Search Results for: equity investors

Good news for depositors as Moratorium on Yes Bank to be removed on March 18

On March 5, the Reserve Bank of India superseded the board of Yes Bank after it was unable to raise fresh capital.

Mar 14, 2020

SBI, ICICI Bank, HDFC Bank, LIC, others to invest Rs 11,700 crore to revive Yes Bank

Public-sector undertaking State Bank of India will be joined by seven other private lenders namely HDFC Bank, ICICI Bank, Kotak Bank, Axis Bank, Damani, Jhunjhunwala, and Azim Premji Trust to pick up stake and support revival of Yes Bank. LIC has also been roped in by the RBI to revive the private-sector lender

Mar 13, 2020

Roller coaster Friday: Sensex recovers whopping 5400 points after hitting lower circuit

Soon after the trading session was resumed, the indices at both BSE and NSE Sensex and Nifty shot up as much as 5,381 points and 1,604 points, respectively, from their early morning lows.

Mar 13, 2020

Coronavirus carnage: Sensex plummets over 3,000 points crash; trading halts for 45 mins

The S&P BSE Sensex was down over 3000 points to hit below 30,000 levels while the NSE barometer Nifty plummetted nearly 1,000 points or 10.07 per cent.

Mar 13, 2020

Coronavirus scares: Contingency planning on top of the agenda for global financial firms

Large financial institutions and corporates are ramping up their contingency planning efforts to combat the spread of coronavirus amongst its staffers, which include telling them to self-quarantine for 14 days if exposed to someone suffering from the virus, deep cleaning of offices and splitting operations such that some staff can work-from-home in affected regions.

Mar 12, 2020

Stock markets bleeds: Sensex crashes 2,700 points, Nifty below 10,000 mark amid Covid-19 fears

The US S&P 500 futures slipped as much as 4.9 per cent, a day after losing 4.89 per cent, putting the index firmly in a bear market territory for the first time since the 2008 global economic crisis.

Mar 12, 2020

Yes Bank enables inward IMPS, NEFT transactions; customers can now pay dues

In a tweet, Yes Bank said the customers can pay their credit card dues and loan from other bank accounts using the two wire transfer services.

Mar 10, 2020

Two Amazon employees tested positive for COVID-19

Stocks savaged, Italy on lockdown, Trump seeks to reassure as coronavirus spreads

All of Italy under lockdown, reeling financial markets and rioting prisoners made clear on Monday, March 10 how the global coronavirus epidemic was extending its reach into all aspects of social and economic life.

Mar 10, 2020

Founder and former managing director of Yes Bank Ltd, Rana Kapoor

Aftermath of Yes Bank crisis: 40,000 customers abroad panic, CBI files FIR against Kapoor and his family

Post moratorium issued by RBI on Yes Bank, and Rana Kapoor's residence being raided, CBI has now registered FIR against Yes Bank founder Rana Kapoor, his wife and three daughters accusing them of bribery, money laundering and cheating under the PMLA and Prevention of Corruption act.

Mar 10, 2020

Mayhem at Dalaal Street: Here what dragged indices on stock market

The cumulative market capitalization on BSE tanked to Rs 137.46 lakh crore today vis-a-vis Friday's close of Rs 144.31 lakh crore amid an intensifying rout in global stocks.

Mar 9, 2020

Bloodbath at Dalal Street: Sensex plunges over 2400 points, Nifty falls over 600 amid Coronavirus fear

The BSE Sensex was trading at 35,144, lower than 2400 points or 6.4 per cent from its previous close of 37,576.62.

Mar 9, 2020

Oil plunges 25% after Saudi Arabia slashes prices, says will open taps

Oil prices plunged around 25%, heading towards their biggest daily loss since 1991 after Saudi Arabia slashed prices and set plans for a big increase in crude production in April.

Mar 9, 2020

Aramco trades below IPO price for first time, after OPEC pact unravels

Shares of Saudi state oil company Aramco 2222.SE fell below their initial public offering (IPO) price on Sunday, March 8 for the first time since they began trading in December after the OPEC oil supply cut pact with Russia fell apart on Friday.

Mar 8, 2020

Yes Bank crisis explained: What led to the downfall of India's fifth largest private lender?

An RBI moratorium was the last resort to ensure Yes Bank lives through its crisis of deteriorating financial health and a huge pile of bad credits, while State Bank of India stepped in to save the bank by suggesting schemes of reconstruction or amalgamation.

Mar 7, 2020

SBI keen to acquire 49% stakes in Yes Bank: How much will it cost?

SBI Chairman Rajnish Kumar told reporters at a press conference today that the rescue of Yes Bank was a "must," less than two days after the RBI took control of the capital-starved bank.

Mar 7, 2020

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Search Results for: equity investors

Good news for depositors as Moratorium on Yes Bank to be removed on March 18

SBI, ICICI Bank, HDFC Bank, LIC, others to invest Rs 11,700 crore to revive Yes Bank

Roller coaster Friday: Sensex recovers whopping 5400 points after hitting lower circuit

Coronavirus carnage: Sensex plummets over 3,000 points crash; trading halts for 45 mins

Coronavirus scares: Contingency planning on top of the agenda for global financial firms

Stock markets bleeds: Sensex crashes 2,700 points, Nifty below 10,000 mark amid Covid-19 fears

Yes Bank enables inward IMPS, NEFT transactions; customers can now pay dues

Stocks savaged, Italy on lockdown, Trump seeks to reassure as coronavirus spreads

Aftermath of Yes Bank crisis: 40,000 customers abroad panic, CBI files FIR against Kapoor and his family

Mayhem at Dalaal Street: Here what dragged indices on stock market

Bloodbath at Dalal Street: Sensex plunges over 2400 points, Nifty falls over 600 amid Coronavirus fear

Oil plunges 25% after Saudi Arabia slashes prices, says will open taps

Aramco trades below IPO price for first time, after OPEC pact unravels

Yes Bank crisis explained: What led to the downfall of India's fifth largest private lender?

SBI keen to acquire 49% stakes in Yes Bank: How much will it cost?

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]