NEWS


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.

Videocon bidder paying almost nothing, says NCLT

Videocon bidder paying almost nothing, says NCLT

Twin Star Technologies’ offer of Rs 2,962 cr for 13 Videocon companies, against admitted claims of Rs 64,838 cr, is close to their liquidation value.

Regulators to examine PNB Housing Finance-Carlyle deal: Report

Regulators to examine PNB Housing Finance-Carlyle deal: Report

RBI and Sebi to look into regulatory issues related to the proposed Rs 4,000 cr-investment by Carlyle and others in PNB Housing Finance.

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

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

Process followed in determining issue price for share sale to Carlyle group is in compliance with law, Punjab Housing Finance said.

RBI proposes regulatory changes for microfinance sector

RBI proposes regulatory changes for microfinance sector

RBI proposes uniform regulatory framework for microfinance sector; MFIs can provide collateral-free loans to households at board-determined interest rates.

Yes Bank gets board nod to raise Rs 10,000 cr

Yes Bank gets board nod to raise Rs 10,000 cr

Private sector lender Yes Bank has approved raising up to Rs 10,000 crore by issuing debt securities.

RBI allows banks to up charges for ATM transactions

RBI allows banks to up charges for ATM transactions

RBI allows banks to increase charges for cash and non-cash ATM transactions beyond free monthly permissible from next year.

RBI printing money should be last option: ex-RBI guv

RBI printing money should be last option: ex-RBI guv

RBI should avoid printing money to finance govt; Covid bonds an option to raise govt borrowing.

NCLT approves Anil Agarwal's takeover of Videocon

NCLT approves Anil Agarwal's takeover of Videocon

NCLT approves resolution plan submitted by the Anil Agarwal firm for Videocon Group; among other gains, Vedanta will now own more than ONGC in Ravva oil field in the KG Basin.

Jignesh Shah's firm to move NCLAT against Piramal's DHFL bid

Jignesh Shah's firm to move NCLAT against Piramal's DHFL bid

63 moons technologies will move NCLAT to challenge NCLT order which allowed Piramal Group to take over DHFL.

World Bank cuts India’s growth forecast to 8.3%

World Bank cuts India’s growth forecast to 8.3%

World Bank cuts its FY22 growth forecast for India to 8.3% from 10.1% estimated earlier in April due to crippling impact of second wave of coronavirus.

NCLT approves Piramal’s bid for DHFL

NCLT approves Piramal’s bid for DHFL

NCLT approves Piramal Group’s bid for bankrupt-DHFL, subject to final judgments in NCLAT and Supreme Court.

RBI opens Rs 15,000 cr liquidity window to hotels, tourism, salons

RBI opens Rs 15,000 cr liquidity window to hotels, tourism, salons

RBI opens separate liquidity window of Rs 15,000 cr to Covid-hit sectors; hotels, tourism and salons are included in list.

India’s forex reserves crosses record high of $600bn

India’s forex reserves crosses record high of $600bn

India's forex reserves may have crossed record level of $600bn on back of robust capital flows, says RBI Guv Shaktikanta Das.

RBI's Rs 1.2 lakh cr liquidity support under GSAP 2.0 in Sept quarter

RBI's Rs 1.2 lakh cr liquidity support under GSAP 2.0 in Sept quarter

RBI will buy bonds worth Rs 1.2 lakh crore in the September quarter under its G-Sec Acquisition Program 2.0.