HDFC to acquire SBI’s stake in venture capital arm

HDFC to acquire SBI’s stake in venture capital arm

HDFC Ltd is buying out State Bank of India’s (SBI) entire 19.5% stake in its venture capital subsidi..

Canara Bank board approves capital raise of Rs 9,000 cr in FY23

Canara Bank board approves capital raise of Rs 9,000 cr in FY23

The board of Canara Bank on 24 June approved a Rs 9,000 crore capital raising plan through a combina..

Mulye to join Aditya Birla Capital as CEO; ICICI Bank makes management changes

Mulye to join Aditya Birla Capital as CEO; ICICI Bank makes management changes

Vishakha Mulye, executive director at ICICI Bank in charge of wholesale loans, is taking over as the..

RBI lifts pricing caps on microfinance loans

RBI lifts pricing caps on microfinance loans

The Reserve Bank of India (RBI) has removed pricing caps on microfinance loans given by financial in..

Govt to infuse capital in weak public sector banks

Govt to infuse capital in weak public sector banks

Weak public sector lenders like Central Bank of India and Punjab & Sind Bank will get the lion's..

Recapitalisation of banks needed as Basel IV date nears

Recapitalisation of banks needed as Basel IV date nears

The government will need to revisit its decision to reduce the budget for capitalisation of public s..

India’s retail inflation hits 7-month high, crosses RBI’s upper cap

India’s retail inflation hits 7-month high, crosses RBI’s upper cap

India’s retail inflation in January has hit a seven-month high and breached the Reserve Bank of Indi..

Govt not to infuse capital in PSU banks in FY23

Govt not to infuse capital in PSU banks in FY23

The budget has not provided for any capital infusion in public sector banks in 2022-23.  “..

Bank of Maharashtra plans capital raise, Q3 net doubles

Bank of Maharashtra plans capital raise, Q3 net doubles

Bank of Maharashtra is planning to raise Rs 500-750 crore through a qualified institutional placemen..

Reliance Capital lands in bankruptcy court

Reliance Capital lands in bankruptcy court

Anil Ambani-promoted Reliance Capital has gone into the bankruptcy court. The National Company Law T..

RBI sets up panel to assist Reliance Capital administrator

RBI sets up panel to assist Reliance Capital administrator

A day after superseding the board of directors of Reliance Capital, the Reserve Bank of India (RBI) ..

RBI supersedes Reliance Capital board amid defaults, governance concerns

RBI supersedes Reliance Capital board amid defaults, governance concerns

Another Anil Ambani-controlled company has tumbled down. The Reserve Bank of India (RBI) on Monday s..

RBI ups cap on personal loans to board directors

RBI ups cap on personal loans to board directors

The Reserve Bank of India (RBI) has upped the cap on personal loan amount that can be granted to boa..

RBI ups cap on personal loans to board directors

RBI ups cap on personal loans to board directors

The Reserve Bank of India (RBI) has upped the cap on personal loan amount that can be granted to boa..

RBI caps tenure of bank CEOs, MDs to 15 years

RBI caps tenure of bank CEOs, MDs to 15 years

The Reserve Bank of India has restricted the tenure of a bank chief executive officer to 15 years, a..