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..

HDFC plans to raise $1.1 bn

HDFC plans to raise $1.1 bn

Mortgage lender HDFC Ltd will raise $1.1 billion in external commercial borrowing (ECB) for on-lendi..

Carlyle, Advent to invest Rs 8,900 cr in Yes Bank

Carlyle, Advent to invest Rs 8,900 cr in Yes Bank

Yes Bank chief executive officer Prashant Kumar is promptly putting all the pieces together so that ..

Unclaimed deposits rising, RBI launches awareness campaign

Unclaimed deposits rising, RBI launches awareness campaign

With the amount of unclaimed deposits swelling, the Reserve Bank of India (RBI) has launched a natio..

Canara Bank CEO sees ‘decent’ double-digit credit growth; credit card arm likely by Q3

Canara Bank CEO sees ‘decent’ double-digit credit growth; credit card arm likely by Q3

Canara Bank plans to raise Rs 7,000 crore in the remaining part of the financial year and float a cr..

Axis Bank looks to complete Citibank acquisition by Q4

Axis Bank looks to complete Citibank acquisition by Q4

Axis Bank expects to complete the acquisition of Citibank’s consumer business in India by the fourth..

CCI clears Axis Bank-Citibank deal

CCI clears Axis Bank-Citibank deal

Axis Bank has cleared another hurdle in completing its acquisition of Citibank’s consumer business i..

Canara Bank launches mobile banking ‘super’ app

Canara Bank launches mobile banking ‘super’ app

Bengaluru-headquartered Canara Bank has launched a mobile banking  app called ‘Canara ai1 – The..

ICICI Bank Q1 net up 50% at Rs 6,905 cr

ICICI Bank Q1 net up 50% at Rs 6,905 cr

ICICI Bank has reported a 49.6% year-on-year rise in net profit to Rs 6,904.94 crore for the quarter..

Govt likely to float EoI for IDBI Bank stake sale within a month

Govt likely to float EoI for IDBI Bank stake sale within a month

The government will likely float an expression of interest (EoI) for the divestment of IDBI Bank wit..

IndusInd Bank eyes 20% credit growth in FY23

IndusInd Bank eyes 20% credit growth in FY23

Private sector lender IndusInd Bank reported a 64.4% year-on-year rise in net profit to Rs 1,603.29 ..

SBI plans to raise Rs 11,000 cr in FY23

SBI plans to raise Rs 11,000 cr in FY23

State Bank of India (SBI) has received board approval to raise up to Rs 11,000 crore through issuanc..

SBI launches WhatsApp banking service

SBI launches WhatsApp banking service

In a move to make banking easier for its customers, State Bank of India (SBI) on Wednesday launched ..

NCLT orders insolvency proceedings against Future Retail

NCLT orders insolvency proceedings against Future Retail

The National Company Law Tribunal (NCLT) on Wednesday ordered insolvency resolution proceedings agai..

Gandhi, Gopalkrishnan cease to be directors at Yes Bank

Gandhi, Gopalkrishnan cease to be directors at Yes Bank

Former RBI Deputy Governor R Gandhi and professor Ananth Narayan Gopalakrishnan have ceased to be ad..