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The report recommended transferring shares of the government in the banks to the BIC which would become the parent holding company of all these banks, as a result of this, all the PSBs would become 'limited' banks. BIC will be autonomous and it will have the power to appoint the board of directors and make other policy decisions about subsidiaries.
Brokerages up M&M target priceKotak Institutional Equities has maintained ‘buy’ rating on M&M .
from Stocks-Markets-Economic Times https://ift.tt/3fs8rPY
… Read MoreStocks in the news: Tata Motors, Lakshmi Vilas Bank, RIL, HPCL, IndiGo and JK TyreThe housing finance arm of Canara Bankreported a 35.84 per cent rise in its net profit to Rs 90.91 crore for the March 2020 quarter
from Stocks-Markets-Economic Times https://ift.tt/3e79qon
… Read MoreTata Motors’ moves to cut debt, costs to provide a floor for stockThe CV and passenger businesses will be cash positive in the next couple of quarters.
from Stocks-Markets-Economic Times https://ift.tt/30O3uN4
… Read MoreMFs focus on companies with large market shares; add HUL, Bharti among othersThe valuations are not cheap, but they are not as high as some of the co’s peers either.
from Stocks-Markets-Economic Times https://ift.tt/3fBhbmX
… Read MoreSGX Nifty down 80 points; here's what changed for market while you were sleepingNifty futures on the Singapore Exchange traded 81.50 points, or 0.82 per cent lower at 9,860.50, in signs that Dalal Street was headed for a negative start on Monday.
from Stocks-Markets-Economic Times https://ift.tt/30LHlPt… Read More
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