Canara Bank sets ball rolling on listing of two subsidiaries

Canara Bank sets ball rolling on listing of two subsidiaries

Canara Bank has set the ball rolling for stake sale in its life insurance and mutual fund subsidiari..

Jana Small Finance Bank IPO subscribed 18.5 times

Jana Small Finance Bank IPO subscribed 18.5 times

Bengaluru-headquartered Jana Small Finance Bank received a warm response for its initial public offe..

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) ..

UBS to buy Credit Suisse for $3.25bn

UBS to buy Credit Suisse for $3.25bn

Backed by the Swiss government and the regulators, UBS has agreed to acquire its troubled rival Cred..

NCLT allows merger of HDFC’s two subsidiaries with HDFC Capital Advisors

NCLT allows merger of HDFC’s two subsidiaries with HDFC Capital Advisors

The National Company Law Tribunal (NCLT) on Friday gave its nod for the merger of HDFC Property Vent..

Tamilnad Mercantile Bank IPO subscribed 2.86 times on final day

Tamilnad Mercantile Bank IPO subscribed 2.86 times on final day

Tamilnad Mercantile Bank's initial public offering (IPO) was subscribed 2.86 times on 7 September, t..

Tamilnad Mercantile Bank IPO fully subscribed

Tamilnad Mercantile Bank IPO fully subscribed

The initial public offer (IPO) of Tamilnad Mercantile Bank has got fully subscribed on the second da..

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..

Bank of India to grow asset management biz, agrees to buy out AXA's stake in 2 subsidiaries

Bank of India to grow asset management biz, agrees to buy out AXA's stake in 2 subsidiaries

As part of its strategy to grow its asset management business under its own franchise, state-owned B..