBL Bank is a fundamentally strong institution. Rumours around financial health and stability of the institution especially in social media seem to be misplaced, motivated and not based on facts". The bank said it is well capitalised, has healthy liquidity, growth is on track and management remains firmly committed. "There has been no material adverse change in the asset quality since we announced our Q3 financial results on January 22, 2020 and our guidance remains consistent," the bank said. The bank further said that it has a capital adequacy ratio of 16.08 per cent with Tier-1 at 15.02 per cent (significantly higher than the prescribed regulatory requirement at 11.5 per cent and 9.5 per cent respectively). "All our business segments are doing well, we continue to expand presence across newer geographies by adding branches and are also hiring more people as previously planned," the statement said adding that the bank continues to attract additional deposits from retail, corporates and institutional segments. Shares of RBL Bank were trading at Rs 230.25, higher by 10.80 per cent over its previous close in early trade on <keyword id="35140" type="COMPANY" weightage="20" keywordseo="BSE">BSE</keyword>. The stock had witnessed significant downtrend and had slumped over 30 per cent in the previous two trading sessions.

RBL Bank assures its investors that it is financially strong and well capitalized

<ul><li>The 30-share BSE index Sensex was down 365.19 points, and the NSE Nifty was trading 0.91% lower at 9:50 am. </li><li>Here’s a list of the top losers and gainers in the Nifty pack. </li><li>These are the top stocks that are buzzing in trade today.</li><li><a href="https://www.businessinsider.in/">Check out the latest news and updates on Business Insider.</a> </li></ul>Indian benchmark indices plunge in early trade on Thursday amid negative cues from global markets. The rising coronavirus cases across Europe, and uncertainty over US presidential elections weigh on investor sentiment. The 30-share BSE index Sensex was down 365.19 points, and the NSE Nifty was trading 0.91% lower at 9:50 am. Here’s a list of the top losers and gainers in the Nifty pack. <table style="border-width: initial; border-style: none;"></colgroup><tbody><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Top Nifty Gainers </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Top Nifty Losers </td></tr><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Axis Bank </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">L&amp;T </td></tr><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Asian Paint </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Titan </td></tr><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">ICICI Bank </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">ONGC </td></tr><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">HCL Tech </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Tata Motors </td></tr><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">TCS </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">HDFC Bank </td></tr></tbody></table>*as of October 29, 10:00 am These are the top stocks in news today. <keyword id="2179992" type="PERSON" weightage="20" keywordseo="RBL-Bank">RBL Bank</keyword> opens 3% higher The shares of private sector bank RBL Bank opened 3% higher after it reported a 165% jump in its September quarter profit to ₹144 crore. The Reserve Bank of India has also allowed Maple Group to acquire up to 10% stake in the bank. Larsen &amp; Toubro dips 4% The shares of engineering and construction giant Larsen &amp; Toubro (L&amp;T) dipped over 4% after it posted a 45% decline in consolidated net profit to ₹1,410.29 crore for the quarter. The company bagged orders worth ₹28,039 crore at the group level during the quarter, registering a decline of 42% compared to the same period last year. Axis Bank gained 2% The shares of lender major Axis Bank gained over 2% in a volatile market after it posted a net <a href="https://www.businessinsider.in/finance/banks/news/axis-bank-q2-results-profit-revenue-fee-collection-and-provisions/articleshow/78913594.cms">profit </a>of ₹1,683 crore for the second quarter ended September 30 against a net loss of ₹112 crore in the same quarter last year. The net interest income (NII) zoomed over 20% to ₹7,326 crore during the quarter under review. <keyword id="6354287" type="UNKNOWN" weightage="20" keywordseo="bharti-airtel">Bharti Airtel</keyword> sheds over 1% The shares of telecom giant Bharti Airtel shed over 1% after the company indicated on Wednesday that it would refrain from bidding for 5G spectrum at the auctions, which were likely to be held early next year, given the current reserve prices. <keyword id="6359357" type="COMPANY" weightage="20" keywordseo="titan">Titan</keyword> down over 4% The jewellery and fashion apparel maker Titan was trading 4% lower after it reported a 37.81% decline in its standalone net profit to ₹199 crore for the quarter ended September 30, on account of higher expenses. <keyword id="6357252" type="UNKNOWN" weightage="20" keywordseo="Hero-MotoCorp">Hero MotoCorp</keyword> trims loss The shares of Hero MotoCorp were trading in a positive trajectory after starting in the red. The company reported a stupendous 9% growth in its consolidated net profit to ₹963.82 crore for the second quarter ended September 30. <keyword id="38797" type="COMPANY" weightage="20" keywordseo="pidilite">Pidilite</keyword> Industries surge 3% The shares of Pidilite Industries surged over 3% after the company signed a definitive agreement with Huntsman Group (USA) for acquiring 100% stake in their Indian subsidiary for approximately ₹2100 crore. SEE ALSO: <a href="https://www.businessinsider.in/business/startups/news/byjus-backer-lightspeed-india-invests-in-a-live-tutoring-platform-teachmint/articleshow/78924152.cms" data-type="tilCustomLink">BYJU'S backer Lightspeed India invests in a live tutoring platform Teachmint</a> <a href="https://www.businessinsider.in/india/news/covid-19-vaccine-updates-pfizer-moderna-to-roll-out-covid-19-vaccine-by-december/articleshow/78924143.cms" data-type="tilCustomLink">COVID-19 vaccine updates: Pfizer, Moderna to roll out COVID-19 vaccine by December</a> <a href="https://www.businessinsider.in/stock-market/news/dow-craters-943-points-in-worst-day-since-june-as-virus-spike-spurs-new-lockdowns/articleshow/78921995.cms" data-type="tilCustomLink">Dow craters 943 points in worst day since June as virus spike spurs new lockdowns</a>

Top stock movers — Bharti Airtel, RBL Bank, Pidilite, Titan, Hero Motocorp, Asian Paints, TCS, L&T and others

