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central bank of india

NPA provisioning for banks moderates in Q2 driven by PSBs

by Tudur Aled
NPA provisioning for banks moderates in Q2 driven by PSBs

Provisioning for bad loans by banks fell in the September quarter for the second consecutive period based on year-on-year comparison driven by the public sector banks (PSBs). For a sample …

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Small and midcap stocks rally up to 44% in one week amid existing market weakness

by Tudur Aled
Small and midcap stocks rally up to 44% in one week amid existing market weakness

Amid an overall weak market sentiment, individual small and midcap stocks enjoyed their northward rally with shares of WPIL Ltd surging by as high as 44.16% in just one week. …

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stocks to buy | pharma | Midcap IT | PSU banks: Go overweight on pharma; buy midcap IT basket, tier II PSU banks now: Dipan Mehta

by Tudur Aled
stocks to buy | pharma | Midcap IT | PSU banks: Go overweight on pharma; buy midcap IT basket, tier II PSU banks now: Dipan Mehta

Dipan Mehta, Director, Elixir Equities, says pharma could be one segment where investors should be overweight and that may surprise early on the earnings front as well. So, when one …

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q1 earnings today: Q1 results today: Infosys, Tata Technologies among 45 companies to announce earnings on Thursday

by Tudur Aled
q1 earnings today: Q1 results today: Infosys, Tata Technologies among 45 companies to announce earnings on Thursday

The first quarter earnings season is underway and about 45 companies will announce their earnings on Thursday. Key results investors need to watch out for include that of Infosys, Polycab …

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go first: Go First creditors to take possession of pledged land parcel

by Tudur Aled
go first: Go First creditors to take possession of pledged land parcel

Mumbai: Lenders to Go First have moved to enforce their rights to a 94-acre land parcel that was kept as collateral against loans taken by the bankrupt airline, even as …

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PSU bank stocks vs private banks: Who will win the race in the tale of two opposites?

by Tudur Aled
PSU bank stocks vs private banks: Who will win the race in the tale of two opposites?

While bulls aren’t yet ready to give up on the potential of PSU bank stocks given the sharp earnings turnaround, the case for the underdogs is getting louder as the …

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YES Bank, Canara Bank among 10 counters that saw a decrease in NPAs in Q2 – Taking Stock

by Tudur Aled
YES Bank, Canara Bank among 10 counters that saw a decrease in NPAs in Q2 – Taking Stock

SBI Life Share Price 1413.95 03:58 PM | 17 Nov 2023 54.00(3.97%) HDFC LIFE INSURANCE Share Price 651.80 03:59 PM | 17 Nov 2023 16.85(2.65%) Apollo Hospitals Enterprises Share Price …

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PSU banks’ asset quality up, Q2 bad loan provision drops

by Tudur Aled
PSU banks’ asset quality up, Q2 bad loan provision drops

Public sector undertaking (PSU) banks have gained significant attention of investors over the past few quarters following their improving financial condition and better asset quality. The Nifty PSU Banks index …

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BC Jindal Group: BC Jindal Group Co’s the sole bidder for Future Enterprises

by Tudur Aled
BC Jindal Group: BC Jindal Group Co’s the sole bidder for Future Enterprises

Mumbai: Kolkata-based steel tubes and pipes maker Jindal (India), part of the BC Jindal Group, has emerged as the sole bidder for debt-laden Future Enterprises (FEL) after a more than …

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Market Capitalization: Indian Overseas Bank saw its market capitalization nearly double during July-Sep quarter

by Tudur Aled
Market Capitalization: Indian Overseas Bank saw its market capitalization nearly double during July-Sep quarter

91.60 percent gain propelled the state-owned lender to the eighth place in the top 20 Indian banks by market capitalization as of September 30, from rank 14 three months ago. …

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