LIVE MARKET TRACKER :   BSE SENSEX   33227.99      |    NSE NIFTY 10240.15    
GLOBAL MARKETS :  NASDAQ      |    FSI London      |    NIKKEI Japan  
  USD GBP EUR CAD AUD INR
USD -
GBP -
EUR -
CAD -
AUD -
INR -
Indian-Commodity  :  Corporate  :  Bank of India plans to divest stake in some other non-core subsidiaries

Bank of India plans to divest stake in some other non-core subsidiaries (05-Jun-2017)

Bank of India is exploring opportunities to divest stake in some other non-core subsidiaries depending on right valuation. This step is taken in order to unlock capital and turn the corner as it has been saddled with bad loans.

The bank's gross non-performing assets (NPAs) or bad loans were restricted to 13.22% of the gross advances at the end of March 2017, marginally higher than 13.07% a year ago. Net NPAs however declined to 6.90% of the net advances at the end of last fiscal, as against 7.79% a year earlier.

The Bank has reported a net loss of Rs 1045.54 crore for the quarter ended March 31, 2017 as compared to a net loss of Rs 3587.11 crore for the same quarter in the previous year. However, total income of the Bank increased by 8.35% at Rs 12335.71 crore for quarter under review as compared to Rs 11384.91 crore for the quarter ended March 31, 2016.




Top News Today
Alembic Pharma gets USFDA's nod for Darifenacin Extended Tablets
(12-Dec-2017)

Alembic Pharma gets USFDAAlembic Pharmaceuticals has received approval from the US Food & Drug Administration (USFDA) for its Abbreviated New Drug Application (ANDA) Darifenacin Extended-Release Tablets, 7.5 mg and 15......click on news to read complete article.

Bajaj Hindusthan Sugar planning to issue OCDs worth Rs 3483.25 crore
(12-Dec-2017)

Bajaj Hindusthan Sugar planning to issue OCDs worth Rs 3483.25 croreBajaj Hindusthan Sugar is planning to issue Optionally Convertible Debentures (OCDs) aggregating to Rs 3483.25 crore to the Lenders of the Company upon conversion of Part - B (Unsustainable portion) of......click on news to read complete article.

Cholamandalam Invetsment planning to issue masala bonds
(12-Dec-2017)

Cholamandalam Invetsment planning to issue masala bondsCholamandalam Investment and Finance Company is planning to issue masala bonds in the nature of non-convertible debentures on a private placement basis. The meeting of the Board of Directors of the Company......click on news to read complete article.

International Stock News
US markets closed higher on Monday
(12-Dec-2017)

US markets closed higher on MondayThe US markets closed higher on Monday, with the S&P 500 index and Dow industrials closing at records on the back of a rally in telecommunications and technology shares. Wall Street shrugged off......click on news to read complete article.

Asian markets trade higher in early deals on Monday
(11-Dec-2017)

Asian markets trade higher in early deals on MondayAsian equity benchmark indices are trading higher in the early deals on Monday, lifted by encouraging employment data from the US that took the Standard & Poor's 500 Index to its third straight......click on news to read complete article.

US markets end at record highs on upbeat jobs data
(09-Dec-2017)

US markets end at record highs on upbeat jobs dataThe US markets traded with traction and ended near record high levels on Friday, as traders reacted positively to the closely watched monthly jobs report. The continued advance by stocks came following......click on news to read complete article.

 

     
  
Recent Corporate News
 
EquityInvestmentCompany ReportsIPO
Disclaimer
By clicking on this page you accept all the terms and conditions framed by us. News made available here are for informational purpose only. While utmost care has been taken in providing the same. We claim no responsibility for its accuracy. Readers of this blog who make their decision based on the information posted here are solely responsible for their actions.