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RBI"s new rules on NPAs to weigh on bank stocks; PSBs to face bigger impact

Though framework is positive for banking sector in long-term, it will take a toll on its profits in near-term as provisioning will increase.....»»

Category: topSource: business-standardFeb 13th, 2018

Bank stocks gain up to 7.7% on RBI"s NPA resolution move

Banking sector is saddled with NPAs of over Rs 8 lakh crore, of which Rs 6 lakh crore is with PSBs.....»»

Category: topSource: business-standardJun 14th, 2017

Wall Street set to open lower as oil, banks weigh

Wall Street was set to open lower on Friday, in tandem with oil prices, and as financial stocks came under pressure in the wake of a massive $14 billion fine slapped on Deutsche Bank. The far bigger-than-expected fine was levied by the U.S. Department of .....»»

Category: topSource: yahooSep 16th, 2016

PSBs" stocks continue to reel after PNB fraud case; drop as much as 10%

State-owned banks continued to reel under the multi-billion fraud at Punjab National Bank (PNB) with Nifty PSU Bank index dropping 2.5 per cent to a four-month low. The gauge for the performance of public sector banks (PSBs) has dro.....»»

Category: topSource: business-standardFeb 19th, 2018

Global cues, funds movement, crude prices to impact equity market next week

A massive sell-off in the banking sector stocks was triggered last week after the Reserve Bank of India (RBI) announced new norms to deal with non-performing assets.....»»

Category: topSource: business-standardFeb 18th, 2018

RBI"s measures are good; be selective in buying PSU banks, say analysts

Banking stocks came under selling pressure on Wednesday after the Reserve Bank of India (RBI) unveiled new norms for dealing with non-performing assets (NPAs) on Monday. Nifty PSU Bank was the worst performing index, falling over 3.....»»

Category: topSource: business-standardFeb 14th, 2018

Wall Street lower as losses in energy, bank stocks weigh

(Reuters) - U.S. stocks were trading lower in early afternoon on Monday as bond yields continued to hover near multi-year highs and losses in energy and financial stocks weighed......»»

Category: topSource: reutersFeb 5th, 2018

Europe Markets: DAX drops below 13,000 after Deutsche Bank logs a hefty loss

European stocks dropped for a fifth straight session on Friday, with the German market leading the charge south after Deutsche Bank posted a bigger-than-expected loss in the fourth quarter......»»

Category: topSource: marketwatchFeb 2nd, 2018

Honest and genuine borrowers to get hassle-free bank loans: Govt

PSBs have been reeling under non-performing assets (NPAs) or bad loans, which total around Rs 8 trillion and have hampered lending, impacting growth.....»»

Category: topSource: business-standardJan 26th, 2018

PSU bank stocks fall after recapitalisation plan announcement

PSU bank stocks fell up to 6 per cent a day after the government said it will infuse ₹88,139 crore capital in 20 public sector banks (PSBs) before March 31. Shares of Syndicate Bank tanked 5.82 per........»»

Category: topSource: thehindubusinesslineJan 25th, 2018

Wall St. struggles to gain further as healthcare, bank stocks weigh

(Reuters) - The S&P 500 and the Dow struggled to edge higher on Monday, stalling the strong rally that marked the start of 2018, pressured by losses in healthcare and bank stocks......»»

Category: topSource: reutersJan 8th, 2018

Wall Street new year rally pauses as healthcare, bank stocks weigh

(Reuters) - The benchmark S&P 500 opened lower for the first time in 2018 on Monday, as losses in healthcare and financial stocks cut short Wall Street's strongest start to a year in a decade......»»

Category: topSource: reutersJan 8th, 2018

Wall Street opens flat as tech, bank stocks weigh

(Reuters) - U.S. stock indexes opened little changed on Monday, with losses for banking and technology stocks helping put a halt to Wall Street's strongest start to a year in over a decade......»»

Category: topSource: reutersJan 8th, 2018

Europe Markets: European stocks face day 3 of losses as retailers, banks slide

Stocks across Europe were lower Friday, as retail and bank shares traveled in negative territory, putting the regional benchmark on track for a third straight loss and a decline for the week......»»

Category: topSource: marketwatchDec 15th, 2017

Boeing, bank stocks lift Dow, techs weigh on S&P, Nasdaq

(Reuters) - The Dow Jones Industrial Average edged higher on Tuesday, with a 3 percent jump in shares of Boeing and rise in financial stocks, while losses in technology stocks weighed on the S&P 500 and the Nasdaq......»»

Category: topSource: reutersDec 12th, 2017

Watered Down And Delayed - European Bank Shares Love The Final Basel III Capital Rules

To the relief of the banks and investors, the Basel III rule book was “watered down” sufficiently that the announcement that the deadlock had been broken led to a spike in European bank stocks on Friday morning. The sticking point holding ba.....»»

Category: blogSource: zerohedgeDec 8th, 2017

European stocks rally after Brexit breakthrough, new banking rules deals

Among the top gainers were ABN Amro, up 5.7 per cent; Lloyds, up 4.5 per cent and Danske Bank, up 4.4 per cent.....»»

Category: topSource: business-standardDec 8th, 2017

Don’t Go Bust Betting on a Bank Breakout

In the face of high-priced stocks, consider selling puts to buy bank stocks on pullbacks......»»

Category: topSource: barronsDec 7th, 2017

Europe’s banks face a glut of new rules

FOR those oddballs whose hearts sing at the thought of bank regulation, Europe is a pretty good place to be. No fewer than five lots of rules are about to come into force, are near completion or are due for overhaul. They will open up European b.....»»

Category: topSource: stockchartsNov 30th, 2017

Europe’s banks face a glut of new rules

FOR those oddballs whose hearts sing at the thought of bank regulation, Europe is a pretty good place to be. No fewer than five lots of rules are about to come into force, are near completion or are due for overhaul. They will open up European ba.....»»

Category: economicsSource: economistNov 30th, 2017

Stocks waver as banks weigh on markets

Stocks were little changed Wednesday as a decline in bank stocks knocked the major indexes from record levels......»»

Category: topSource: moneycentralNov 8th, 2017