<ul><li>In the Asian market, the SGX Nifty was trading 0.45% higher at 7:47 am, indicating a green start for Nifty50. </li><li>Here’s a list of stocks to watch for in trade today. </li><li><a href="https://www.businessinsider.in/">Check out the latest news and updates on Business Insider. </a></li></ul>Amidst positive cues from the global markets, the Indian stock market is likely to open higher. In the Asian market, the SGX Nifty was trading 0.45% higher at 7:47 am, indicating a green start for Nifty50. The US stocks also ended higher on Wednesday on renewed hope of economic stimulus after <a href="https://www.businessinsider.in/stock-market/news/dow-spikes-531-points-for-best-day-in-12-weeks-on-renewed-hopes-of-economic-stimulus/articleshow/78544211.cms">President Donald Trump signalled </a>that he is open to piecemeal stimulus, rather than a single trillion-dollar-plus package. The Dow Jones Industrial Average gained over 530.70 points, whereas the S&amp;P 500 was up over 1.70%. These are the stocks to watch out for during the trading session on October 8: TCS India’s largest software services firm, Tata Consultancy Services (TCS), announced a ₹16,000 crore <a href="https://www.businessinsider.in/business/corporates/news/tcs-announces-16000-crore-buyback-strong-show-in-q2-with-over-20-rise-in-profit/articleshow/78536532.cms">buyback</a> plan at ₹3,000 per equity share. The company also reported a stellar performance in Q2, with 7% QoQ growth in its consolidated net profit to ₹7,475 crore for the quarter ended September 30. The shares of TCS ended 1.42% higher yesterday. Wipro Following the similar lead, TCS’ competitor<a href="https://www.businessinsider.in/business/corporates/news/following-tcs-lead-wipro-announces-plans-to-buyback-shares/articleshow/78537250.cms"> Wipro has also announced</a> that its board will consider a buyback plan on October 13. The shares of Wipro ended 1.80% higher yesterday. Future Retail and RIL The e-commerce giant Amazon has sent a legal notice to Kishore Biyani led Future Group for striking a deal with Reliance Industries (RIL). Amazon has <a href="https://www.business-standard.com/article/companies/amazon-takes-on-future-group-over-deal-with-reliance-sends-legal-notice-120100701732_1.html">accused </a>the latter of breaching its non-compete agreement between the parties. The shares of RIL ended 2.22% higher whereas Future Retail was down 1.83% yesterday. Infosys The tech giant Infosys US-based subsidiary Infosys Public Services developed the Infosys Health Insights Platform (IHIP) in collaboration with Amazon Web Services (AWS), Couchbase, and Knowi. The new platform is part of Infosys Cobalt’s growing portfolio of 14,000 cloud assets Infosys Health Insights Platform is an automated data science platform for public health agencies— that will help agencies scale their analytics capabilities and turn massive amounts of data into valuable insights. The shares of Infosys ended 1.36% higher yesterday. Jet Airways A London-based asset management company, Kalrock Capital, said it had been chosen as the new owners of the<a href="https://economictimes.indiatimes.com/industry/transportation/airlines-/-aviation/london-based-kalrock-capital-says-it-has-won-the-bid-for-jet-airways/articleshow/78541854.cms?from=mdr"> bankrupt airline Jet Airways</a>, along with a UAE investor Murari Lal Jalan. The shares of Jet Airways ended 1.04% lower yesterday. Asian Granito The board of the ceramic wall and floor tile manufacturing company, Asian Granito India will meet on October 23 to consider an increase in authorised share capital, sub-division of shares, and fundraising plans. The shares of Asian Granito ended 0.44% higher yesterday. RBL Bank In its second quarterly update to the stock-exchanges, the private sector bank RBL said its deposits for the quarter grew 3% YoY and 5% QoQ. However, the gross advances decline 1% compared to the same period last year. The shares of RBL Bank ended 2.07% lower yesterday. SEE ALSO: <a href="https://www.businessinsider.in/business/corporates/news/tcs-announces-16000-crore-buyback-strong-show-in-q2-with-over-20-rise-in-profit/articleshow/78536532.cms">TCS announces ₹16,000 crore buyback — strong show in Q2 with 7% rise in profit, margins near two-year high</a> <a href="https://www.businessinsider.in/business/corporates/news/following-tcs-lead-wipro-announces-plans-to-buyback-shares/articleshow/78537250.cms">Following TCS’ lead, Wipro announces plans to buyback shares</a> <a href="https://www.businessinsider.in/finance/banks/news/sbi-new-chief-dinesh-khara-shares-his-stance-on-restructuring-capital-raising-hiring-and-more/articleshow/78534234.cms">SBI’s new chief Dinesh Khara shares his stance on restructuring, capital raising, hiring, and more</a>

Top stocks to watch — TCS, Wipro, Infosys, Future Retail, RIL, Jet Airways and others

