LEARN AND EARN: PNB INTO RECORD BOOKS

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Friday, 20 May 2016

Punjab National Bank went into the books of records after making the largest loss by any Indian bank ever, mainly due to the Asset Quality Review standards set by the RBI. It reported a quarterly loss of Rs 5367 crore, which is due to a huge NPA of Rs 11,380 crore.
Source:http://timesofindia.indiatimes.com/business/india-business/PNB-Q4-loss-highest-by-an-Indian-bank/articleshow/52334767.cms
Some previous posts:
http://dipesh-majumdar.blogspot.in/2016/05/npa-worries-continue.html,
http://dipesh-majumdar.blogspot.in/2016/02/rising-npas.html

STOCK MARKET QUOTES

"No profession requires more hard work, intelligence, patience, and mental discipline than successful speculation." - Robert Rhea

“Everyone has the brainpower to follow the stock market. If you made it through fifth-grade math, you can do it.” – Peter Lynch

“If stock market experts were so expert, they would be buying stock, not selling advice”-Norman Ralph Augustine

“The stock market is filled with individuals who know the price of everything, but the value of nothing.” – Phillip Fisher

“ 90 % of the people in the stock market, professionals and amateurs alike, simply haven’t done enough homework” -William J.O’Neil

"Every once in a while, the market does something so stupid it takes your breath away." - Jim Cramer

"The market does not know if you are long or short and could not care less. You are the only one emotionally involved with your position. The market is just reacting to supply and demand and if you are cheering it one way, there is always somebody else cheering it just as hard that it will go the other way" - Marty Schwartz

"Every trader has strengths and weakness. Some are good holders of winners, but may hold their losers a little too long. Others may cut their winners a little short, but are quick to take their losses. As long as you stick to your own style, you get the good and bad in your own approach." - Michael Marcus

"Money doesn't always bring happiness. People with ten million dollars are no happier than people with nine million dollars." - Hobart Brown

"There is only one side of the market and it is not the bull side or the bear side, but the right side." - Jesse Livermore

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Friday, 20 May 2016

PNB INTO RECORD BOOKS

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