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The All India Bank Officers' Confederation (AIBOC) has warned that public sector banks (PSBs) in India are in danger of privatisation, despite the crucial role they play in promoting financial inclusion and mobilising savings. Since their nationalisation in 1969, PSBs have channelled funds to vital sectors such as agriculture, small and medium-sized enterprises, education and infrastructure among others.
Kovack Advisors Inc. boosted its holdings in International Bancshares Co. (NASDAQ:IBOC – Free Report) by 1.6% in the 1st quarter, Holdings Channel.com reports. The firm owned 181,614 shares of the bank’s stock after acquiring an additional 2,820 shares during the period. International Bancshares comprises 1.1% of Kovack Advisors Inc.’s holdings, making the stock its 10th […]
International Bancshares Co. (NASDAQ:IBOC – Get Rating) was the target of a large decline in short interest in May. As of May 31st, there was short interest totalling 1,330,000 shares, a decline of 11.3% from the May 15th total of 1,500,000 shares. Based on an average daily trading volume, of 285,700 shares, the short-interest ratio […]
Gyon Technologies Capital Management LP trimmed its position in International Bancshares Co. (NASDAQ:IBOC – Get Rating) by 79.1% during the fourth quarter, Holdings Channel reports. The institutional investor owned 11,006 shares of the bank’s stock after selling 41,687 shares during the quarter. Gyon Technologies Capital Management LP’s holdings in International Bancshares were worth $504,000 at […]
International Bancshares Co. (NASDAQ:IBOC – Get Rating) was the target of a large increase in short interest during the month of May. As of May 15th, there was short interest totalling 1,500,000 shares, an increase of 12.8% from the April 30th total of 1,330,000 shares. Based on an average daily trading volume, of 294,200 shares, […]