Weekend Money | SBI Yes Bank Bandhan Bank Maruti Suzuki Reliance NSE Mutual Fund

1.4K views · May 04, 2019 · 9:22 min · Watch on YouTube ↗

Takeaway

Mixed banking week — Yes Bank crashes 25% on huge loss while Bandhan delivers 68% profit growth; SEBI takes historic action against NSE.

Summary

SBI reduced savings interest from 3.5% to 3.25% for balances above Rs.1 lakh from May 1; Maruti Suzuki April sales fell 17.2% YoY to 1.43 lakh (Alto + WagonR down 39.8%)
SEBI fined NSE Rs.624.89 cr + 12% interest from April 2014 for co-location facility abuse; banned NSE 6 months; ordered Chitra Ramakrishna and Ravi Narayan to disgorge 25% of their pay
Reliance Home Finance and Reliance Commercial Finance debt papers downgraded to D by CARE; 5 MFs (Reliance Nippon, SBI, DHFL Pramerica, UTI, L&T, Aditya Birla) hold Rs.2,570 cr exposure
Yes Bank Q loss Rs.1,506 cr vs expected Rs.1,024 cr profit, GNPA jumped 2.1% to 3.22%, stock down 25.84% week; Bandhan Bank YoY profit +67.81% to Rs.999 cr; April GST hit all-time high Rs.1.13 lakh cr

Yes BankSEBI NSEBandhan Bank

Original description

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In this video we have discussed weekly stock market news between 27th April 2019 to 3rd May 2019. Also explained weekly , yearly Performance of major indices & Mutual Funds.

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