Customers of several co-operative, regional rural banks affected due to ransomware attack

Customers of several co-operative, regional rural banks affected due to ransomware attack

Customers of several co-operative banks and regional rural banks (RRBs) across the country were not ..

Bank unions write to FM for merger of RRBs with sponsor banks

Bank unions write to FM for merger of RRBs with sponsor banks

Two bank unions -- AIBOC and AIBEA -- have demanded the merger of Regional Rural Banks (RRBs) with t..

HDFC Bank will see period of consolidation as it absorbs merger: Report

HDFC Bank will see period of consolidation as it absorbs merger: Report

HDFC Bank will take 4-5 years to fully digest its merger with its parent last July but expects to re..

SBI-led consortium to fund Adani’s Rs 34,000-cr PVC project in Mundra

SBI-led consortium to fund Adani’s Rs 34,000-cr PVC project in Mundra

A consortium of banks led by the State Bank of India (SBI) has agreed to finance a significant part ..

NCLT admits Go First’s insolvency plea, lessor challenges in NCLAT

NCLT admits Go First’s insolvency plea, lessor challenges in NCLAT

The National Company Law Tribunal (NCLT) has admitted Go First’s voluntary insolvency plea, a move w..

Stage set for consolidation in ARC sector

Stage set for consolidation in ARC sector

India has 28 asset reconstruction companies (ARCs), a lot too many to accommodate as they need to be..

Govt proposes key changes to insolvency law

Govt proposes key changes to insolvency law

The government on Wednesday proposed a slew of changes to the insolvency law, including fast-trackin..

IPRS files insolvency case against Zee Entertainment

IPRS files insolvency case against Zee Entertainment

The Indian Performing Right Society (IPRS) has filed an insolvency case against Zee Entertainment En..

Future Retail insolvency resolution reaches EOI stage

Future Retail insolvency resolution reaches EOI stage

The resolution professional of Future Retail Ltd (FRL) has invited 'expression of interest' from pro..

SBI starts insolvency process against Bajaj Hindusthan Sugar

SBI starts insolvency process against Bajaj Hindusthan Sugar

State Bank of India (SBI) has initiated insolvency proceedings in the National Company Law Tribunal ..

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..

Bandhan-led consortium to acquire IDFC AMC for Rs 4,500 cr

Bandhan-led consortium to acquire IDFC AMC for Rs 4,500 cr

In a battle for acquisition of IDFC's mutual fund business, Bandhan Bank’s parent won against the co..

SBI to buy out partner Canara Bank’s stake in Russia, consolidate global biz

SBI to buy out partner Canara Bank’s stake in Russia, consolidate global biz

State Bank of India (SBI) is buying out Canara Bank’s stake in the joint venture company in Russia a..

Canara Bank to be lead sponsor of bad bank with 12% equity

Canara Bank to be lead sponsor of bad bank with 12% equity

State-owned Canara Bank will be the lead sponsor of National Asset Reconstruction Company Limited (N..

NCLT admits insolvency proceedings against OYO Hotels

NCLT admits insolvency proceedings against OYO Hotels

The National Company Law Tribunal has directed to start insolvency proceedings against OYO Hotels an..