The financial creditors of Dewan Housing Finance Corporation Ltd (DHFL) will reportedly get paid over the next few days as the Piramal group moves towards completing the acquisition of the mortgage le...
Lenders to Videocon Industries Ltd executed a neat somersault on Monday when they decided to seek fresh bids for the company and 12 other firms after coming under fire for accepting a lowball debt res...
The State Bank of India has revised its base rate to 7.45 per cent and benchmark prime lending rate to 12.20 per cent. The new rates come into effect from Wednesday (September 15, 2021).
According to...
Punjab National Bank (PNB) is set to raise up to Rs 6,000 crore through bonds.
In a regulatory filing, the state-owned lender said that its board on Friday approved raising capital by issuing Basel-I...
Banking giant HSBC has appointed former SBI chairman Rajnish Kumar as a non-executive director for its Hong Kong-based Asia unit.
Kumar, who retired from the country’s largest lender after four...
HDFC Bank on Monday said the bank plans to raise capital by additional tier- I (AT1) bonds in the overseas market to fund its business growth.
The bank is expected to raise up to $1 billion from thes...
The State Bank of India on Wednesday posted a 55.24 per cent rise in net profit for the April-June quarter of 2021-22. The net profit of the country’s largest lender came in at Rs 6,504 crore fo...
A British court on Monday granted a bankruptcy order against Vijay Mallya, paving the way for a consortium of Indian banks led by the State Bank of India (SBI) to pursue a worldwide freezing order to ...
Growth matters
Sir — Yesterday was World Population Day. Within the next decade, India will be the world’s most populous country, overtaking China. India will then be blessed with a young...