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3 mins read

India's banking stocks are on fire after top court allows them to call out bad loans

Indian banks are rallying on the stock market after the Supreme Court’s judgement on the loan morat…

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1 min read

Indian Overseas Bank Q3 net loss widens to Rs 6,075 cr on higher bad loan provisioning

On NPA divergence for 2018-19, the bank said there was a gap of Rs 358 crore in gross bad loans, a…

PTI   


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1 min read

Indian Overseas Bank mulls FPO next fiscal

He said the Chennai-based lender is in the process ofimproving its performance in terms of controll…

PTI   


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Top stocks to watch today— Wipro, Future Retail, RIL, Divi’s Lab, SBI Life Insurance, Hindalco, Rossari Biotech and more

Indian stock-market indices are likely to open in green on Friday, on the back of positive cues fro…

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2 mins read

Efforts of banks under PCA frameworks are being monitored: RBI Governor

Last year in August, the government announced the consolidation of ten public sector banks (PSBs) i…

PTI   


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HDFC Bank deploys mobile ATM in city

The locations for deployment are being identified inconsultation with all local municipal authoriti…

PTI   


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1 min read

Indian Overseas Bank expects to become profitable in Q4 FY20: MD & CEO

"In the December quarter, we made higher provisions and, therefore, we incurred a huge loss. That …

PTI   


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4 mins read

Three Anil Ambani companies have reportedly been accused of fraud by banks⁠ — the amount at stake is nearly ten times more than what Mallya owed

India’s infamous fallen billionaire, Anil Ambani, may have claimed that his ‘net worth is zero’ b…

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1 min read

Shares of Indian Overseas Bank rose for the second day. Know why

Indian Overseas Bank, a government-owned lender, rose for the 2nd day after it made a preferential …

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1 min read

Have bank stocks started reacting to apprehensions of US Fed meeting?

IOB said its first quarter consolidated Net Profit fell 50 percent to 14.7 crore rupees compared …

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2 mins read

The irony: Adblock Plus has been running its own pop-up ads

"We have not run any ads on any of our users. We felt a notification to people who use our product …

Lara O'Reilly   


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The Most Positive Thing We've Read About Greece In A Long Time

Elstat released preliminary Q4 12 GDP data. The seasonally adjusted real GDP series contracted by -…