NCLT allows Jet Airways to fly again

NCLT allows Jet Airways to fly again

The National Company Law Tribunal (NCLT) on Tuesday approved the Kalrock-Jalan consortium's resoluti..

Govt seeks to hire advisors for stake sale in IDBI Bank

Govt seeks to hire advisors for stake sale in IDBI Bank

Setting the ball rolling, the government has invited proposals to appoint transaction and legal advi..

Retail inflation hardens to 6-month high of 6.3%

Retail inflation hardens to 6-month high of 6.3%

India’s retail inflation has crossed the Reserve Bank of India’s upper band target of 6%, with an al..

Suraksha group wins creditors' nod to buy Jaypee Infra

Suraksha group wins creditors' nod to buy Jaypee Infra

Mumbai-based Suraksha group will take over the bankrupt Jaypee Infratech Ltd (JIL), providing assura..

ED recoups Rs 9,371 cr for banks in Mallya, Nirav Modi and Choksi fraud cases

ED recoups Rs 9,371 cr for banks in Mallya, Nirav Modi and Choksi fraud cases

Seized assets of fugitive businessmen Vijay Mallya, Nirav Modi and Mehul Choksi worth Rs 9,371.17 cr..

Bank of Baroda shutters 1,300 branches post-merger

Bank of Baroda shutters 1,300 branches post-merger

Bank of Baroda (BOB) has shut down close to 1,300 branches post-merger, making it the most ambitious..

SAT allows PNB Housing Finance to seek shareholders’ vote on Carlyle deal

SAT allows PNB Housing Finance to seek shareholders’ vote on Carlyle deal

Pushed to a tight corner by Sebi, PNB Housing Finance has got relief from the Securities Appellate T..

SBI to raise Rs 14,000 cr via bonds

SBI to raise Rs 14,000 cr via bonds

State Bank of India, the country's largest lender, on Monday said its central board has approved a p..

Rupee posts worst one-day fall in 20 months

Rupee posts worst one-day fall in 20 months

The Indian rupee had its steepest single-day fall in 20 months as it dropped 1.5% on Wednesday after..

RBI fines 3 co-operative banks in Maharashtra

RBI fines 3 co-operative banks in Maharashtra

The Reserve Bank of India RBI on Monday slapped fines of Rs 23 lakh on three co-operative banks for ..

Bank of Baroda launches WhatsApp banking service

Bank of Baroda launches WhatsApp banking service

Bank of Baroda has launched its banking services on WhatsApp. The services on the messaging app incl..

IDFC First Bank Q3 retail deposits surge 100%

IDFC First Bank Q3 retail deposits surge 100%

IDFC First Bank has seen a 100% surge in retail deposits for the fiscal third quarter ended 31 Decem..

RBI introduces identification number for high-value transactions

RBI introduces identification number for high-value transactions

The Reserve Bank of India has introduced the legal entity identifier (LEI) system for all payment tr..

RBI allows RRBs to access liquidity windows

RBI allows RRBs to access liquidity windows

The Reserve Bank of India has allowed regional rural banks (RRBs) to access the liquidity adjustment..