Home Entertainment Top stocks in focus: Bandhan Bank, ZEE Entertainment, SBI, RBL Bank

Top stocks in focus: Bandhan Bank, ZEE Entertainment, SBI, RBL Bank

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Top stocks in focus: Bandhan Bank, ZEE Entertainment, SBI, RBL Bank

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RBI lifted regulatory restrictions on the remuneration of Bandhan Bank’s Managing Director and CEO; with this, all the regulatory restrictions imposed by the central bank are now withdrawn.

RBL Bank to consider raising of funds by issuing equity shares on a preferential basis on Aug. 20.

Zee Entertainment Enterprises may post a sharp drop in net profit in the quarter ended June as Covid-19 pandemic-induced lockdown significantly hurt advertising demand. The company is slated to announce its June quarter earnings on Tuesday.

In PSBs, the largest lender State Bank of India (SBI) held majority share with sanctions standing to Rs22,466.42cr as on August 12, and disbursement of Rs16,573.72cr.

Telecom stocks in focus as Supreme Court adjourns telecom dues case to Aug. 19.

Jump Networks will grow its proprietary blockchain platform across India by partnering and investing with MOS Utility.

Delta Corp’s temporary suspension of operations has had an impact on the revenue of casino and hospitality business but the online skill gaming business continues to operate and grow, the company said.

Bharti Airtel Commercial papers issued on May 18 have been paid by the company on August 17 (on the maturity date).

Triveni Engineering approved Rs65cr buyback through the tender offer process at a price of Rs105 per share.

Canara Bank to exercise the call option for the redemption of 8.62% unsecured redeemable subordinate non-convertible upper tier-II bonds series III amounting to Rs1,000 crore subject to approval from RBI.

SEBI has imposed a penalty aggregating to Rs 10 Lakh on State Bank of India for non-compliance of mutual fund regulations with the directions issued by the SEBI in the case of holding, more than prescribed limit, equity shares of UTI AMC Ltd and UTI Trustee Company Pvt. Ltd.

Tata Steel fixes Aug. 28 as the record date for redemption of commercial papers worth Rs1,150cr.

ICRA Ratings assigned AA- rating to Punjab National Bank’s Base III Compliant Tier II bonds and Basel II compliant lower Tier II bonds.

Quess Corp to disinvest 100% stake in its wholly-owned subsidiary Dependo Logistics Solutions Private Limited in an all-cash deal.

Emami Promoters Diwakar Viniyog Pvt, Suraj Viniyog Pvt and Bhanu Vyapaar Pvt released 40,100 pledged shares.

Ajanta Pharma Promoter Ravi Agrawal and Trustee Ravi Agrawal Trust released 10.5 lakh pledged shares.

Results today: Hindustan Aeronautics, Gujarat Industries Power, GTL Infrastructure, Indo Count Industries, KNR Constructions, SPML Infra, TCNS Clothing, Uflex, Vascon Engineers



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