CBI has registered a case against unknown MEA officials for their alleged role in fraudulent withdrawal of Rs 92 lakh from various GPF accounts of the ministry during 2017-2018.
Indian markets expected to open with positive bias. Key Asian indices showing mixed cues. Nifty resistance seen at 11000 and support at 10750, 10830.
Key Asian indices are trading in the red as concern over a global trade war resurfaced after the US said it would slap tariffs on extra $200 bn worth of Chinese imports.
Axis Bank on Tuesday said it has shortlisted three candidates to succeed the MD & CEO Shikha Sharma, whose term is due to expire in December this year.
Sharma saw her basic salary increase by 7.8 per cent to Rs 2.91 crore last fiscal, according to bank's annual report for 2017-18.
Bajaj Finance has surpassed Axis Bank in terms of market capitalisation, following a surge in its share price which hit a 52-week high during the day today.
Fitch said ICICI Bank and Axis Bank have "gaps" in their risk control mechanisms and has revised down its outlook on the latter to negative on sour assets.
The FinMin will launch the second tranche of Bharat-22 ETF on June 19 which will help raise up to Rs 8,400 crore from the markets.
Global ratings agency Moody's Investors Service today gave counterparty risk ratings (CRR) to 15 lenders in the country, including fraud-hit Punjab National Bank and country's largest lender SBI.
Nifty rose to a 3-week high with private-sector lenders such as Axis Bank, ICICI Bank leading gains, a day after RBI raised its policy rate for the first time in over four years.
ICICI Lombard sells 17.7 Lk shares or 0.84% equity at Rs 270/sh
In pact with Reliance Nippon to sell Mutual Fund products
Nextgen Vakrangee Kendras to offer mutual fund distribution on pan India basis
Plans to sell part of se Asia biz as part of strategy to exit non scalable biz
To sell Singapore & Thailand units valuing them at $ 500Mn
Singapore & Thailand biz contributes 16% to revenues & 2% to EBITDA
To turn focus to domestic market
Avendus cap-KKR emerge as frontrunner to acquire IDFC MF
Offer of Rs 3,000-4,000 Cr made by FIN services firm