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Tata Steel rating upgrade and significant stock movements mark Tuesday's trading
Investing.com via Yahoo Singapore Finance· 9 months agoOn Tuesday, a series of significant events unfolded in the Indian stock market, affecting several major companies. Tata Steel saw its long-term rating raised by Moody's (NYSE:MCO) from Ba1 to ...
RBI imposes penalties on State Bank of India and two other state-owned banks for regulatory...
Investing.com via Yahoo Singapore Finance· 9 months agoThe Reserve Bank of India (RBI) has imposed penalties on three state-owned banks, including the State Bank of India (SBI), Indian Bank, and Punjab&Sind Bank, for violation of various regulatory norms. The announcement was made on Monday.
India's banking sector sees significant surge following JPMorgan's inclusion of government bonds in...
Investing.com via Yahoo Singapore Finance· 9 months agoThe Indian banking sector experienced a significant boost on Friday, as stocks rose by up to 7%. The spike was led by Public Sector Undertaking (PSU) banks, following JPMorgan Chase&Co (NYSE ...
India central bank pushes for stronger governance at banks
Reuters via Yahoo Singapore Finance· 1 year agoIndia's central bank on Monday pushed the country's lenders to strengthen their boards and increase...
Indian banks' fundraising spree to continue in Jan-Mar to enhance capital - analysts
Reuters via Yahoo News Singapore· 2 years agoIndian banks could continue to actively raise funds via debt markets in the January-March quarter as...
India's Punjab & Sind bank chief declares war against bad loans
Reuters via Yahoo Singapore Finance· 2 years agoThe focus for India's Punjab & Sind Bank is to reduce its bad loans and improve recoveries to ensure that gross non-performing assets fall below 10% by the end of FY23, the state-owned lender's ...