Tata Capital board approves plan to consolidate arms
Tata Capital, the holding company of Tata Group's financial services business, is consolidating its group subsidiaries following a recent board...
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Enterprise
Indian banks unlikely to go SVB, Credit Suisse way as they can swim good in troubled waters
The bank failures in the world's largest economy and in Europe following the pandemic and war-induced tightening cycle posed a...
Read moreLIC total premium rises 17 pc to Rs 2.32 lakh cr in FY23
Life Insurance Corporation (LIC) on Monday said its total premium rose 17 per cent to Rs 2.32 lakh crore during...
Read moreMAS clears merger of HDFC Investments with HDFC Bank
HDFC Bank on Monday said Monetary Authority of Singapore (MAS) has given an approval for merger of HDFC Investments and...
Read moreDBS knew problem areas at Lakshmi Vilas Bank, cleaned up and integrated business from day 1: India CEO
In November 2020, when the Reserve Bank of India (RBI) decided to hand over the distressed Lakshmi Vilas Bank (LVB)...
Read moreVedanta encumbers stake in HZL to raise Rs 1,500 cr in loans
Anil Agarwal-led resources conglomerate Vedanta has encumbered a part of its stake in Hindustan Zinc (HZL) to raise Rs 1,500...
Read moreSBI looks to raise $500 million via dollar bonds
State Bank of India has sounded out international banks for a potential $500 million fundraise through a global bond issue,...
Read morePublic Sector Banks plan app for e-auctioning 500k properties
State-run banks will set up an e-auction app to dispose of about 500,000 properties over the next five years. "Our...
Read moreRBI allows AU Small Finance Bank, Equitas Bank to deal with foreign exchange
AU Small Finance Bank on Wednesday said it has received permission from Reserve Bank of India to deal in foreign...
Read morePSU banks list assets for sale to NARCL after finance ministry nudge
The government-promoted asset reconstruction company will evaluate accounts of about 300 distressed companies with cumulative loans of Rs 3lakh crore...
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