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bank of india

Bank Stocks: Forecasting a Short-Lived Bout of Weakness

by Craig Fedirighi
Bank Stocks: Forecasting a Short-Lived Bout of Weakness

Mumbai: Shares of banks weakened on Thursday in response to the Reserve Bank of India’s move to impose an incremental cash reserve ratio (CRR) as part of its efforts to …

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Categories Business

10 Factors Influencing Thursday’s D-Street Activity

by Craig Fedirighi
10 Factors Influencing Thursday’s D-Street Activity

Indian equities, ahead of the crucial RBI policy outcome on Thursday, ended on a positive note. The Nifty settled at 19,633, up 62 points, while the Sensex added 149 points, …

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Categories Business

Top 8 Trading Ideas for August 9, 2023: Stocks to Consider Buying – GAIL and NBCC

by Craig Fedirighi
Top 8 Trading Ideas for August 9, 2023: Stocks to Consider Buying – GAIL and NBCC

Indian market is likely to edge higher on Wednesday tracking positive global cues. The S&P BSE Sensex fell more than 100 points while the Nifty50 closed above 19,550 levels on …

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Categories Business

Are These 7 Penny Stocks, Backed by FII, Worth Adding to Your Watchlist as They Rally Up to 60% in FY24?

by Craig Fedirighi
Are These 7 Penny Stocks, Backed by FII, Worth Adding to Your Watchlist as They Rally Up to 60% in FY24?

Penny stocks are often considered inferior stocks by experienced investors who disregard get-rich-quick schemes. However, it is hard to ignore when foreign institutional investors (FIIs) also invest in such penny …

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Categories Business

Basic Lending Rate Hikes by 3 Banks Lead to Increased Loan EMIs

by Craig Fedirighi
Basic Lending Rate Hikes by 3 Banks Lead to Increased Loan EMIs

Home BusinessBIG News For Home Buyers: Your Loan EMIs To Go Up As 3 Banks Hike Basic Lending Rates New Delhi: The equated monthly instalments (EMIs) have already increased significantly …

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Categories Business

Bank of India Q1 Results: Net Profit Soars 176% YoY to Rs 1,551 crore

by Craig Fedirighi
Bank of India Q1 Results: Net Profit Soars 176% YoY to Rs 1,551 crore

State-owned Bank of India reported a 176% increase in net profit for the June quarter at Rs 1,551 crore as compared with Rs 561 crore in the previous year. This …

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Categories Business

Bank of India intends to hold a share sale to meet SEBI’s minimum public holding requirements

by Craig Fedirighi
Bank of India intends to hold a share sale to meet SEBI’s minimum public holding requirements

State-owned Bank of India is exploring the possibility of share sale to investors over the next one year to meet the minimum public holding requirement of 25 per cent. Currently, …

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Categories Business

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