Wednesday, 30 March 2016

ECONOMIC NEWS -30 MARCH

Kansai Nerolac Paints sells co's land in Chennai for Rs 538 cr.


Divestment Secy: Govt will garner Rs 4,400 cr from buyback in FY16 & has garnered Rs 24,000 cr from divestment this year, highest so far.

Divestment Secy: Appreciate professional approach taken by PSUs for capital management. HAL, Bharat dynamics have offered to buyback shares.

Nippon Life acquires 49 per cent stake in Reliance Life.

Supreme Court: ready to pay Rs 4000 cr to banks by Sept 2016.

Grants 1 week time to SBI-led consortium of banks to reply to 's proposal. To further hear case on April 7.

Thousands of jobs at risk as Tata Steel seeks British exit

Dep growth rate at 9.90 %(as at 18/03/2016)
Advances growth rate at 11.33 %(as at 18/03/2016)
Low Deposit growth rate is matter of concern.

Anil Aggarwal
Owner & Manager at Anil Aggarwal Coaching
(A proprietorship concern for IBPS exam guidance and Bank Interview preparation)
 Mobile:                               +91 9811340788
E-mail ID:         anilakshita@yahoo.co.in
Office: Flat #49, Trilok Apartments, Patparganj, I.P. Extension, Delhi-110092.

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