Bank of Maharashtra jumps by nearly 4%; sees 56% rise in six months ,Stocks News, Business News

Bank of Maharashtra Share Price: Bank of Maharashtra traded higher in morning deals on BSE on Monday (January 15, 2024).
COMMERCIAL BREAKSCROLL TO CONTINUE READINGThe stock of the government PSU was trading higher by 3.75 per cent, or Rs 1.81, at Rs 50.10 at 12:26 am on Monday.
The spurt in the volume was more than 1.23 times, as per BSE.
The stock had performing well in its previous session on Friday as well when the spurt in volumes reached higher by 2.88 times.
The bank early this year cut its house loan rate by 15 basis points to 8.35 per cent.
The lender’s stock has fared well in the last six months. The stock’s rise in the last one month is 5.72 per cent, while it has skyrocketed…
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Source: https://www.zeebiz.com/markets/stocks/news-bank-of-maharashtra-rises-by-nearly-4-sees-56-rise-in-six-months-nse-bse-bank-of-maharashtra-share-price-performance-of-benchmark-nifty-50-272155/amp

Dhanlaxmi Bank surviving on a long rope 

| Photo Credit:
BIJOY GHOSH
The first bank that will see a change in top leadership in 2024 is Dhanlaxmi Bank. On January 29, the current MD & CEO, JK Shivan, will conclude his three-year tenure. Given that his predecessors gave up on the role in less than a year, it’s quite appreciable that Shivan would have served his full term. Who will replace him isn’t known yet and, more importantly, what next for the bank once he’s gone is a question with no convincing answers. Apparently, five names have been shared with the Reserve Bank of India to be considered for the CEO’s role, but the regulator is yet to revert….
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Source: https://www.thehindubusinessline.com/specials/current-account/dhanlaxmi-bank-surviving-on-a-long-rope/article67734097.ece/amp/

Canara Bank Stock Surges in Positive Trading Session

15 Jan 2024, 10:41:01 AM ISTCanara Bank share price update :Canara Bank trading at ₹464.05, up 0.42% from yesterday’s ₹462.1 The current stock price of Canara Bank is ₹464.05. It has witnessed a percent change of 0.42, indicating a slight increase in its value. The net change in the stock price is 1.95, suggesting a positive movement.
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Source: https://mintgenie.livemint.com/amp/news/markets/canara-bank-share-price-live-blog-for-15-jan-2024-151705287672015

CSB Bank Stocks Plummet in Trading Today

15 Jan 2024, 01:01:01 PM ISTCSB Bank share price update :CSB Bank trading at ₹390.8, down -1.54% from yesterday’s ₹396.9 The current data of CSB Bank stock price is ₹390.8. It has experienced a percent change of -1.54, indicating a decrease in value. The net change is -6.1, suggesting a decline of ₹6.1 in the stock price.
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Source: https://mintgenie.livemint.com/amp/news/markets/csb-bank-share-price-live-blog-for-15-jan-2024-151705287807415

City Union Bank Soars on Strong Trading Day

15 Jan 2024, 11:41:44 AM ISTCity Union Bank share price Today :City Union Bank trading at ₹149.75, up 0.74% from yesterday’s ₹148.65 The current stock price of City Union Bank is ₹149.75. There has been a percent change of 0.74, indicating a slight increase in price. The net change is 1.1, which means the stock price has increased by 1.1 points.
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Source: https://mintgenie.livemint.com/amp/news/markets/city-union-bank-share-price-live-blog-for-15-jan-2024-151705288394304

IDBI Bank’s Stocks Surge in Positive Trade

15 Jan 2024, 09:10:15 AM ISTIDBI Bank share price Today :IDBI Bank trading at ₹68.81, up 3.02% from yesterday’s ₹66.79 The current stock price of IDBI Bank is ₹68.81, with a percent change of 3.02 and a net change of 2.02. This means that the stock price has increased by 3.02% and the value of the stock has increased by 2.02.
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Source: https://mintgenie.livemint.com/amp/news/markets/idbi-bank-share-price-live-blog-for-15-jan-2024-151705287963077

Banking sector Q3 results preview: NIM likely to remain weak for top lenders with minor improvement in asset quality

With India Inc all set to enter a new earnings season, all eyes will be on the crucial banking space, which carries a weight of about 30 per cent in the headline Nifty50 index. Analysts expect margins in the sector to remain under pressure with low, double-digit credit growth, and steady improvement in asset quality. 
Brokerage Prabhudas Lilladher expects the three largest private lenders in the country, HDFC Bank, ICICI Bank and Axis Bank, to register growth of 3-11.5 per cent in net interest income (NII) on a year-on-year basis for the December quarter. While it expects State Bank of India (SBI), the country’s largest PSU lender, to clock growth of 3.7 per cent, it estimates Bank of…
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Source: https://www.zeebiz.com/companies/news-banking-sector-q3-fy24-results-preview-sbi-hdfc-bank-icici-bank-axis-bank-bank-of-baroda-pat-nii-nim-estimates-what-to-expect-272149

Indian Bank Suffers Negative Trading Day

The current stock price of Indian Bank is ₹433.5. There has been a small percent change of 0.08, indicating a slight increase in the stock price. The net change is 0.35, suggesting a positive movement in the stock. Click here for Indian Bank Ratios
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Source: https://mintgenie.livemint.com/amp/news/markets/indian-bank-share-price-live-blog-for-15-jan-2024-151705286224639

BoI hikes rates for big deposits, DCB offers rewards on UPI spends

Banks are luring customers for deposits with higher interest rates and offers for boosting digital transactions through UPI.
State-run Bank Of India has introduced a ‘super special fixed deposit’ at an interest rate of 7.5% for deposits between ₹2 core and ₹50 crore, while DCB Bank has launched a savings account that offers cashback for digital transactions.
The super special fixed deposit at the Bank Of India is for a limited period and gives 7.5% for 175 days, according to a release.
DCB’s savings account holders may get cashback rewards for UPI debit transactions, with a minimum transaction amount of ₹500. “Customers will make the most of their everyday banking, with…
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Source: https://b2bchief.com/boi-hikes-rates-for-big-deposits-dcb-offers-rewards-on-upi-spends/

Central Bank Of India share price Today Live Updates : Central Bank of India Surges in Trading

Central Bank Of India Share Price Today : On the last day of trading, the Central Bank of India opened at ₹50.74 and closed at ₹50.62. The stock had a high of ₹52.55 and a low of ₹50.53. The market capitalization of the bank is ₹45,097.48 crore. The 52-week high for the stock is ₹55.99 and the 52-week low is ₹22.25. The stock had a trading volume of 1,908,512 shares on the Bombay Stock Exchange (BSE).Disclaimer: This is an AI-generated live blog and has not been edited by LiveMint staff.

15 Jan 2024, 11:40 AM IST
Central Bank Of India share price NSE Live :Central Bank Of India trading at ₹52.17,…
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Source: https://www.livemint.com/market/live-blog/central-bank-of-india-share-price-live-blog-for-15-jan-2024/amp-11705286528496.html