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RBI accepts 2 core investment companies' applications for surrendering registrationThe Reserve Bank of India has cancelled registration certificates for several non-banking financial companies and core investment companies...
NSE inks 80-year lease with MMRDA for 2.7-acre BKC land for Rs 1,684 croreThe National Stock Exchange of India has made a bold move by leasing a coveted 2.7-acre site in the bustling Bandra-Kurla Complex of Mumbai...
Q4 earnings, crude oil, FII action among 8 factors to steer D-Street this weekIndian stock markets are set for a busy week. Key events like Q4 earnings announcements for many companies will influence trading. Foreign ...
Mirwaiz says anti-drug crackdown welcome, warns against 'law and order prism'Mirwaiz Umar Farooq supports the administration's drug abuse crackdown. He stresses a broader approach is needed, not just arrests. He high...
This smallcap real estate stock rallied 51% in 3 days. What’s behind the surge?Embassy Developments shares surged 51% in three days after the NCLAT overturned an earlier order admitting the company into insolvency proc...
Coforge’s Q4 profit doubles to Rs 612 crore on robust deal winsCoforge's net profit surged over 135% in Q4 FY26, driven by AI efficiencies and strong revenue growth. The IT service provider reported rob...
RBI imposes penalty on Ebix Payment Services, 2 others over non-complianceThe Reserve Bank of India has taken action against Ebix Payment Services, Dr Babasaheb Ambedkar Nagari Sahakari Bank, and Hardoi Jilla Sahk...
SC asks NCLAT to take decision on 14 housing projects of debt-ridden SupertechThe Supreme Court has directed the NCLAT to quickly decide on merging Supertech's remaining 14 housing projects. This move aims to ensure p...
RBL Bank gets RBI nod for Emirates NBD stake buy; Sebi approval awaitedRBL Bank has secured crucial approval from the Reserve Bank of India for its deal with Emirates NBD Bank. This clearance is expected to ini...
No proposal under consideration on merger of PSU banks: MoS FinanceThe government has no current proposals for merging public sector banks, according to Minister of State for Finance Pankaj Chaudhary. He hi...
Amalgamation of 26 Regional Rural Banks (RRBs) takes effectThe amalgamation of 26 Regional Rural Banks across 11 states and Union territories has taken effect, marking the fourth phase of RRB consol...
RBI issues guidelines for amalgamation of district central co-op banks with state co-op banksThe Banking Regulation (Amendment) Act, 2020 has been notified for the StCBs and DCCBs with effect from April 1, 2021. Amalgamation of such...
IFSC codes of these PSU banks will change starting April 1From this year (i.e., 2021), the IFSC codes and MICR codes of the amalgamating banks will be discontinued and the codes used by the anchor ...
Mega PSU bank mergers come into effect from April 1. 5 things a bank customer should knowYou would have given your bank account numbers and IFSC codes for various financial transactions. Unless these accounts are seamlessly merg...
PSU bank mergers: Customers of which banks are likely to be impacted and howRetail customers including account holders of amalgamating banks are likely to get affected.
Dena Bank board clears merger proposal with BoBLast week, government had announced merger of Bank of Baroda, Vijaya Bank and Dena Bank to create the country's second largest lender by as...
- State Bank family union may get delayed
The government prefers staggered merger, the FinMin may seek details on cost of SBI amalgamation with associates.