<ul><li>At 7:45 am, the SGX Nifty was up 0.11% at 8.72 points pointing towards a higher start for the Nifty50.</li><li>Here’s a list of <keyword id="73648" type="PERSON" weightage="20" keywordseo="Stocks-to-watch">stocks to watch</keyword> for in trade today. </li><li><a href="https://www.businessinsider.in/">Check out the latest news and updates on Business Insider.</a> </li></ul>Indian stock-market indices are likely to open in green on Monday, on the back of positive cues from the Asian markets. At 7:45 am, the SGX Nifty was up 0.11% at 8.72 points pointing towards a higher start for the Nifty50. The Hang Seng Index was also trading 2% higher. These are the stocks to watch out for during the trading session on Monday: Reliance Industries and Future Enterprises Mukesh Ambani owned Reliance Industries on Saturday announced that it had acquired the retail, wholesale, logistics and warehousing business of Kishore Biyani’s Future Group for a lump sum aggregate consideration of ₹24,713 crore. The news may move other Future Group subsidiaries — Future Retail, Future Lifestyle Fashions and Future Consumer— shares as well. The shares of Future Enterprises ended 5% higher on Friday, whereas RIL was trading almost flat. HCL Technologies According to <a href="https://economictimes.indiatimes.com/tech/ites/hcls-us-arm-faces-patent-infringement-claim-related-to-one-of-its-software-products/articleshow/77837559.cms">news reports</a>, HCL Technologies American arm HCL America is facing a patent infringement claim related to one of its software products. The reports suggest that HCL America is due to respond to the lawsuit filed by a<a href="https://economictimes.indiatimes.com/tech/ites/hcls-us-arm-faces-patent-infringement-claim-related-to-one-of-its-software-products/articleshow/77837559.cms"> Texas-based company, Coretek Licensing, by September 28.</a> The shares of HCL Technologies ended nearly a percent lower on Friday. ITC FMCG major ITC on Friday informed stock-exchanges that it is considering merging three of its wholly-owned subsidiaries —- Sunrise Foods, Hobbits International Foods and Sunrise Sheetgrah — with the parent company. The company said its board would meet on September 4 to consider the proposal. The shares of ITC ended nearly a percent higher on Friday. Indiabulls Ventures Indiabulls Ventures on Friday told stock-exchanges that it would raise nearly ₹588 crore via share sale to a clutch of investors. In the filing, the company said it would issue 33.6 million shares, representing about 5.5% shareholding, to six investors. The shares of Indiabulls Ventures ended nearly 8% higher on Friday. RBL Bank RBL Bank in a BSE filing told investors that the Bank MD and CEO Vishwavir Ahuja sold nearly 18,92,900 shares on August 27-28 for ₹38.52 crore. The Bank said Ahuja sold his shares to service personal debt obligation and to meet some family commitments. The shares of RBL Bank ended nearly 5% higher on Friday. Inox Wind Inox Wind on Friday reported a net loss of ₹73 crore for the quarter ended June 30. The company’s revenue from operations fell to ₹97 crore from ₹260 crore in the same quarter last year. The board of Inox Wind approved raising ₹200 crore via issue of securities. The shares of Inox Wind ended nearly 4% lower on Friday. SEE ALSO: <a href="https://www.businessinsider.in/finance/news/from-bank-of-india-and-axis-bank-to-franklin-and-kotak-mutual-fund-lenders-will-vie-for-their-pound-of-flesh-from-the-ambani-biyani-deal/articleshow/77837207.cms" data-type="tilCustomLink">From Bank of India and Axis Bank to Franklin and Kotak Mutual Fund⁠— lenders' will vie for their pound of flesh from the Ambani-Biyani deal</a> <a href="https://www.businessinsider.in/stock-market/news/a-wall-street-chief-strategist-details-4-reasons-why-big-company-profits-have-been-remarkably-resilient-during-the-pandemic-and-explains-how-thats-helped-the-red-hot-stock-rally/articleshow/77836330.cms" data-type="tilCustomLink">A Wall Street chief strategist details 4 reasons why big-company profits have been remarkably resilient during the pandemic — and explains how that’s helped the red-hot stock rally</a>

Top stocks to watch in trade— RIL, Future Enterprises, HCL Technologies, Future Retail, ITC, Indiabulls Ventures, RBL Bank, Inox Wind and more

Globally Wharton, Yale and <keyword id="53675" type="ORGANIZATION" weightage="20" keywordseo="harvard">Harvard</keyword> are the best known institutes whose students believe in giving back pickups once they are established in their life. And the trend seems to be catching up well with Indian business schools as well. This month, IIM-Ahmedabad has raised Rs 7.5 crore from its alumni <keyword id="186752" type="PERSON" weightage="20" keywordseo="Vishwavir-Ahuja">Vishwavir Ahuja</keyword>, managing director of <keyword id="2179992" type="UNKNOWN" weightage="20" keywordseo="RBL-Bank">RBL Bank</keyword>, and Aprameya R and <keyword id="491843" type="PERSON" weightage="20" keywordseo="Raghunandan-G">Raghunandan G</keyword>, cofounders of TaxiForSure, to support infrastructure funding, according to an ET news report. "Alumni response has been overwhelming,” <keyword id="4796652" type="UNKNOWN" weightage="20" keywordseo="ajit-k-motwani">Ajit K Motwani</keyword>, head of the development office at IIM-A told ET. What helped was director <keyword id="1588161" type="UNKNOWN" weightage="20" keywordseo="Ashish-Nanda">Ashish Nanda</keyword>'s Harvard background, which helped foster the culture of alumni giving. The largest individual contribution was Rs 11 crore by an anonymous IIM-A graduate to support heritage campus infrastructure and entrepreneurship scholarships, reports ET. . "IIM-B has now entered a phase of high growth. The second campus is coming up in Jigani in <keyword id="6354321" type="CITY" weightage="20" keywordseo="Bengaluru">Bengaluru</keyword>. In this growth and expansion, alumni and corporate funding will play a significant role,” VK Menon, chief marketing and development officer at IIM-Bangalore told ET. "Alumni have volunteered funds toward construction of a swimming pool, introducing IIM Calcutta Case Research Centre, instituting scholarships and awards and commissioning the proposed sports complex”, <keyword id="4796653" type="UNKNOWN" weightage="20" keywordseo="uttam-kumar-sarkar">Uttam Kumar Sarkar</keyword>, dean of new initiatives and external relations at <keyword id="87135" type="COMPANY" weightage="20" keywordseo="IIM-Calcutta">IIM-Calcutta</keyword> told the financial daily.

