Fund misappropriation led to RBI action on New India Co-operative Bank
The RBI action on New India Co-operative Bank was prompted by alleged misappropriation of funds by the lender's staffers, ...
Bank of America Securities Reaffirms Their Buy Rating on Nova (NVMI)
In a report released today, Vivek Arya from Bank of America Securities maintained a Buy rating on Nova (NVMI – Research Report). The company’s ...
State Bank of India falls Friday, underperforms market
State Bank of India closed 20.84% below its 52-week high of 912.10 rupees, which the company achieved on June 3rd.
MC Exclusive | Empty ATMs, statutory defaults, and deep rating downgrades: AGS Transact faces a crisis
Some banks serviced by AGS Transact have informed the regulator about the increasing cases of ATMs not being refilled and have held back their payments to the company. Crisil and India Ratings have ...