Medicines for dogs from Elanco (above) and Bayer (below) are available in an animal shelter on the treatment table of a veterinarian.Frank Rumpenhorst | picture alliance | Getty ImagesCompany: Elanco Animal Health Inc. (ELAN)Business: Elanco is an…
It will be a long road to recovery…
There's no business untouched by the Coronavirus induced lockdown. Pragmatism and conservatism are essential to nurse the economy back to shape, says Amitabh Chaudhry, MD, Axis Bank. In an interview with Saloni Shukla and MC…
Rate cut cycle seems to be over, loan…
A huge number of companies could apply for loan restructuring and then we could see a rerun of the cycle of 2011-13 and those kind of debt issues, says the analyst, asksandipsabharwal.comSome attempts to boost…
RBI asks banks not to open current accounts…
With a view to improve credit discipline, the Reserve Bank on Thursday barred banks from opening current accounts for customers who have availed cash credit or overdraft facilities, stressing that there is a "need for…
Singapore’s top banks are reporting earnings this week.…
View of the Singapore Central Business District.Suhaimi Abdullah | Getty Images News | Getty ImagesSingapore's top three banks are expected to report another quarter of lackluster financial results this week as ultra-low interest rates cap…
RBL to lead small banks’ capital charge with…
The revival in investor sentiment towards banks after a brutal sell off in the first quarter due to concerns on deposit outlfows and uncertainties related to Covid-19 has caused smaller banks to consider a share…
China’s banks brace for more bad loans as…
The skyline of the Lujiazui financial district in Shanghai, China.Hector Retamal | AFP | Getty ImagesChinese banks have so far emerged relatively unscathed as the coronavirus pandemic hit economies around the world — but that could change…
YES Bank’s Rs 15,000 crore FPO subscribed 22%…
Mumbai: Private lender YES Bank’s follow-on public offer (FPO) to raise up to Rs 15,000 crore was subscribed 22 per cent at the end of first day of the bidding process, data from NSE showed…
HDFC Bank’s deposits rise 25% to Rs 11,89,500…
Mumbai: Top private lender HDFC Bank on Saturday said its advances grew 21 per cent at the end of June, from a year ago, while deposits rose 25 per cent. In an exchange filing, the…