Canara Bank, part of the PSU banking space, hit a fresh 52-week high in September 2023 and the chart patterns suggest that the rally may not be over yet. Short-term …
Mumbai: Lenders to the debt-laden textile company Sumeet Industries are in negotiations with the Gujarat-based Gajera Group to improve its offer after its initial bid to take over the company …
MUMBAI: Banks have stepped up issuances of certificates of deposit to meet funding requirements amid tighter liquidity conditions after the Reserve Bank of India (RBI) implemented steps to drain out …
Mumbai: Shares of banks weakened on Thursday in reaction to the Reserve Bank of India’s move to impose an incremental cash reserve ratio (CRR) as part of its attempts to …
Penny stocks are often treated like ‘kachra’ stocks by matured investors who happily ignore all get-rich-quick schemes. However, one can’t help but take notice when foreign institutional investors or FIIs …
Equity benchmark indices Sensex and Nifty fell by 1% on Wednesday on weak global market trends and continuous foreign fund outflows. Fitch Ratings has downgraded the United States government’s credit …
Canara Bank expects its mutual fund and insurance joint ventures to apply for their IPOs over the next 18 months as the other shareholders have agreed in principle to the …
Canara Bank on Monday announced that its standalone net profit jumped 75% year-on-year (YoY) to Rs 3,535 crore for the quarter ended June. It was Rs 2,022 crore in the …
Retaining its price target, Macquarie, in a note, said that it did not ascribe value accretion from JFSL (erstwhile Reliance Strategic Investments). With the key tactical catalyst in the form …