NEWS


'Low resolution value of Videocon made us move NCLAT'

'Low resolution value of Videocon made us move NCLAT'

Vedanta's takeover offer for Videocon group of companies was too low, says Bank of Maharashtra CEO AS Rajeev; bank’s Q1 profit up 106% to Rs 208 cr.

Indian Bank to transfer Rs 1,900 cr of bad loans to NARCL

Indian Bank to transfer Rs 1,900 cr of bad loans to NARCL

Indian Bank Q1 net at Rs 1,182 cr; bank to move eight accounts worth Rs 1,900 cr to the bad bank.

NCLAT stays Anil Agarwal's takeover of Videocon

NCLAT stays Anil Agarwal's takeover of Videocon

NCLAT stays Twin Star Technologies’ Rs 2,962.02 cr-takeover bid of Videocon; two dissenting creditors had filed pleas opposing the resolution plan.

Indian Bank to transfer Rs 1,900 cr of bad loans to NARCL

Indian Bank to transfer Rs 1,900 cr of bad loans to NARCL

Indian Bank Q1 net at Rs 1,182 cr; bank to move eight accounts worth Rs 1,900 cr to the bad bank.

NCLAT stays Anil Agarwal's takeover of Videocon

NCLAT stays Anil Agarwal's takeover of Videocon

NCLAT stays Twin Star Technologies’ Rs 2,962.02 cr-takeover bid of Videocon; two dissenting creditors had filed pleas opposing the resolution plan.

HDFC Bank CEO updates on tech, Mastercard

HDFC Bank CEO updates on tech, Mastercard

HDFC Bank complies with 85% of RBI's asks on technology; ball now in RBI’s court on when to lift ban on issuing new credit cards, CEO Sashidhar Jagdishan says.

HDFC Bank CEO updates on tech, Mastercard

HDFC Bank CEO updates on tech, Mastercard

HDFC Bank complies with 85% of RBI's asks on technology; ball now in RBI’s court on when to lift ban on issuing new credit cards, CEO Sashidhar Jagdishan says.

RBI extends deadline for banks to upgrade ATMs

RBI extends deadline for banks to upgrade ATMs

RBI gives banks time till March 2022 to use only lockable cassettes for replenishing cash in ATMs.

RBI bans Mastercard from adding new customers

RBI bans Mastercard from adding new customers

RBI indefinitely bars Mastercard from issuing new debit, credit or prepaid cards to domestic customers for violating local data storage rules.

RBI extends deadline for banks to upgrade ATMs

RBI extends deadline for banks to upgrade ATMs

RBI gives banks time till March 2022 to use only lockable cassettes for replenishing cash in ATMs.

India's bad bank to seek RBI approval for ARC licence

India's bad bank to seek RBI approval for ARC licence

India’s bad bank got formalised with incorporation of NARCL in Mumbai; SBI’s Padmakumar Madhavan Nair to be managing director.

India's bad bank to seek RBI approval for ARC licence

India's bad bank to seek RBI approval for ARC licence

India’s bad bank got formalised with incorporation of NARCL in Mumbai; SBI’s Padmakumar Madhavan Nair to be managing director.

Equitas SFB gets RBI nod to apply for amalgamation

Equitas SFB gets RBI nod to apply for amalgamation

Equitas Small Finance Bank has been allowed by RBI to apply for amalgamation of the promoter entity into itself.

Bank staff in sensitive ops to get 'surprise leaves': RBI

Bank staff in sensitive ops to get 'surprise leaves': RBI

Bankers working in sensitive positions, including in treasury operations, will be compulsorily sent on surprise leave for at least 10 days every year, RBI said.

Federal Bank CEO Shyam Srinivasan gets RBI nod for 3-year extension

Federal Bank CEO Shyam Srinivasan gets RBI nod for 3-year extension

RBI approves reappointment of Shyam Srinivasan as MD & CEO of Federal Bank for three more years until 22 Sep 2024.