Corporate Banks
Go First Locks Horns With Lessors In A Bid To Begin Bankruptcy Hearings
Banking - Published date: .
NEW DELHI (Reuters) - Indian airline Go First's effort to start insolvency proceedings has become ensnared in a tuss... Read more
CSB Bank Net Profit Rises 19% To Rs 156 Crore As Bad Loans Decline
Banking - Published date: .
Private sector lender CSB Bank on Friday reported 19 per cent rise in net profit at Rs 156 crore for March quarter 2022-... Read more
First Citizens Considering To Make An Offer To Buy Collapsed SVB: Report
Banking - Published date: .
As Wall Street giants move to end the spiralling banking crisis in the US, First Citizens BancShares Inc is reportedly c... Read more
Silicon Valley Bank Collapse: Founders Of Colour Unite In A WhatsApp Group
Banking - Published date: .
In the hours after some of Silicon Valley Bank's biggest customers started pulling out their money, a WhatsApp group of ... Read more
SVB Fall: Nazara Tech Says Rs 60 Cr Successfully Shifted To Other Accounts
Banking - Published date: .
Nazara Technologies on Wednesday said that out of Rs 64 crore held by its two step down subsidiaries in Silicon Valley B... Read more
SVB Collapse: Union Minister To Meet Startups To See How Govt Can Help
Banking - Published date: .
As the collapse of Silicon Valley Bank (SVB) in the US left the Indian startup ecosystem worried, Union Minister of Stat... Read more
SaaS Company Icertis Lays Off Employees Despite Raising Impressive Funds
Banking - Published date: .
As last reported, Icertis had more than 2,400 employees globally Read more
PNB, IDBI Bank Get Govt-appointed Directors On Their Boards
Banking - Published date: .
The government has nominated new directors on the boards of Punjab National Bank (PNB) and IDBI Bank, following the cess... Read more
Chinese Banks Seek FM's Intervention In Reliance Infratel's Resolution Plan
Banking - Published date: .
Chinese banks have written to Finance Minister Nirmala Sitharaman on the delays in the implementation of the Resolution ... Read more
Edelweiss Group Partners Indian Bank For Co-lending To Priority Segment
Banking - Published date: .
Diversified financial group Edelweiss on Monday said Edelweiss Housing Finance Ltd and ECL Finance Ltd have entered into... Read more
FinMin To Seek Cabinet Nod To Set Up Firm To Monetise Some CPSE Land Assets
Banking - Published date: .
A special purpose vehicle (SPV) in the form of a company would be set up to hold these assets which would be monetised t... Read more
Google Pay To Allow Users To Open Fixed Deposits On Its Platform
Banking - Published date: .
American tech giant Google has recently partnered with fintech startup Setu to let users open fixed deposits (FDs) throu... Read more
Unclaimed Amrapali Flats Maybe Resold As SC Final Notice Be Given To Buyers
Banking - Published date: .
Top court said that it will direct that a 15-day notice be issued to the 9,538 buyers to update their registration and m... Read more
Vodafone Arbitration Case: Singapore Court To Hear India's Appeal In Sept
Banking - Published date: .
Arbitration court in September rejected India's demand for Rs 22,100 crore in back taxes and penalties from company. Read more
Gurgaon Metro Project Case: IL&FS Gets Rs 1,925 Cr From Haryana Govt
Banking - Published date: .
The payment, duly received in escrow accounts, comes in compliance of the Supreme Court order of March 26, 2021 that rul... Read more
SIDBI Invites Bids From Consultants To Help Set Up Rs 20,000 Cr NaBFID
Banking - Published date: .
SIDBI on behalf of the government has floated Request for Proposal (RFP) inviting bids from consultants to help set up R... Read more
Suraksha Group Seeks More Time To Submit Final Bid For Jaypee Infratech
Banking - Published date: .
This is the fourth round of the bidding process in the matter of JIL bankruptcy case. Read more
NBCC Submits Final Bid To Buy Jaypee Infra; Suraksha Seeks More Time
Banking - Published date: .
State-owned NBCC on Friday submitted its final bid to acquire Jaypee Infratech Ltd (JIL) while rival Suraksha group soug... Read more
Religare Finvest's Revised Debt Restructuring Plan Enters Final Stage
Banking - Published date: .
RFL, an NBFC arm of Religare Enterprises Ltd, has been barred from undertaking fresh business Read more
Jaypee Infratech Insolvency: Lenders Ask NBCC, Suraksha To Improve Bid
Banking - Published date: .
Earlier this month, NBCC and Mumbai-based Suraksha group submitted their revised bids to acquire Jaypee Infratech throug... Read more