Tag: Bank

Use your Health Savings Account

Market
The dream of scraping together $1 million in a health savings account by retirement might sound pie in the sky, but it’s not impossible. If you start early, contribute the maximum...

Sebi slaps Rs 10 lakh penalty on Axis Securities for violating stock brokers rules

Stocks
Capital markets regulator Sebi has imposed a penalty of Rs 10 lakh on Axis Securities for flouting stock brokers rules as well as other regulatory norms. The penalty has to be paid by the brokerage...

Punjab & Sind Bank to raise Rs 2,000 cr via QIP this quarter: MD & CEO Swarup Kumar Saha

Stocks
State-owned Punjab and Sind Bank plans to raise Rs 2,000 crore through Qualified Institutional Placement (QIP) during the ongoing quarter, a top official...

Ahead of Market: 10 things that will decide stock market action on Wednesday

Stocks
The Indian market ended 2024 with an annual return of about 8%, with Sensex and Nifty sustaining their winning streaks for the ninth...

Ahead of Market: 10 things that will decide stock market action on Friday

Stocks
Indian benchmark indices ended flat on the monthly expiry day today (Thursday, December 26) amid a range bound trade. The weakness was on...

Sri Lanka central bank fines Indian Bank

Business
CHENNAI: The Central Bank of Sri Lanka has penalised state-owned Indian Bank for failing to conform to the provisions of Financial...

Ahead of Market: 10 things that will decide stock market action on Friday

Stocks
The Indian market ended in red on Thursday, tracking heavy selling in global equities after the U.S. Federal Reserve signalled fewer interest rate...

Ahead of Market: 10 things that will decide stock market action on Friday

Stocks
The Indian market ended in red on Thursday as a surge in rate-sensitive IT stocks due to the near-certainty of a U.S. rate...

Torrent Power Rs 3,500 cr QIP over subscribed 4 times

Stocks
Torrent Power on Monday said its Rs 3,500 crore qualified institutional placement (QIP) issue was oversubscribed four times. The issue received bids of...

Tech View: Nifty forms long bull candle with minor shadow. What should traders do on Monday?

Stocks
Reserve Bank of India's (RBI) CRR cut temporarily lifted markets mood but they eventually finished with declines, ending their five sessions gaining streak....

Nifty begins December series at higher open interest base, suggests F&O rollover data. What does this indicate?

Stocks
Nifty futures will start the December series at higher open interest (OI) base with futures rollovers standing at 79% as against 76% averaged...

Gold holds up incremental value of forex reserves

Economy
The Reserve Bank of India’s gold purchases has helped the central bank to hold up foreign exchange reserves amidst a huge pullout by...

IFC commits $ 400 mn to Bajaj Finance to help boost climate finance, empower women

Stocks
IFC, a member of the World Bank Group, has committed USD 400 million (about Rs 3,300 crore) to help expand access to finance...

Adani Enterprises announces Rs 2,000 crore fundraise via NCDs, withdrawal of scheme of arrangement with Adani Wilmar

Stocks
The board of Adani Enterprises today approved a fundraise via public issuance of Non-Convertible Debentures worth Rs 2,000 crore along with the withdrawal...
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