Transstroy India, the Hyderabad-based infrastructure company has come under the Central Bureau of Investigation (CBI) scanner over allegations of fraud and involving lending by a consortium of banks.
Muthoot Finance shares closed 8.72 per cent up at Rs 233.85 after the company reported 60.56 per cent rise in net profit figures at Rs 265.22 crore for the quarter ended March 31, 2016.
Atul Auto shares closed 2.96 per cent up at Rs 564.50 after the company reported 8.01 per cent growth in sales for the month of December 2015 at 4,005 units as compared to 3,708 units sold in December 2014.
Canara Bank on Wednesday reported a 16% decline in net profit to Rs 529 crore for the quarter ended September 2015, against Rs 627 crore in the year-ago period.
Country's largest mortgage lender HDFC and four other lenders, including Canara Bank and StanChart, cut their base rates by up to 0.25 per cent, a move that will make home, auto and other loans cheaper.
Having appointed private sector professionals to head two large public sector banks (PSBs), the Finance Ministry today said further such hiring of CEO and managing directors in banks would be from existing public sector talen
Government has brought in private sector executives to run two of its largest state-owned banks, the first such appointments in a broad reform plan to shake up the country's dominant but often inefficient government-backed le
In a significant change of policy, government has roped in private sector professionals to run two of its largest banks -- Bank of Baroda and Canara Bank -- as it announced appointment of MDs and CEOs of five lenders.
Canara Bank today reported 40.65 per cent decline in net profit at Rs 478.84 crore in the first quarter ended June as it parked a higher share towards contingencies for bad loans.