The bank's shares ended down 3.8 percent, their lowest close since June 13, 2016, having fallen as much as 6.4 percent after the results. The stock has lost almost half of its value this year making it the worst performer among Indian bank stocks.
10 days ago
In India, more than half of the gross savings are held in bank deposits. A decline of trust in banks impacts the gross savings rate.
Apr 17, 2018
How quickly you receive your tax refund depends on when you file your taxes, how you choose to file, and, now, what credits and deductions you might claim.
Apr 14, 2018
The Reserve Bank of India has tightened its regulation norms on Liberalised Remittance Scheme under which an individual can transfer up to $2,50,000 abroad in a year.
Apr 13, 2018
As we enter into a new financial year, lets take a look at some of the key tax saving instruments that meets our goals and needs.
Apr 7, 2018
Stampedes are not created by those who live by hope but by the poor, spooked souls rushing to the exits.
Apr 6, 2018
The uniform billing by some of the lenders for SMS alerts is against the Reserve Bank of India's advisory.
Apr 5, 2018
The move comes at a time when the interest rates are poised to rise after nearly four years easing cycle, according to market experts.
Apr 4, 2018
You need 18 to 35 times your annual expense at age 60 to retire. Inorder to calculate that, create an expense multiplier rather than an income multiplier.
Mar 31, 2018
SEBI's recent study revealed that fund managers have overcharged mutual fund investors as much as Rs 1,500 crore in the last five years.
Mar 28, 2018
Punjab National Bank starts legal proceedings to recoup funds from the rogue employees.
Mar 21, 2018
Though governance standards have improved in the country since bank nationalization this hasn't reflected adequately in the PSB ecosystem.
Mar 20, 2018
'Funds were siphoned off through a chain of alleged bogus transactions facilitated by fake sister concerns, family members and bank officials'
Mar 20, 2018
Most individuals believe that investing small sum will not guarantee good returns and therefore wait for a large sum to start investments.
Mar 24, 2018
'The umbilical cord connecting public sector banks to politicians and bureaucrats ... has led to several inefficiencies'
Mar 16, 2018
31 minutes ago