CBI arrests Chanda Kochhar and her husband Deepak Kochhar; case relates to alleged irregularities in Rs 3,250-crore loan provided to Videocon Group when Chanda was ICICI Bank CEO.
Yes Bank transfers its 24.19% stake in Dish TV to JC Flowers ARC; invoked shares of six other firms also transferred to the ARC.
In order to make the bid to buy a majority stake in IDBI Bank attractive to more suitors, the government is likely to waive some tax norms for the buyer. Earlier, the Centre had extended the deadline for initial bids.
Gitanjali Gems heads the list with defaults on loans worth Rs 7,848 crore, said minister of state for finance Bhagwat Karad.
Yes Bank CEO Prashant Kumar termed transfer of bad loans, along with recent capital raise, as another strategic milestone in turnaround journey of the bank.
The government has extended the deadline to submit expressions of interest for buyout of its 60.7% stake in IDBI Bank by 3 weeks.
IDBI Bank is seeking an insolvency proceeding against Zee Entertainment Enterprises Ltd to recover dues of Rs 149.60 crore.
Yes Bank board approves allotment shares to private equity firms Carlyle Group and Advent International following the Reserve Bank of India's nod for the same.
Banks have written off bad loans worth Rs 10,09,511 crore during the last five financial years, finance minister Nirmala Sitharaman revealed.
India’s retail inflation fell below RBI’s upper tolerance level of 6% for first time in 11 months in November due to softening of food prices but pause in interest rate hikes may still not be on the cards.
RBI shortlists seven global consultancy firms to use artificial intelligence and machine learning for supervisory functions.
RBI has moved along expected lines, raising repo rate by 35 basis points, lowering growth expectation and maintaining its 6.7% inflation forecast for the current fiscal year ending March.
Indian government will allow a consortium of foreign funds and investment companies to own over 51% stake in state-owned IDBI Bank.
State Bank of India has put a new feather in its cap by crossing the Rs 5-trillion mark in personal banking advances minus high-value home loans.
If you are in Hyderabad, you can buy gold from an ATM machine; credit for setting up India’s first gold ATM goes to Goldkikka Pvt Ltd.
