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SBS commits to keeping regional branches open

SBS commits to keeping regional branches open
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SBS Bank's Full-year FY20-21 Results Show Strength And Stability

The SBS Group has reported a strong result for the 20-21 financial year despite the challenges of Covid-19, particularly during the first quarter for the period. The SBS Group which includes subsidiaries Finance Now, FANZ and Southsure, reported . ....

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Four public sector bank stocks rally on fund infusion - The Hindu BusinessLine

Four public sector bank stocks rally on fund infusion
April 01, 2021
Shares of four public sector banks (PSBs) Bank of India (BoI), Central Bank of India (CBoI), Indian Overseas Bank (IOB) and UCO Bank rose between 2.95 per cent and 6.25 per cent on Thursday on capital infusion aggregating ₹14,500 crore by the Centre.
The PSBs informed the exchanges about the Government’s capital infusion on Wednesday. CBoI, IOB and UCO Bank are under the Reserve Bank of India’s prompt corrective action.
IOB shares rose the most in percentage terms, closing at ₹17, up 6.25 per cent on the BSE. The Bank has received capital infusion of ₹4,100 crore; and the stock of CBoI, which received ₹4,800 crore, closed at ₹17.15, up 4.89 per cent. UCO Bank shares gained 3.91 per cent at ₹11.42, as the bank received ₹2,600 crore. BoI shares closed at ₹69.85, up 2.95 per cent. The bank has received ₹3,000 crore. India Ratings and Research (Ind-Ra) opined that capital in ....

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Market Watch: Strong IPO activity unlikely to halt soon | The Economic Times Podcast

Tune in as we discuss how the IPO mart is likely to dare going forward, what investors should focus on now, and more! ....

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