IIM students are donating back to the institutes after graduating. Here’s how

<ul><li>The private sector lender saw credit card spends more than double in August, compared to a 40% growth seen by SBI.</li><li>ICICI Bank has grabbed market share from HDFC Bank that was banned from launching new credit cards until August.</li><li>The ban on Mastercard, which ICICI Bank has less exposure to, also helped in boosting spends ahead of the festive season.</li><li>Check out the latest news and updates on <a href="https://www.businessinsider.in/">Business Insider</a>.</li></ul>As fear of a third Covid-19 wave in India eased and festive sales began, ICICI Bank surpassed State Bank of India in credit card spends in August. The private sector lender saw a 127% growth in its credit card spends in August, compared to last year. On the other hand, SBI had to make peace with a much slower growth of 40%, as per the latest <a href="https://rbi.org.in/Scripts/ATMView.aspx">data</a> from the Reserve Bank of India (RBI). <div type="image" title="icici bank stock." msid="86808665" hostid="261"></div> There are at least two reasons why ICICI Bank’s credit cards are getting swiped so often now. RBI had <a href="https://www.bseindia.com/xml-data/corpfiling/AttachHis/893abfb4-95cb-4942-a555-312aef465ef4.pdf">banned</a> HDFC Bank from issuing credit cards in December last year due to multiple glitches in its digital banking system over the past two years. Even as the curb was lifted in August, it gave an opportunity to other lenders, including ICICI Bank, to grab credit card market share from HDFC Bank. <div type="image" title="hdfc bANK STOCK." msid="86808651" hostid="261"></div> “The growth in ICICI Bank credit card spends having surpassed SBI can also be attributed to higher spends per credit card due to quality of customers,” said Parijat Garg, an independent digital lending consultant. "Even as the number of cards issued by SBI and ICICI Bank have been largely similar, clearly ICICI Bank has seen higher credit card spends ahead of the festive season due to a better quality of customers that made higher-value transactions per card, compared to SBI customers,” he said. Among other lenders, IndusInd Bank Ltd. also saw its credit card spends more than double in August compared to last year, while market leader HDFC Bank Ltd. saw a 28% year-on-year increase. Top banks by credit card spends <table style="border-width: initial; border-style: none;" class="redcator-table-advance"></colgroup><tbody><tr><td style="border-left:solid #cccccc 0.75pt;border-right:solid #cccccc 0.75pt;border-bottom:solid #cccccc 0.75pt;border-top:solid #cccccc 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">As of Aug. 2021 </td><td style="border-left:solid #cccccc 0.75pt;border-right:solid #cccccc 0.75pt;border-bottom:solid #cccccc 0.75pt;border-top:solid #cccccc 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Credit Card Spends (in Rs Crore) </td><td style="border-left:solid #cccccc 0.75pt;border-right:solid #cccccc 0.75pt;border-bottom:solid #cccccc 0.75pt;border-top:solid #cccccc 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">YoY increase (in %) </td><td style="border-left:solid #cccccc 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #cccccc 0.75pt;border-top:solid #cccccc 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">MoM increase (in %) </td></tr><tr><td style="border-left:solid #cccccc 0.75pt;border-right:solid #cccccc 0.75pt;border-bottom:solid #cccccc 0.75pt;border-top:solid #cccccc 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">HDFC Bank </td><td style="border-left:solid #cccccc 0.75pt;border-right:solid #cccccc 0.75pt;border-bottom:solid #cccccc 0.75pt;border-top:solid #cccccc 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">20595 </td><td style="border-left:solid #cccccc 0.75pt;border-right:solid #cccccc 0.75pt;border-bottom:solid #cccccc 0.75pt;border-top:solid #cccccc 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">28% </td><td style="border-left:solid #cccccc 0.75pt;border-right:solid #cccccc 0.75pt;border-bottom:solid #cccccc 0.75pt;border-top:solid #cccccc 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">-1% </td></tr><tr><td style="border-left:solid #cccccc 0.75pt;border-right:solid #cccccc 0.75pt;border-bottom:solid #cccccc 0.75pt;border-top:solid #cccccc 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">ICICI Bank </td><td style="border-left:solid #cccccc 0.75pt;border-right:solid #cccccc 0.75pt;border-bottom:solid #cccccc 0.75pt;border-top:solid #cccccc 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">15256 </td><td style="border-left:solid #cccccc 0.75pt;border-right:solid #cccccc 0.75pt;border-bottom:solid #cccccc 0.75pt;border-top:solid #cccccc 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">127% </td><td style="border-left:solid #cccccc 0.75pt;border-right:solid #cccccc 0.75pt;border-bottom:solid #cccccc 0.75pt;border-top:solid #cccccc 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">6% </td></tr><tr><td style="border-left:solid #cccccc 0.75pt;border-right:solid #cccccc 0.75pt;border-bottom:solid #cccccc 0.75pt;border-top:solid #cccccc 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">State Bank Of India </td><td style="border-left:solid #cccccc 0.75pt;border-right:solid #cccccc 0.75pt;border-bottom:solid #cccccc 0.75pt;border-top:solid #cccccc 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">14550 </td><td style="border-left:solid #cccccc 0.75pt;border-right:solid #cccccc 0.75pt;border-bottom:solid #cccccc 0.75pt;border-top:solid #cccccc 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">40% </td><td style="border-left:solid #cccccc 0.75pt;border-right:solid #cccccc 0.75pt;border-bottom:solid #cccccc 0.75pt;border-top:solid #cccccc 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">1% </td></tr><tr><td style="border-left:solid #cccccc 0.75pt;border-right:solid #cccccc 0.75pt;border-bottom:solid #cccccc 0.75pt;border-top:solid #cccccc 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Axis Bank </td><td style="border-left:solid #cccccc 0.75pt;border-right:solid #cccccc 0.75pt;border-bottom:solid #cccccc 0.75pt;border-top:solid #cccccc 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">6830 </td><td style="border-left:solid #cccccc 0.75pt;border-right:solid #cccccc 0.75pt;border-bottom:solid #cccccc 0.75pt;border-top:solid #cccccc 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">69% </td><td style="border-left:solid #cccccc 0.75pt;border-right:solid #cccccc 0.75pt;border-bottom:solid #cccccc 0.75pt;border-top:solid #cccccc 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">11% </td></tr><tr><td style="border-left:solid #cccccc 0.75pt;border-right:solid #cccccc 0.75pt;border-bottom:solid #cccccc 0.75pt;border-top:solid #cccccc 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">CitiBank India </td><td style="border-left:solid #cccccc 0.75pt;border-right:solid #cccccc 0.75pt;border-bottom:solid #cccccc 0.75pt;border-top:solid #cccccc 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">3845 </td><td style="border-left:solid #cccccc 0.75pt;border-right:solid #cccccc 0.75pt;border-bottom:solid #cccccc 0.75pt;border-top:solid #cccccc 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">127% </td><td style="border-left:solid #cccccc 0.75pt;border-right:solid #cccccc 0.75pt;border-bottom:solid #cccccc 0.75pt;border-top:solid #cccccc 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">10% </td></tr><tr><td style="border-left:solid #cccccc 0.75pt;border-right:solid #cccccc 0.75pt;border-bottom:solid #cccccc 0.75pt;border-top:solid #cccccc 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">IndusInd Bank </td><td style="border-left:solid #cccccc 0.75pt;border-right:solid #cccccc 0.75pt;border-bottom:solid #cccccc 0.75pt;border-top:solid #cccccc 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">3655 </td><td style="border-left:solid #cccccc 0.75pt;border-right:solid #cccccc 0.75pt;border-bottom:solid #cccccc 0.75pt;border-top:solid #cccccc 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">48% </td><td style="border-left:solid #cccccc 0.75pt;border-right:solid #cccccc 0.75pt;border-bottom:solid #cccccc 0.75pt;border-top:solid #cccccc 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">11% </td></tr><tr><td style="border-left:solid #cccccc 0.75pt;border-right:solid #cccccc 0.75pt;border-bottom:solid #cccccc 0.75pt;border-top:solid #cccccc 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">RBL Bank </td><td style="border-left:solid #cccccc 0.75pt;border-right:solid #cccccc 0.75pt;border-bottom:solid #cccccc 0.75pt;border-top:solid #cccccc 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">3471 </td><td style="border-left:solid #cccccc 0.75pt;border-right:solid #cccccc 0.75pt;border-bottom:solid #cccccc 0.75pt;border-top:solid #cccccc 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">50% </td><td style="border-left:solid #cccccc 0.75pt;border-right:solid #cccccc 0.75pt;border-bottom:solid #cccccc 0.75pt;border-top:solid #cccccc 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">1% </td></tr><tr><td style="border-left:solid #cccccc 0.75pt;border-right:solid #cccccc 0.75pt;border-bottom:solid #cccccc 0.75pt;border-top:solid #cccccc 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">American Express </td><td style="border-left:solid #cccccc 0.75pt;border-right:solid #cccccc 0.75pt;border-bottom:solid #cccccc 0.75pt;border-top:solid #cccccc 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">2505 </td><td style="border-left:solid #cccccc 0.75pt;border-right:solid #cccccc 0.75pt;border-bottom:solid #cccccc 0.75pt;border-top:solid #cccccc 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">33% </td><td style="border-left:solid #cccccc 0.75pt;border-right:solid #cccccc 0.75pt;border-bottom:solid #cccccc 0.75pt;border-top:solid #cccccc 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">12% </td></tr><tr><td style="border-left:solid #cccccc 0.75pt;border-right:solid #cccccc 0.75pt;border-bottom:solid #cccccc 0.75pt;border-top:solid #cccccc 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Kotak Mahindra Bank </td><td style="border-left:solid #cccccc 0.75pt;border-right:solid #cccccc 0.75pt;border-bottom:solid #cccccc 0.75pt;border-top:solid #cccccc 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">2039 </td><td style="border-left:solid #cccccc 0.75pt;border-right:solid #cccccc 0.75pt;border-bottom:solid #cccccc 0.75pt;border-top:solid #cccccc 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">22% </td><td style="border-left:solid #cccccc 0.75pt;border-right:solid #cccccc 0.75pt;border-bottom:solid #cccccc 0.75pt;border-top:solid #cccccc 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">6% </td></tr><tr><td style="border-left:solid #cccccc 0.75pt;border-right:solid #cccccc 0.75pt;border-bottom:solid #cccccc 0.75pt;border-top:solid #cccccc 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Standard Chartered Bank </td><td style="border-left:solid #cccccc 0.75pt;border-right:solid #cccccc 0.75pt;border-bottom:solid #cccccc 0.75pt;border-top:solid #cccccc 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">1071 </td><td style="border-left:solid #cccccc 0.75pt;border-right:solid #cccccc 0.75pt;border-bottom:solid #cccccc 0.75pt;border-top:solid #cccccc 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">41% </td><td style="border-left:solid #cccccc 0.75pt;border-right:solid #cccccc 0.75pt;border-bottom:solid #cccccc 0.75pt;border-top:solid #cccccc 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">1% </td></tr><tr><td style="border-left:solid #cccccc 0.75pt;border-right:solid #cccccc 0.75pt;border-bottom:solid #cccccc 0.75pt;border-top:solid #cccccc 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Total </td><td style="border-left:solid #cccccc 0.75pt;border-right:solid #cccccc 0.75pt;border-bottom:solid #cccccc 0.75pt;border-top:solid #cccccc 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">77733 </td><td style="border-left:solid #cccccc 0.75pt;border-right:solid #cccccc 0.75pt;border-bottom:solid #cccccc 0.75pt;border-top:solid #cccccc 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">54% </td><td style="border-left:solid #cccccc 0.75pt;border-right:solid #cccccc 0.75pt;border-bottom:solid #cccccc 0.75pt;border-top:solid #cccccc 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">4% </td></tr></tbody><tbody></tbody><tbody></tbody><tbody></tbody><tbody></tbody></table>Source: RBI On an overall basis, credit card spends rose 54% to ₹77,733 crore in August, compared to last year. Compared to July, the preceding month, however, the growth seemed tepid as overall credit card spends grew just 4%. The growth was partly due to a low base effect, as lockdown curbs affected mobility during August last year, which saw nearly two million Covid-19 cases and 28,000 virus deaths-- the <a href="https://www.bbc.com/news/world-asia-india-53981828">highest monthly tally</a> in the world since the pandemic began. SEE ALSO: <a href="https://www.businessinsider.in/business/auto/news/triton-model-h-electric-suv-india-live-pictures-leaked/articleshow/86805977.cms">Exclusive: First live pics of Triton Model H electric SUV leaked ahead of next week’s launch</a> <a href="https://www.businessinsider.in/business/telecom/news/reliance-jio-network-down-in-india-no-internet-no-calls/articleshow/86802857.cms">#JioDown: Reliance Jio network goes down in certain circles, users report they cannot use internet or make calls</a> <a href="https://www.businessinsider.in/business/startups/news/byjus-paytm-oyo-and-ola-are-currently-valued-higher-than-ashok-leyland-indian-hotels-and-escorts/articleshow/86782880.cms">India's largest two-wheeler maker, biggest beer brewer and aluminum producer are smaller than startups like Byju's, Paytm, and OYO</a>

