Banks Caught In A Trap

The cost of deposits is on the rise, but banks can't raise interest rate on close to 60% of their loan books, points out Tamal Bandyopadhyay. Illustration: Uttam Ghosh/Rediff.com The earnings......

Bandhan Bank founder CEO C S Ghosh to retire in July

Private sector lender Bandhan Bank on Friday said its founder, managing director and CEO Chandra Shekhar Ghosh has tendered his resignation. Ghosh would retire from the services of the bank as MD......

Adani Ports to enter Sensex from June 24; Wipro to move out

Gautam Adani-owned Adani Ports and Special Economic Zone (APSEZ) will replace IT major Wipro in the 30-share BSE Sensex from June 24, according to an official announcement on Friday. Photograph:......

Will Bull Run In PSU Banks Continue?

It's not easy to predict the market. But there are at least two positive factors to back the PSU banks, explains Tamal Bandyopadhyay. Photograph: Rupak De Chowdhuri/Reuters   These days,......