Indian Banking Industry News & Updates
RBI fines Rs 11,83,000 crore market cap bank for violation regarding deposits from non-residents
The Reserve Bank on Thursday said it has imposed a penalty of Rs 10,000 each on Bank of America, N.A. And HDFC Bank Ltd for violation of certain norms. The central bank said the penalty on HDFC Bank is for violation of directions on acceptance of deposits from non-residents. The bank has a market capitalisation of Rs 11,83,000 crore as of November 30.
GDP surges 7.6% in 2023 July to September quarter, goes past RBI forecast
Despite a tangible growth downturn in the farm and services sectors as well as consumer spending, India’s Gross Domestic Product (GDP) grew at a higher-than-expected 7.6% in the July to September 2023 quarter, as per initial estimates from the National Statistical Office.
Stock markets eke out gains in highly volatile trade, extend gains to 3rd day
Benchmark equity indices Sensex and Nifty settled with marginal gains on Thursday in a highly volatile trade amid the scheduled monthly derivatives expiry and muted trend in the U.S. markets.
Last Financial Closing
Sensex |
66,174.20 (+204.16) |
NSE |
19,889.70 (+95.00) |
US$ spot |
Rs.72.8 |
US$ |
Y.104.9300 |
US$ 6 months |
Rs. |
Yen |
Rs.0.69 |
Euro spot |
Rs.88.1 |
Gold (10gm) |
Rs.47,196.00 |
Silver (1kg) |
Rs.69,184.00 |
|
|
Crude Oil (WTI) |
|
Crude Oil (Brent) |
$61.3 |
|
|
Scip on BSE |
Face Value (Rs) |
Last Traded Value (Rs.) |
Apollo Tyres |
1 |
423.35 |
Asahi Ind |
1 |
559.35 |
Amara Raja B |
1 |
700.50 |
|
Ashok Leyland |
1 |
178.65 |
Bharat Forge |
2 |
1,099.60 |
JK Tyre Ind |
10 |
341.40 |
Eicher Motor |
10 |
3,840.00 |
Escorts |
10 |
3,193.50 |
Exide Ind |
1 |
283.10 |
Force Motors |
10 |
3,995.70 |
Gabriel India |
1 |
413.00 |
Hero Motocor |
2 |
3,625.00 |
Hind Motors |
5 |
17.30 |
HiTechGear |
10 |
482.50 |
Jay Bharat |
5 |
109.50 |
Jamna Auto |
5 |
113.50 |
Kinetic Engg |
10 |
132.80 |
KOEL |
2 |
561.00 |
Kirloskar Bro: |
2 |
950.00 |
L&T |
2 |
3,053.00 |
Lumax Ind |
10 |
2,680.00 |
Lumax Tech |
10 |
388.10 |
M&M |
5 |
1,565.50 |
Maruti Suzuki |
5 |
10,535.00 |
Motherson SS |
1 |
90.10 |
Minda Inds |
2 |
679.95 |
MRF |
10 |
1,11,501.05 |
Omax Auto |
10 |
63.50 |
Rico Auto |
1 |
94.50 |
JTEKT India |
1 |
137.85 |
SRF Ltd |
10 |
2,353.25 |
|
Tata Motors |
2 |
698.00 |
TVS Motors |
1 |
1,822.00 |
Rupee falls 7 paise to settle at 83.39 against U.S. dollar