Sensex jumps 225 points; Axis Bank rallies 4 per cent
August 11, 2020 16:00 ISTAfter touching a high of 38,556.27, the BSE Sensex pared some gains to end 224.93 points or 0.59 per cent higher at 38,407.01.
After touching a high of 38,556.27, the BSE Sensex pared some gains to end 224.93 points or 0.59 per cent higher at 38,407.01.
Last week, Axis Bank had set a floor price of Rs 442.19 per equity share for its proposed Rs 15,000-crore qualified institutional placement (QIP).
A thief accidentally killed himself by slashing his throat from the electric cutter he was using to rob a bank in Gujarat's Vadodara district. According to the police, the incident took place on the intervening night of Saturday and Sunday.
Acharya Indu Prakash shares interesting details about Mathura's Shri Krishna Janmasthan and Banke Bihari temples on Krishna Janmashtami 2020 today.
State-owned Union Bank of India on Monday announced a cut in its marginal cost of funds-based lending rate (MCLR) by up to 15 basis points across various tenors, effective August 11.
A fire broke out at a branch of a public sector bank in Chhattisgarh's Bilaspur district in the wee hours of Sunday, police said.
Rs 17,000 crores of PM-Kisan Samman Nidhi have been deposited into bank accounts of 8.5 crore farmers with a single click. No middlemen or commission, it went straight to farmers. I am satisfied because the objective of the scheme is being fulfilled:
Snakes climbed up branches of trees on August 07 as water level continues to rise in Tunga river.
State-owned UCO Bank on Friday announced reduction in its marginal cost of funds-based lending rates (MCLR) by 10 basis points across all the tenors.
HDFC Bank has reduced its marginal cost of funds-based lending rates (MCLR) by 10 basis points across all tenors with effect from Friday.
Yes Bank on Thursday said LIC has acquired close to 5 per cent shareholding in the bank by purchasing shares from the open market. With the fresh acquisition, the hold of LIC has increased from 0.75 per cent to 4.98 per cent, Yes Bank said in a regulatory filing.
Reserve Bank of India (RBI) Governor Shaktikanta Das briefed mediapersons on Aug 06.
Reserve Bank of India (RBI) Governor Shaktikanta Das addressed a press conference at 12 noon today. This was the 24th meeting of the MPC. Besides, the central bank also issued directions regarding the loan moratorium which is coming to an end on August 31 amid bankers opposing the further extension of this facility on concerns over its misuse.
Reserve Bank of India has kept the repo rate unchanged at 4 per cent. Governor Shashikanta Das announced this during his press conference.
The RBI may refrain from cutting the benchmark lending rate on Thursday but can announce other measures like restructuring of loans amid the urgency to revive the coronavirus-hit economy, experts said.
RSS chief Mohan Bhagwat offers prayers at the banks of Saryu river.He also attended the foundation stone laying event of Ram Temple, which was held earlier today.
After rallying 452 points during the day, the BSE Sensex slipped in the red to end 24.58 points or 0.07 per cent lower at 37,663.33.
The Women's T20 Challenger games will take place during the playoffs of the IPL in the UAE.
The BSE Sensex settled 748.31 points or 2.03 per cent higher at 37,687.91, while the NSE Nifty rallied 203.65 points or 1.87 per cent to 11,095.25.
The Tamil Nadu Bank Employees' Federation (TNBEF) has given a strike call for August 20 to protest against the State Level Bankers Committee (SLBC) guideline regarding 100 per cent staff at bank branches and restoration of normal banking hours in the state.
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