ICICI Bank leaves SBI behind in credit card spends as it chases HDFC Bank in pole position

From Adani Group to Tata Motors and banks ⁠— these 17 stocks have already lost over 10% in last one month

New Delhi, Mar 5 () Shares of Yes Bank zoomed 27 per cent on Thursday amid reports that the government has given the go-ahead to State Bank of India and other financial institutions to take over the capital-starved company.The scrip advanced 25.77 per cent to close at Rs 36.85 on the BSE. During the day, it jumped 29.35 per cent to Rs 37.90. The scrip witnessed a sudden rise after hitting a 52-week low of Rs 28.05.At the NSE, it gained 26.96 per cent to close at Rs 37.20.The company's market valuation rose by Rs 1,926.49 crore to Rs 9,398.49 crore on the BSE.In terms of traded volume, 433.87 lakh shares of the company were traded on the BSE and over 78 crore shares on the NSE during the day.The government has given the go-ahead to State Bank of India and other financial institutions to take over capital-starved Yes Bank, and an announcement is likely to be made soon, highly placed sources said on Thursday.The sources said the government has cleared a plan for a SBI-led consortium to acquire a controlling stake in the bank.Shares of SBI also closed 1.05 per cent higher at Rs 288.30 on the BSE. During the trade, it hit a high of Rs 298.25 and a low of Rs 270.10. "As per media reports, SBI has been told to invest as a lead in a consortium in Yes Bank. Though we may see a big spike in price of Yes Bank and negative reaction in price of SBI, we recommend caution to retail investors," Abhimanyu Sofat, Head of Research, IIFL Securities. The critical thing to watch would be percentage dilution of equity taking into consideration the conversion of existing bonds issued by Yes Bank into equity, he said. In a clarification to stock exchanges on reports that the government is said to have approved SBI's plan to buy stake in Yes Bank, the state-owned lender said it would disclose developments, if any, as per Sebi regulations. "... we will abide by the timelines under Regulation 30 of Sebi (LODR) Regulations 2015 in disclosing the developments, if any in the matter to stock exchanges," it added. Yes Bank said it would like to clarify that as on date, the bank has not received any such communication from RBI or any other government or regulatory authorities or from the SBI. "... we are unaware of any such decision. Therefore, we are not in a position to comment on such news item," Yes Bank said in a filing to the stock exchanges. The bourses had sought clarification on the reports. Yes Bank, which is grappling with bad loans, is looking to raise fresh capital but the plans are facing uncertainties. It has also delayed announcement of December 2019 quarter results due to the ongoing crisis. Meanwhile, the BSE banking pack depicted a mixed trend, with Kotak Mahindra Bank rising 2.74 per cent, RBL Bank 1.93 per cent, IndusInd Bank 0.79 per cent and HDFC Bank 0.23 per cent, while City Union Bank fell 1.66 per cent, ICICI Bank 0.74 per cent, Axis Bank 0.66 per cent and The Federal Bank 0.42 per cent. SUM ANUANU

Yes Bank shares zoom 27 pc amid reports of takeover by SBI-led consortium

<ul><li>The Sensex was trading 1.32% higher, while the Nifty50 was up 1.21%. </li><li>The rally was led by banking and financial stocks.</li><li><a href="https://www.businessinsider.in/">Check out the latest news and updates on Business Insider.</a> </li></ul>Indian benchmark stock index, Sensex advanced over 500 points in early trade on Monday, driven by gains in index-heavyweights HDFC, Reliance Industries and ICICI Bank amid persistent foreign fund inflow and a positive trend in global peers. The Sensex was trading 1.32% higher, while the Nifty50 was up 1.21%. <table style="border-width: initial; border-style: none;"></colgroup><tbody><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Top Nifty Gainers </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Top Nifty Losers </td></tr><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">ONGC </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Airtel </td></tr><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Adani Ports </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">JSW Steel </td></tr><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Indian Oil </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Eicher Motors </td></tr><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Wipro </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Kotak Bank </td></tr><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Infratel </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Shree Chem </td></tr></tbody></table>*as of August 31, 10:15 am These are the top stocks that are buzzing in trade today: Future Retail shares gain nearly 18% Share of Future Retail gained nearly 18% during the morning trade hours on August 31. The surge came after RIL acquired the retail, wholesale, logistics and warehousing business of Future Group for ₹24,713 crore. This also bought a rally in other Future subsidiaries. All the other three subsidiaries — Future Enterprises gained, Future Lifestyle Fashions, Future Consumer — were trading flat after hitting a 5% upper-circuit set by stock-exchanges. RIL also gained 2%. GVK Power and Infrastructure gained nearly 10% GVK Power and Infrastructure shares gained nearly 10% after it informed stock-exchanges that it along with its subsidiaries, GVK Airport Developers Limited and GVK Airport Holdings Limited, have agreed to cooperate with Adani Airport Holdings for its airports business. Post this deal Adani group will acquire all debt from various GVK lenders including a Goldman Sachs led consortium and HDFC, the stock-filing said. Adani ports also gained 4% after this. Indiabulls Ventures was down 8% Indiabulls Ventures shares lost nearly 8% on early trading hours after the company told investors that it would raise nearly ₹588 crore via share sale to a clutch of investors. ONGC gained 5% ahead of the board meet State-owned ONGC gained nearly 5% as its board is slated to meet on September 1 to consider raising funds of up to ₹45,000 crore. According to the stock-exchange filing, the board will also consider and approve the company’s financial results for the quarter ended June 30. Indian Oil Corporation gained 4% Indian Oil Corporation shares gained 4% on August 31 after the company said it is investing ₹14,800 crore in expanding the capacity of its Barauni refinery in Bihar. This <a href="https://www.manufacturingtodayindia.com/products-suppliers/8219-ioc-to-undertake-barauni-refinery-expansion-worth-rs-14800-cr">is the part of over 2,800 projects being executed under the government’s </a>Atma Nirbhar Bharat campaign to boost domestic production and create jobs. SEE ALSO: <a href="https://www.businessinsider.in/stock-market/news/top-stocks-to-watch-ril-future-enterprises-hcl-technologies-future-retail-itc-indiabulls-ventures-rbl-bank-inox-wind-and-more/articleshow/77843125.cms" data-type="tilCustomLink">Top stocks to watch in trade— RIL, Future Enterprises, HCL Technologies, Future Retail, ITC, Indiabulls Ventures, RBL Bank, Inox Wind and more</a> <a href="https://www.businessinsider.in/retail/news/heres-why-reliance-retail-with-almost-12000-stores-bought-future-retail-which-has-just-1500-outlets/articleshow/77843965.cms" data-type="tilCustomLink">Here’s why Reliance Retail with almost 12,000 stores bought Future Retail which has just 1500 outlets</a>

