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PSU bank stocks at all-time high as quality banks face setbacks. Can the rally continue?

Compared to historical averages, PSU banks are beginning to look expensive. Traditionally, PSU books used to quote at less than one time (stock) price to book value. Most of them are now quoting at more than one time the book value.

India , Canara , Karnataka , Prasanna-bidkar , Vikas-gupta , Madhusudan-kela , Neeraj-gaurh , Canara-bank , Kotak-mahindra-bank , Emerging-markets-bond-index , Psu-banks , Ifty

India Votes 2024: Which Companies Has Amit Shah Invested In?

Amit A Shah holds a stake in 180 listed entities, according to data disclosed in his election affidavit.

Hindustan , India-general- , India , Canara , Karnataka , Gandhinagar , Gujarat , Amitbhai-shah , Amita-shah , Bharti-airtel , Amit-shah , Grindwell-norton

Taking Stock: Market bounces back as financials rally; Nifty above 22,600, Sensex up 941 pts

The BSE midcap index was up 0.8 percent and the smallcap index ended flat.

Canara , Karnataka , India , Aditya-gaggar , Grasim-industries , Indusind-bank , Godrej-industries , Biocon , Aarti-industries , Bajaj-auto , Au-small-finance-bank , Nifty-bank

Can Fin Homes Q4 Results: Net profit rises 26% YoY to Rs 209 crore

The board of the company has also approved raising up to Rs 2100 crore by selling non-convertible debentures. This was part of the undrawn limit of the Rs 4000 crore fundraising plan approved by the shareholders in July last year.

Canara , Karnataka , India , Kolkata , West-bengal , Canara-bank , Can-fin-homes , Can-fin-homes-q4-results , Can-fin-homes-q4-update , Can-fin-homes-q4-news , Can-fin-homes-q4fy24-results

V Hotels: NCLT OKs Macrotech Developers' acquisition of Centaur Hotel owner's V Hotels

Lodha Group-owned Macrotech Developers is paying around Rs 890 crore to acquire the hotel property in Juhu, an affluent suburb in western Mumbai. The bankrupt hotel company had admitted liabilities of over Rs 2,500 crore. Financial lenders of V Hotels had in June 2023 approved Macrotechs resolution plan with all voting in its favour.

Juhu , Maharashtra , India , Canara , Karnataka , Baroda , Gujarat , Mumbai , Vile-parle , Ashish-pyasi , Pulkit-sharma , Anish-niranjan-nanavaty

Block deals worth over Rs 12,045 crore this week. Kotak Bank, Vodafone Idea among stocks with major action

In the large cap segment, 15 companies witnessed significant block deals on the screen which were worth Rs 6,046 crore led by Kotak Mahindra Bank with 29 block counts, totalling to Rs 1,310 crore.

Canara , Karnataka , India , Baroda , Gujarat , Hindustan , India-general- , Canada , Mahindra , Fintech-policybazaar , Tejas-networks , Steel-authority-of-india

3 stocks Rajesh Palviya is bullish on for next week

But overall stock-specific action is clearly there in the market. The sectors which have already shown the breakout in the recent past are continuously showing the buying interest.

Kozhikode , Kerala , India , Baroda , Gujarat , Lucknow , Uttar-pradesh , Canara , Karnataka , Rajesh-palviya , Canara-bank , Nifty-bank

Integration of Pension Portals Ensures Ease of Living for Pensioners, States Secretary (P&PW)

“Pension Portals of all Pension Disbursing Banks to be integrated in the Integrated Pensioners’ Portal of Department of Pension & Pensioners’ Welfare to ensure Ease of Living of Pensioners” says Shri. V Shrinivas, Secretary (P&PW) while addressing the launch ceremony of the Integrated Pensioners’ Portal of Bank of India on 26th April 2024. Speaking on the occasion he informed…

Baroda , Gujarat , India , Canara , Karnataka , Pensioner-portal-of-bank , Punjab-national-bank , Governance-service-delivery-portals , Department-of-pension-pensioners-welfare , Canara-bank , Department-of-pension-pensioner-welfare

Short Take: Canara Bank F&O Contracts Adjustment - The Hindu BusinessLine

Short Take: Canara Bank F&O Contracts Adjustment - The Hindu BusinessLine
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

Canara , Karnataka , India , Facebook , Linkedin , Twitter , Canara-bank ,

Dept of Pension and Pensioners' Welfare launches integrated pension portal | Indiablooms - First Portal on Digital News Management

New Delhi: The Department of Pension and Pensioners’ Welfare (DoPPW) has taken a major step in its efforts to modernize pension services and improve the well-being of pensioners.

Canara , Karnataka , India , Baroda , Gujarat , Pensioner-portal-of-the-bank , Pensioner-portal-of-bank , Canara-bank , Ministry-of-personnel , Department-of-pension-pensioners-welfare , Punjab-national-bank