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Punjab National Bank reports consolidated net profit of Rs 700 80 crore in the March 2021 quarter

Consumer confidence drops to record low as 2nd wave takes toll: RBI survey

Consumer confidence has dipped to a new low as the second wave of Covid-19 pandemic continues to take a toll on lives and businesses across the country, a new survey by the Reserve Bank of India (RBI) shows. The current perception compared with one-year ago fell to a record 48.5 in May from 53.1 in March, shows the survey where 100 is the level that divides pessimism from optimism. But one year ahead of expectations compared with the current situation stands at 96.4 in May compared to 108.8 in March. Household spending also weakened in the latest survey round with essential spending showing signs of moderation while non-essential spending continues to contract.

IndusInd Bank features in the Carbon Disclosure Project (CDP) list

IndusInd Bank announced that it has made it to the Carbon Disclosure Project (CDP) list for the sixth consecutive time, making it the only Indian Bank to get featured in this prestigious list. The CDP list is a global environmental disclosure system that ranks companies worldwide basis contributions made towards encouraging environmental transparency and performance. In a bid to commemorate this milestone, as well as the World Environment Day, IndusInd Bank s Managing Director and CEO, Sumant Kathpalia announced the following Environmental, Social and Governance (ESG) initiatives that the Bank has undertaken: h Commitment to reducing the Banks specific Carbon Emission by 50% over the next 4 years

Board of Jammu and Kashmir Bank approves raising capital up to Rs 500 cr

Power Mech Projects Ltd leads gainers in A group

Kiri Industries Ltd, Bank of Maharashtra, Indian Overseas Bank and PNB Housing Finance Ltd are among the other gainers in the BSE s A group today, 04 June 2021. Kiri Industries Ltd, Bank of Maharashtra, Indian Overseas Bank and PNB Housing Finance Ltd are among the other gainers in the BSE s A group today, 04 June 2021. Power Mech Projects Ltd soared 12.06% to Rs 704 at 11:49 IST. The stock was the biggest gainer in the BSE s A group. On the BSE, 49169 shares were traded on the counter so far as against the average daily volumes of 7185 shares in the past one month. Kiri Industries Ltd spiked 11.95% to Rs 577.05. The stock was the second biggest gainer in A group. On the BSE, 1.28 lakh shares were traded on the counter so far as against the average daily volumes of 40141 shares in the past one month.

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