Top stock movers — GVK, Future Enterprises, Future Retail, RIL, IOC, Wipro, Adani Ports, ONGC and more

<ul><li>Benchmark stock indices have broken below the 200-day moving average.</li><li>This is a key level watched by traders and a breach may lead to faster fall in the market.</li><li>Sensex and Nifty have lost over 5.7% since this month as foreign investors pulled out money after the tax on super rich imposed in the latest budget.</li></ul>Indian markets are firmly in a bear grip closing the day at a five-month low. Benchmark indices, Sensex and Nifty, have lost 5.7% since the start of the month and today (July 30), they broke below the average closing price over the last 200 days. This is a key level watched by traders and when it is breached, it indicates a sharper fall ahead. 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 <div type="javascript" title="Custom" contenttype="Image"><cdata><![CDATA[
<div class="flourish-embed" data-src="visualisation/550983"></div>
]]></cdata></div>





































 "The trajectory of the index shall remain downwards with an initial target of 11,100 and below that, a bigger target in the zone of 10,850–10,740 levels can't be ruled out going forward," Mazhar Mohammad, Chief Strategist – Technical Research &amp; Trading Advisory, Chartviewindia.in <a href="https://www.moneycontrol.com/news/business/markets/technical-view-nifty-breaks-200-dma-to-form-big-bearish-candle-next-downside-target-seen-at-11100-4261341.html" data-type="tilCustomLink" target="_blank">told Moneycontrol</a>. The Sensex ended the day down 289.13 points at 37,397.24, while Nifty was down 103.80 points at 11,085.40. All sectoral indices other than IT ended in the red. <table style="width: 96pt;"> </colgroup></colgroup> <tbody><tr> <td class="xl63" style="height:15.0pt;width:48pt">Index</td> <td class="xl64" style="border-left-width: initial; border-left-style: none; width: 48pt;">July 30</td> </tr> <tr> <td class="xl65" style="height: 15pt; border-top-width: initial; border-top-style: none;">PSU Bank</td> <td class="xl66" style="border-top-width: initial; border-top-style: none; border-left-width: initial; border-left-style: none;">-4.90%</td> </tr> <tr> <td class="xl65" style="height: 15pt; border-top-width: initial; border-top-style: none;">Auto</td> <td class="xl67" style="border-top-width: initial; border-top-style: none; border-left-width: initial; border-left-style: none;">-2%</td> </tr> <tr> <td class="xl68" style="height: 15.75pt; border-top-width: initial; border-top-style: none;">Pharma</td> <td class="xl69" style="border-top-width: initial; border-top-style: none; border-left-width: initial; border-left-style: none;">-2.20%</td> </tr></tbody></table> Over <a href="https://www.moneycontrol.com/news/business/markets/d-street-buzz-over-500-stocks-hit-52-week-low-on-bse-including-rbl-bank-hero-moto-vix-jumps-4266201.html" data-type="tilCustomLink" target="_blank">500 stocks hit their lowest level in a year</a> today, including some marquee names like Coffee Day Enterprises, Vodafone Idea, RBL Bank, Ashok Leyland, Bharat Forge, Godrej Consumer, Tata Steel, Tata Motors, Maruti Suzuki, and TVS Motor among others. 
 
 
 <div type="Article" hostid="261" msid="70326918" title="Now is not the time to buy stocks, warns Wall Street veteran John Mauldin" mstype="2" mssubtype="0"></div>







 Mukesh Ambani-owned Reliance Industries, one of the top three stocks in India, has been a drag on the market. The stock has lost over 8% in the last six days wiping out billions in investor wealth. 
 
 
 
 
 
 
 
 
 
 <div type="javascript" title="Custom" contenttype="Image"><cdata><![CDATA[
<div class="flourish-embed" data-src="visualisation/551036"></div>
]]></cdata></div>



















 
 
 
 <div type="Article" hostid="261" msid="70294401" title="Mukesh Ambani's Reliance Industries profit grows 6.8% even as refining margin hits the lowest in 18 quarters" mstype="2" mssubtype="0"></div>







 A bunch of factors have pushed investors in India to pull out money. But none more than the recent budget, which imposed a tax on super rich, which automatically brought in nearly 40% of all foreign portfolio investors in India under a higher tax bracket. This has led to a sharp reaction from the foreign investors who have pulled out $2.5 billion from India in 3 weeks, according to <a href="https://www.indiainfoline.com/article/general-blog/forget-the-monsoons-there-is-fpi-drought-in-july-119073000341_1.html" data-type="tilCustomLink" target="_blank">an India Infoline (IIFL) report</a>. The tax on share buybacks did not go well with foreign investors and neither did the proposal to increase the free float-- shares publicly held for trading-- to 35% from the existing 25%. All of these proposals threatened to eat into the profits that foreign investors could have made. 
 
