Indian Bank plans to kick off subsidiary in FY25

Indian Bank plans to kick off subsidiary in FY25

After getting approval, Indian Bank is working on floating a wholly-owned subsidiary with capital in..

Canara Bank plans to move credit card biz to subsidiary arm, buy out partners

Canara Bank plans to move credit card biz to subsidiary arm, buy out partners

Canara Bank is planning to buy out the stakes of its minority partners in an unlisted subsidiary and..

ICICI Bank gets RBI nod to make I-Process wholly owned subsidiary

ICICI Bank gets RBI nod to make I-Process wholly owned subsidiary

The Reserve Bank of India (RBI) has given approval to ICICI Bank to make I-Process Services (India) ..

Axis Bank winding up UK subsidiary

Axis Bank winding up UK subsidiary

Private lender Axis Bank is winding up its subsidiary in Britain as part of its strategy to focus on..

Federal Bank’s subsidiary files for IPO

Federal Bank’s subsidiary files for IPO

Fedbank Financial Services, a subsidiary of Federal Bank, has filed with capital markets regulator S..

Federal Bank’s subsidiary to head for IPO

Federal Bank’s subsidiary to head for IPO

Federal Bank’s subsidiary, Fedbank Financial Services (FedFina), will head for an initial public off..

PNB to house credit card biz in subsidiary, offload stake in future

PNB to house credit card biz in subsidiary, offload stake in future

Punjab National Bank (PNB) will hive off its newly set up credit card business into a wholly owned s..