Banks
Punjab National Bank Eyes Three-fold Rise In Profit In Fiscal 2022
Banking - Published date: .
Despite Covid-19, the bank's profit surged over five times during the financial year ended March 2021 Read more
PNB To Transfer Bad Loans Worth Rs 8,000 Crore To NARCL
Banking - Published date: .
In current quarter, the bank expects substantial recovery from DHFL, although there are some issues lingering in NCLAT, ... Read more
Canara Bank Gets Board Approval To Raise Up To Rs 9,000 Cr In FY22
Banking - Published date: .
Stock of Canara Bank closed at Rs 161.85 apiece on the BSE, up by 5.37 per cent. Read more
Axis Bank Awaits Nod To Reclassify 3 Promoters As Public Shareholders
Banking - Published date: .
United India Insurance Company, National Insurance Company and New India Assurance Company will be reclassified as publi... Read more
Mumbai Angels Back Cloud-based Neobank Nemo With Undisclosed Funding Amount
Banking - Published date: .
A brainchild of IIM Ahmedabad alumni, Nemo is creating a unique business that aims to empower Indian MSMEs with the fina... Read more
Private Lender Yes Bank Targets Startup Sector, Ties-up With GVFL
Banking - Published date: .
To broaden its services for the start-up sector, the lender Yes Bank has tied-up with GVFL Limited. Read more
Individual Loan Business Continues To Improve In January-March: HDFC
Banking - Published date: .
Loans worth Rs 7,503 crore were assigned to its banking subsidiary. Read more
CAIT Demands MSME Status Restoration For 8 Cr Traders From Service Industry
Banking - Published date: .
The Confederation of All India Traders (CAIT) has demanded restoration of MSME status taken away in 2017 from 8 crore re... Read more
BNP Paribas Cardif Offloads 5% Stake In SBI Life Via Open Market Sale
Banking - Published date: .
The French insurer held a 5.20 per cent stake in SBI Life before selling a major part of its stake in the company Read more
SBI Payments To Launch YONO Merchant App For Low-cost Payments
Banking - Published date: .
SBI Payments is a subsidiary of India's largest lender State Bank of India Read more
PNB Receives Loan Rejig Requests Of Only Rs 12,000 Crore, Says PNB MD
Banking - Published date: .
Restructuring sought for corporate loans has been worth Rs 9,000 crore Read more
Banks Vote In Favour Of Piramal Offer For DHFL, See Holes In Oaktree Bid
Banking - Published date: .
With this Piramal succeeds in getting the requisite 66 per cent voting, says source Read more
Expect Banks To Lend More To The Two-wheeler Segment: Honda Motor
Banking - Published date: .
Honda Motorcycle and Scooter India (HMSI) on Friday said banks should enhance lending to two-wheeler customers in order ... Read more
Canara Bank Raises Rs 1,012 Cr By Issuing Basel III Compliant Bonds
Banking - Published date: .
Canara Bank on Friday said it has raised Rs 1,012 crore by issuing Basel III compliant bonds Read more
Govt Extends Deadline For Merchant Bankers To Bid For IRCTC Till Sept 14
Banking - Published date: .
The government has extended the deadline for merchant bankers to bid for managing IRCTC stake sale by 4 days till Septem... Read more
Citigroup's Next CEO Has A Herculean Task: Turning The Bank Around For Real
Banking - Published date: .
When Jane Fraser takes the helm of Citigroup Inc in February, she will have some big tasks ahead of her Read more
Citigroup Picks Jane Fraser As Next CEO, First Woman In That Role
Banking - Published date: .
Citigroup announced that Jane Fraser would succeed Michael Corbat as the bank's next chief executive, making Fraser the ... Read more
Future Enterprises Board Meet On Group Firms' Merger Postponed By A Week
Banking - Published date: .
The plan to merge the three Future group companies - Future Lifestyle, Future Supply Chain and Future Retail - is being ... Read more
The Company That Saved Barneys, Forever 21 While In Bankruptcy Says It's Time To 'buy Low, Sell High'
AMERICA - Published date: .
The company that has purchased retailers such as Forever 21 out of bankruptcy is looking for buying opportunities during... Read more
Jamie Dimon Says Coronavirus Crisis Is 'wake-up Call' For A More Inclusive Economy
AMERICA - Published date: .
Dimon detailed the steps his firm has taken to support customers and employees since the crisis began two months ago. Read more