 
 <div type="Article" hostid="261" msid="70277012" title="A star money manager in India with over a million followers is blaming the budget for perpetuating the bear market in Indian stocks" mstype="2" mssubtype="0"></div>







 A combination of erractic and uncertain monsoon, a fall in consumption, and a slowdown in corporate earnings have further eroded investor confidence. Global factors like the trade war between the US and China, the tensions in the middle east affecting oil prices as well as the fear of the monetary policy moves from the US Fed have also contributed to the fall in India. SEE ALSO: <a href="https://www.businessinsider.in/top-20-mutual-funds-in-india-latest-data/articleshow/70256239.cms" data-type="tilCustomLink" target="_blank">The top 20 mutual funds in India and their performance over the last one year</a> <a href="https://www.businessinsider.in/share-price-of-maruti-tata-motors-and-mahindra-fall-as-government-pushes-for-electric-cars/articleshow/70430370.cms" data-type="tilCustomLink" target="_blank">India's push for electric vehicles is haemorrhaging car makers</a> <a href="https://www.businessinsider.in/hdfc-bank-reliance-industries-tcs-infosys-indusind-bank/articleshow/70329099.cms" data-type="tilCustomLink" target="_blank">Six Indian blue-chip companies have declared earnings so far - most of them lack the 'markets mojo'</a>

Sensex and Nifty have hit a 5-month low and the fall will be sharper hereon

<ul><li>While benchmark index Sensex has gained 1.55% in the last one month, these 10 stocks have lost more than 15% each during the period.</li><li>Note that markets across the globe have been very volatile and witnessed huge sell-off on expectation that the US Fed will hike interest rates sooner.</li><li>Check out the latest budget news and updates on <a href="https://www.businessinsider.in/budget">Business Insider</a>.</li></ul>Some of the most valuable stocks like Wipro, L&amp;T Infotech, Mindtree, Infoedge have witnessed huge sell-offs in the last 30 days. Some of it is also because investors across the globe are worried about high inflation and tighter monetary policies. Global markets have been very <a href="https://www.businessinsider.in/stock-market/news/indian-markets-see-huge-sell-off-after-us-fed-says-interest-rate-hike-will-be-sooner-than-expected/articleshow/88728326.cms#:~:text=sooner%20than%20expected-,Indian%20markets%20see%20huge%20sell%2Doff%20after%20US%20Fed%20says,will%20be%20sooner%20than%20expected&amp;text=Markets%20were%20swayed%20by%20the,will%20stop%20economic%20stimulus%20measures.">volatile in the last one month on expectation </a>that the US Fed will hike interest rates sooner and will stop measures for economic stimulus. In the last one month benchmark index Sensex has gained 1.55%. Here are 10 stocks that have lost more than 15% each during the period. <table style="border-width: initial; border-style: none; table-layout: fixed; width: 468pt;"></colgroup><tbody><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Top 10 losers that lost more than 15% in last one month </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">% change </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">RBL Bank </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">-20% </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Dr Lal Pathlabs </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">-18% </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Zee Entertainment </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">-18% </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Info Edge </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">-16% </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Indraprastha Gas </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">-18% </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Wipro </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">-16% </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Vodafone Idea </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">-19% </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Mindtree </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">-15% </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">PI Industries </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">-15% </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">L&amp;T Infotech </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">-15% </td></tr></tbody></table>Shares of <a href="https://www.businessinsider.in/stock-market/news/rbl-bank-bandhan-bank-strides-pharma-saw-sharp-losses-this-year/slidelist/88614089.cms#slideid=88614546">RBL Bank </a>and <a href="https://www.businessinsider.in/stock-market/news/zee-entertainment-shares-hits-upper-circuit-after-two-independent-directors-resign-on-investors-demand/articleshow/86189814.cms">Zee Entertainment Enterprises </a>have been under pressure for several months because of corporate misgovernance at the management level. Shares of technology and pharma companies have fallen the most in the last one month. Telecom operator Vodafone Idea’s fell sharply on ballooning losses and declining subscriber numbers. Meanwhile, Info Edge slipped significantly after its invested companies —online food aggregator Zomato and online insurance distributor PolicyBazaar — saw huge sell-off since IPO listing. While the emerging electric vehicle industry is booming for the right reasons, some gas companies are worried about their future. The government's efforts on promoting green energy to control pollution pose a threat to the growth of compressed natural gas sales for Indraprastha Gas. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/stock-market/news/icici-bank-has-potential-to-make-lot-of-money-for-investors-say-analysts/articleshow/89086297.cms">ICICI Bank shares are sulking with the rest of the market, but analysts say it could make a lot of money for investors</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/telecom/news/there-is-a-silver-lining-in-vodafone-ideas-dark-numbers/articleshow/89086056.cms">There is a silver lining in Vodafone Idea’s dark numbers</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/corporates/news/adani-wilmar-is-looking-to-acquire-southern-players-in-edible-oil-fmcg-industry/articleshow/89080514.cms">Fortune oil maker Adani Wilmar is looking to acquire southern players in edible oil, FMCG industry</a>

You Searched For "RBL bank news" and got 13 results

RBL Bank slumps 20% after CEO goes on leave

Rounak Jain

RBL Bank, Zee Entertainment, HP Adhesives, and Adani Transmission among hot stocks on December 27

Rounak Jain

RBL Bank assures its investors that it is financially strong and well capitalized

PTI

Top stock movers — Bharti Airtel, RBL Bank, Pidilite, Titan, Hero Motocorp, Asian Paints, TCS, L&T and others

Navdeep Yadav

Top stocks to watch — TCS, Wipro, Infosys, Future Retail, RIL, Jet Airways and others

Navdeep Yadav

Top stocks to watch in trade— RIL, Future Enterprises, HCL Technologies, Future Retail, ITC, Indiabulls Ventures, RBL Bank, Inox Wind and more

Navdeep Yadav

IIM students are donating back to the institutes after graduating. Here’s how

BI India Bureau

ICICI Bank leaves SBI behind in credit card spends as it chases HDFC Bank in pole position

Ridhima Saxena

From Adani Group to Tata Motors and banks ⁠— these 17 stocks have already lost over 10% in last one month

Bhakti Makwana

Yes Bank shares zoom 27 pc amid reports of takeover by SBI-led consortium

PTI

Top stock movers — GVK, Future Enterprises, Future Retail, RIL, IOC, Wipro, Adani Ports, ONGC and more

Navdeep Yadav

Sensex and Nifty have hit a 5-month low and the fall will be sharper hereon

Sriram Iyer

Wipro, L&T Infotech, Zee Entertainment, Mindtree among top losers that hit investors’ portfolio in the last one month

Bhakti Makwana

Popular Keywords

Buying Guides