City Union Bank Bonus Issue: June 11 is the last day for investors to buy shares of City Union Bank to qualify for its 1:3 bonus issue, as the record date has been fixed for June 12. Under SEBI’s T+1 settlement cycle, shares purchased today will be credited to investors’ demat accounts by the record date, making them eligible to receive one bonus share for every three shares held.
Will RBI rate hikes intensify selloff in bank stocks? Analysts explain why fears may be overdone
Bank shares have endured steep declines as investors brace for imminent interest rate hikes from the RBI. Some analysts suggest that the recent selloff may