Development Credit Bank
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Rupee falls to six-week low on import bills, weak local shares
Negative local stocks, subdued global risk appetite due to a slowing Chinese economy and risks surrounding Greece's debt crisis weighed on the rupee.
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Equity dilution: DCB Bank says to seek more time from RBI
The regulator had set a March 2014 deadline for the DCB promoters, Aga Khan Fund (Aga Khan Fund for Economic Development or Akfed), which holds 18 per cent in the city-based bank, and another Fund related entity Platinum Jubilee Investments holding another 1 per cent.
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Rupee rises to two-week high ahead of RBI review next week
The rupee rose to a two-week high on Friday, notching up a second consecutive week of gains, helped by inflows tied to a domestic share sale and by a weaker dollar after strong US data raised chances of an early retreat from monetary easing.
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Rupee hits 3-1/2-month peak on heavy dollar inflow
The rupee strengthened slightly against the dollar on Thursday after earlier hitting a three-and-a-half month high, while posting its first monthly gain in four on the back of heavy dollar inflows into the domestic equity and debt markets.
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Rupee ends marginally lower at 55.28/$, tracks euro moves closely
The rupee fell marginally on Friday as global risk assets remained under pressure.
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Top 10 stocks to track in today's trade
Here is a list of top 10 stocks you need to track today.
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Rupee ends flat; RBI seen intervening heavily
The rupee settled flat at 57.01/02, unchanged from Monday's close.
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Development Credit Bank posts 52% rise in profit on lower NPAs
The bank's gross NPA ratio came down to 4.4 per cent at Rs 7 crore from 5.85 per cent or Rs 11 crore.
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Rupee ends off lows at 51.14 on likely RBI intervention
The rupee ended at 51.14/15 to the dollar, weaker than Wednesday's close of 51.055/065, but off the day's low of 51.41.
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Rupee dives to 2-month low on robust dollar demand
The rupee ended at 51.2650/2750 to the dollar, sharply weaker than its previous close of 51.17/18.
-
Rupee at 2-week low despite likely RBI support
The Indian rupee fell to its weakest level in two weeks on Wednesday, despite upbeat market sentiment.
-
Rupee falls to six-week low on import bills, weak local shares
Negative local stocks, subdued global risk appetite due to a slowing Chinese economy and risks surrounding Greece's debt crisis weighed on the rupee.
-
DCB Bank surges on buzz of strong Q3 numbers
Q3 profit after tax (PAT) is expected at Rs 20 crore implying a growth of 48 per cent quarter-on-quarter.
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DCB up 8% after Q2 net profits jump 176%
Stocks of private sector bank Development Credit Bank (DCB) surged over 8 per cent in early trade on the back of stellar performance in the second quarter. DCB has 80 branches across 10 states and two union territories. The Bank's net interest income rose 27.39 per cent to Rs 59.1 crore in the second quarter against Rs 46.39 crore in the sa...
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Rupee falls to six-week low on import bills, weak local shares
Negative local stocks, subdued global risk appetite due to a slowing Chinese economy and risks surrounding Greece's debt crisis weighed on the rupee.
-
Equity dilution: DCB Bank says to seek more time from RBI
The regulator had set a March 2014 deadline for the DCB promoters, Aga Khan Fund (Aga Khan Fund for Economic Development or Akfed), which holds 18 per cent in the city-based bank, and another Fund related entity Platinum Jubilee Investments holding another 1 per cent.
-
Rupee rises to two-week high ahead of RBI review next week
The rupee rose to a two-week high on Friday, notching up a second consecutive week of gains, helped by inflows tied to a domestic share sale and by a weaker dollar after strong US data raised chances of an early retreat from monetary easing.
-
Rupee hits 3-1/2-month peak on heavy dollar inflow
The rupee strengthened slightly against the dollar on Thursday after earlier hitting a three-and-a-half month high, while posting its first monthly gain in four on the back of heavy dollar inflows into the domestic equity and debt markets.
-
Rupee ends marginally lower at 55.28/$, tracks euro moves closely
The rupee fell marginally on Friday as global risk assets remained under pressure.
-
Top 10 stocks to track in today's trade
Here is a list of top 10 stocks you need to track today.
-
Rupee ends flat; RBI seen intervening heavily
The rupee settled flat at 57.01/02, unchanged from Monday's close.
-
Development Credit Bank posts 52% rise in profit on lower NPAs
The bank's gross NPA ratio came down to 4.4 per cent at Rs 7 crore from 5.85 per cent or Rs 11 crore.
-
Rupee ends off lows at 51.14 on likely RBI intervention
The rupee ended at 51.14/15 to the dollar, weaker than Wednesday's close of 51.055/065, but off the day's low of 51.41.
-
Rupee dives to 2-month low on robust dollar demand
The rupee ended at 51.2650/2750 to the dollar, sharply weaker than its previous close of 51.17/18.
-
Rupee at 2-week low despite likely RBI support
The Indian rupee fell to its weakest level in two weeks on Wednesday, despite upbeat market sentiment.
-
Rupee falls to six-week low on import bills, weak local shares
Negative local stocks, subdued global risk appetite due to a slowing Chinese economy and risks surrounding Greece's debt crisis weighed on the rupee.
-
DCB Bank surges on buzz of strong Q3 numbers
Q3 profit after tax (PAT) is expected at Rs 20 crore implying a growth of 48 per cent quarter-on-quarter.
-
DCB up 8% after Q2 net profits jump 176%
Stocks of private sector bank Development Credit Bank (DCB) surged over 8 per cent in early trade on the back of stellar performance in the second quarter. DCB has 80 branches across 10 states and two union territories. The Bank's net interest income rose 27.39 per cent to Rs 59.1 crore in the second quarter against Rs 46.39 crore in the sa...
