Benchmarks turn rangebound; Bank shares drops for 3rd day
IST, the barometer index, the S&P BSE Sensex, declined 739.65 points or 0.98% to 74,566.92. The Nifty 50 index dropped 216.10 points or 0.95% to 22,579.80.
PSU bank stocks fell up to 34% in the past one year. Is it time to exit?
PSU bank stocks have fallen up to 34% in a year, facing deposit market share loss, weak margins, and competition from private ...
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Bank of Maharashtra slashes interest rate for THESE loans - Details
After a gap of 5 years; the Reserve Bank of India (RBI) reduced the repo rate by 25 basis points to 6.25 per cent on February ...
Tough time ahead for banking sector as low-cost funds shrink, margins drop
Given the sharp correction in equities and a drop in the flow of money to mutual funds, some banks have started seeing a ...