newsworm

Bank of Maharashtra Credit Officer recruitment deadline today; here’s direct link to apply

Today, November 6, is the last date to apply for the post of Credit Officer Scale II and Credit Officer Scale III in the Bank of Maharashtra (BOM). Eligible candidates can apply for the vacancies on the official website bankofmaharashtra.in.The recruitment drive aims to fill up a total of 100 vacancies out of which 50 vacancies are for the post of Credit Officer Scale II and 50 vacancies are for Credit Officer Scale III.Eligibility CriteriaAge limit:For Credit Officer Scale II – Between the age of 25 years and 32 years as on September 30, 2023. Upper age limit relaxations as per government guidelines.

For Credit Officer Scale III – Between the age of 25 years and 35 years as on…
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Source: https://amp.scroll.in/announcements/1058696/bank-of-maharashtra-credit-officer-recruitment-deadline-today-heres-direct-link-to-apply

Canara HSBC offers life insurance plan for Karnataka Vikas Grameena Bank customers

Canara HSBC Life Insurance has launched a new guaranteed income plan for the customers of Karnataka Vikas Grameena Bank (KVGB). Launching Canara HSBC’s ‘Guaranteed Assured Income’ (GAIN) plan in Mangaluru on Tuesday, Shreekant M Bhandiwad, Chairman of KVGB, said the GAIN plan ensures guaranteed benefits and income for life. The plan not only offers an individual the opportunity to secure his/her life but also allows one to have regular income to take care of both long-term and short-term financial goals. The bank has done an insurance business of ₹13 crore during the current fiscal, he said.
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Source: https://www.thehindubusinessline.com/money-and-banking/canara-hsbc-offers-life-insurance-plan-for-karnataka-vikas-grameena-bank-customers/article67507655.ece/amp/

IDBI Bank SCO Recruitment 2024: Registration for 86 posts begins on December 9

IDBI Bank has invited applications for Specialist Cadre Officer posts. Eligible candidates can apply online through the official website of IDBI at idbibank.in. This recruitment drive will fill up 86 posts in the organization. IDBI Bank SCO Recruitment 2024: Registration for 86 posts begins on December 9 {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} The registration process will begin on December 9 and will end on December 25, 2023. Read below for eligibility, selection process and other details.Vacancy DetailsAudit-Information System (IS): 4 postsFraud Risk Management: 9 postsRisk Management: 8 postsCorporate Credit/ Retail Banking…
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Source: https://www.hindustantimes.com/education/employment-news/idbi-bank-sco-recruitment-2024-registration-for-86-posts-begins-on-december-9-at-idbibankin-101701846491977-amp.html

Motilal Oswal – Riding On Financialisation Is A Winning Strategy: ICICI Securities

NDTV Profit’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer NDTV Profit’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.Motilal Oswal Financial Services Ltd. has maintained a strategy of riding on the structural trend in financialisation over the years. The phygital strategy bodes well considering the franchise strength and the possible premiumisation opportunities. Our constructive stance on the stock has been based on individual growth levers in all business segments (market share improvement in…
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Source: https://www.ndtvprofit.com/amp/research-reports/motilal-oswal-riding-on-financialisation-is-a-winning-strategy-icici-securities

Satin Creditcare trades lower on Karnataka Bank deal, board to consider fund-raising

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Shares of Satin Creditcare and Karnataka Bank traded lower early on January 8 after the companies entered into a co-lending arrangement.
At 9:41am, Karnataka Bank was quoting at Rs 234.85, down Rs 2.55, or 1.07 percent, and Satin Creditcare Network was quoting at Rs 269.40, down Rs 0.35, or 0.13 percent, on the BSE.

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On January 5, Karnataka Bank and Satin Creditcare Network entered into a co-lending arrangement to provide financial support to Joint Liability…
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Source: https://www.moneycontrol.com/news/business/stocks/satin-creditcare-trades-lower-on-karnataka-bank-deal-board-to-consider-fund-raising-12007761.html/amp

Fixed deposit interest rates: SBI vs ICICI Bank vs HDFC Bank vs Axis Bank vs PNB compared

FD rates: Fixed Deposits (FDs) continue to be a popular investment choice for individuals seeking stable returns. As of late 2023, several prominent banks, including State Bank of India (SBI), ICICI Bank, HDFC Bank, Axis Bank, and Punjab National Bank (PNB), have made adjustments to their FD interest rates. Here’s an insightful comparison of the FD rates offered by these banks, focusing on the highest rates available and the corresponding tenures.SBIAccording to ET, SBI has recently increased its FD interest rates on specific tenures, effective from December 27, 2023. Notable changes include a 50 basis points hike for deposits maturing between 7 days to 45 days, bringing the rate to…
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Source: https://timesofindia.indiatimes.com/business/india-business/fixed-deposit-interest-rates-sbi-vs-icici-bank-vs-hdfc-bank-vs-axis-bank-vs-pnb-fd-rate-compared/articleshow/106629390.cms?from=mdr

Jefferies maintains ‘Buy’ on HDFC, sees 24% upside despite lower pre-quarter retail net inflow and overall inflow – Market News

Broking firm Jefferies maintained a ‘Buy’ rating on the stock of HDFC Bank with a 24% upside target price of Rs2,100 despite the bank’s pre-quarter lower retail net inflow and overall inflow in the 3QFY24.

The bank’s pre-quarter retail inflow came in at Rs53,000 crore against the Rs70,000-80,000 crore in the previous quarter or 2QFY24. The overall inflow also came down to Rs40,000 crore from Rs1.1 lakh crore in the previous quarter, the brokerage said in a research report.

Further, the brokerage house said they’ll keep an eye on changes in the liquidity coverage ratio levels and comments from the company’s management during the result on January 16 as the brokerage…
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Source: https://www.financialexpress.com/market/jefferies-maintains-buy-on-hdfc-sees-24-upside-despite-lower-pre-quarter-retail-net-inflow-and-overall-inflow-3358374/lite/

CSB Bank Stock Soars on Positive Trading Day

08 Jan 2024, 12:14:40 PM ISTCSB Bank share price Today :CSB Bank trading at ₹410.8, up 0.77% from yesterday’s ₹407.65 The current data for CSB Bank stock shows that the stock price is ₹410.8. It has experienced a percent change of 0.77, indicating a small increase in value. The net change in the stock price is 3.15, suggesting a positive movement in the stock.
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Source: https://mintgenie.livemint.com/amp/news/markets/csb-bank-share-price-live-blog-for-08-jan-2024-151704681222903

City Union Bank Stock Plummets as Investors Take a Bearish Stance

The current stock price of City Union Bank is ₹152.35. There has been a percent change of -0.46, indicating a slight decrease in value. The net change is -0.7, which means the stock has decreased by 0.7 points. Overall, there has been a small decline in the stock price of City Union Bank.
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Source: https://mintgenie.livemint.com/amp/news/markets/city-union-bank-share-price-live-blog-for-08-jan-2024-151704682307921

Indian Bank Stock Plummets in Trading Today

Based on the current data, the Indian Bank stock price is at ₹436.85. There has been a percent change of 0.43, indicating a slight increase in the stock price. The net change is 1.85, suggesting that the stock has increased by this amount. Overall, the Indian Bank stock has seen a positive movement in its price.
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Source: https://mintgenie.livemint.com/amp/news/markets/indian-bank-share-price-live-blog-for-08-jan-2024-151704683591946