Banking
SAT provides relief to PNB Housing, allows EGM to vote on Carlyle deal
However, PNB Housing is required to issue the necessary instructions to the securities depository NSDL to ensure the voting results…
Banking
Banking
Banking
PNB Housing challenges SEBI’s decision to pause its Rs.4,000 crore deal with Carlyle Group
Following allegations of undervaluation, SEBI put a pause on the deal and wrote a letter to PNB Housing last week.
Banking
Karnataka Bank declares Reliance Home Finance, Reliance Commercial Finance in fraud of over Rs 160 crore
The lender said it has been dealing with Reliance Home Finance since 2015 and with Reliance Commercial Finance since 2014.
Banking
HDFC Bank to acquire stake worth over Rs 1,906 cr in HDFC General Insurance
The purchase is to happen at a price determined on an independent evaluation report, subject to receipt of necessary approvals…
Banking
The Ministry of Finance responds to the gain of Indian funds in the Swiss Bank
On Friday, it was reported that the Indian funds gained around Rs 20,700 crore in the Swiss Bank. On this…
Banking
What are the challenges to the Indian banking sector?
Lets have an overview of challenges to the Indian banking sector.
Banking
How to reduce NPAs?
We will present you with facts on how to reduce NPAs.
Banking
Banks to sell Vijay Mallya’s shares in 3 companies on June 23 to recover Rs 6,203 crore
The fugitive businessman had escaped to the UK in 2016 while he owed Rs 9,000 crore to 17 Indian banks.…
Banking
Centrum Financial Services granted approval to takeover PMC Bank by RBI
Centrum Financial Services has been given the in-principle approval on Friday by the Reserve Bank of India (RBI) to take…
Banking
Indian funds in Swiss banks gained around Rs 20,000 crore in the year 2020
On Thursday, annual data from Switzerland central bank exhibited that funds placed by Indian individuals and firms in Swiss banks,…
Banking
HDFC Bank working with RBI on resuming its banned services
HDFC Bank on Thursday said network outages that led to a regulatory ban on new mastercard sales weren’t thanks to…
Banking
COVID-19 impact: Kotak Life Insurance company to incur Rs 275 crore loss in June quarter
Kotak Mahindra Life Insurance Company said that the foregoing extraordinary development and its potential impact were discussed at a meeting…