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As part of the bailout, depositors and bond holders in general will get their money back. Equity shareholders face a total loss of investment, signalling to investors that this may become the playbook for future rescues of troubled banks.
Stocks in the news: TCS, Kotak Mahindra Bank, DHFL, Airtel and Indian BankKotak Bank said the RBI has approved the re-appointment of Uday Kotak as MD of the bank for a further period of three years.
from Stocks-Markets-Economic Times https://ift.tt/2K3OLrq
… Read MoreAsian stocks dip as investors curb vaccine enthusiasmAustralian S&P/ASX 200 lost 0.12 per cent in early trading while Japan's Nikkei 225 futures fell 0.13 per cent. E-mini futures for the S&P 500 rose 0.21 per cent.
from Stocks-Markets-Economic Times https://ift.tt/3qX… Read MoreSAT stays Sebi’s Rs 6-cr penalty on NSEThe Securities and Exchange Board of India (Sebi) had accused NSE of violating these rules by purchasing stakes in half a dozen companies including Computer Age Management Systems (CAMS), Power Exchange India (PXIL) and NSDL … Read MoreSebi proposes listing rule tweaks for startupsThe regulator has proposed that the compulsory shareholding period before listing for investors owning 25% or higher stake be halved to one year.
from Stocks-Markets-Economic Times https://ift.tt/2KqMzu0
… Read MoreSGX Nifty down 30 points; here's what changed for market while you were sleepingNifty futures on the Singapore Exchange traded 31 points, or 0.23 per cent, lower at 13,560.50, in signs that Dalal Street was headed for a negative start on Tuesday.
from Stocks-Markets-Economic Times https://ift.tt/34d3KGa… Read More
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