Sebi halts Rs 4,000-cr PNB Housing Finance-Carlyle deal

Sebi halts Rs 4,000-cr PNB Housing Finance-Carlyle deal

Private equity giant Carlyle group’s Rs 4,000-crore deal to acquire controlling stake in PNB Housing..

IDBI Bank invites bids to shed stake in Arcil

IDBI Bank invites bids to shed stake in Arcil

Ahead of the formation of National Asset Reconstruction Company Ltd (NARCL), IDBI Bank has invited b..

Raghuram Rajan warns against 'bombshell' idea of allowing corporates to own banks

Raghuram Rajan warns against 'bombshell' idea of allowing corporates to own banks

Former Reserve Bank of India (RBI) governor Raghuram Rajan has cautioned against the entry of indust..

DHFL: Oaktree weighing legal course after lenders back Piramal

DHFL: Oaktree weighing legal course after lenders back Piramal

The committee of creditors voted in favour of a resolution bid submitted by Piramal Capital and Hous..

RBI gets Centrum-BharatPe to rescue PMC Bank

RBI gets Centrum-BharatPe to rescue PMC Bank

Punjab & Maharashtra Cooperative Bank (PMC), which has been hit by a scam and had the Reserve Ba..

Police broaden probe into fishy Chinese loan apps

Police broaden probe into fishy Chinese loan apps

Preliminary police investigations indicate unknown Chinese businessmen are running dubious instant l..

CSB Bank partners IIFL Finance to push gold loans

CSB Bank partners IIFL Finance to push gold loans

Fairfax backed private-sector lender CSB Bank (formerly Catholic Syrian Bank) has entered into a par..

RBI grants in-principle nod to Centrum to set up a small finance bank

RBI grants in-principle nod to Centrum to set up a small finance bank

Punjab & Maharashtra Cooperative Bank (PMC), which has been hit by a scam and had the Reserve Ba..

Videocon bidder paying almost nothing, says NCLT

Videocon bidder paying almost nothing, says NCLT

The National Company Law Tribunal (NCLT) has observed that the bidder is “paying almost nothing” for..

Canara Bank to be lead sponsor of bad bank with 12% equity

Canara Bank to be lead sponsor of bad bank with 12% equity

State-owned Canara Bank will be the lead sponsor of National Asset Reconstruction Company Limited (N..

Regulators to examine PNB Housing Finance-Carlyle deal: Report

Regulators to examine PNB Housing Finance-Carlyle deal: Report

Reserve Bank of India as well as Sebi will look into various regulatory issues related to the propos..

PNB Housing Finance says pricing for share sale in line with law

PNB Housing Finance says pricing for share sale in line with law

PNB Housing Finance, which has been facing criticism over its proposed Rs 4,000-crore deal with Carl..

ICICI Bank raises Rs 2,827 cr by issuing bonds

ICICI Bank raises Rs 2,827 cr by issuing bonds

ICICI Bank has raised over Rs 2,827 crore by issuing bonds on a private placement basis.In April, th..

HDFC Bank to refund GPS device commission to auto loan borrowers

HDFC Bank to refund GPS device commission to auto loan borrowers

HDFC Bank said Thursday it will refund the “GPS device commission” charged to auto loan borrowers fo..

RBI proposes regulatory changes for microfinance sector

RBI proposes regulatory changes for microfinance sector

The Reserve Bank of India (RBI) on Monday proposed a uniform regulatory framework for the microfinan..