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These 6 banking stocks have an upside potential of up to 26% in 1 year, according to analystsThe way things are panning out with the Gulf war, the probability of ever greater volatility in markets across the globe is high. And highe...
NCLT puts Subhash Chandra repayment plan on hold, bars him from alienating propertiesA special NCLT bench issued notices and banned property alienation in Subhash Chandra's insolvency case. The tribunal noted no majority vie...
Rajesh Exports repays ₹510 crore dues to Canara Bank after DRT orderCanara Bank recovered all dues totaling ₹510 crore from Rajesh Exports. This recovery followed an order by a debt recovery tribunal. The ba...
MSCI rejig disrupts arbitrage playbook, fuels late-session volatilityMSCI index rebalancing on Monday saw sharp stock swings in the final minutes. Global funds adjusted holdings, impacting several stocks sign...
Subhash Chandra's dissenting lenders Canara Bank, Union Bank move NCLAT against NCLT orderDissenting lenders have challenged the NCLT order approving Subhash Chandra's personal insolvency plan. The Essel Group chairman's plan pro...
Group entities to reconcile, settle dues with lenders: Essel ChairmanSubhash Chandra, the chairman of Essel Group, reassured lenders regarding the reconciliation of outstanding dues from borrowers. He highlig...
Numbers Boost: FCNR-B inflows help banks cut expensive bulk depositsIndian banks are actively reducing costly bulk deposits after strong foreign currency inflows. This strategy helps optimize funding costs a...
Dissenting creditors alleged family-linked entities cast 61.78 pc votes that cleared Subhash Chandra's insolvency planDissenting lenders have alleged that five entities linked to Subhash Chandra’s family controlled 61.78% of voting rights and helped approve...
Bankers question role of RP in the Subhash Chandra case and how net worth was computedDissenting banks say unresolved pleas for a forensic audit and asset trailing to be conducted on Subhash Chandra's financials to probe how ...
Union Bank, LIC Housing Fin, Canara Bank challenge NCLT nod to Subhash Chandra resolution planCanara Bank, Union Bank of India, and LIC Housing Finance will challenge a repayment plan. The National Company Law Tribunal approved the p...
HDFC Bank, LIC Housing Finance to contest Zee resolutionHDFC Bank and LIC Housing Finance will challenge the NCLT ruling on the Zee Group debt settlement. The approved plan includes a small payme...
These 8 banking stocks have an upside potential of up to 22% in 1 year, according to analystsWhen it comes to the banking sector, one should, at this point of time, give some leeway in terms of credit growth. The more important thin...
HC says won't consider non-encashment of Reliance Communications' bank guarantees as defaultThe Delhi High Court will not consider non-encashment of RCom bank guarantees as a default. This ruling applies until the next hearing sche...
444-day FD with highest interest rates: Which PSU bank provides highest maturity on Rs 5 lakh investment? Check herePublic sector banks are currently offering enticing interest rates on fixed deposits with special tenures. The standout option is the 444-d...
SBI customer alert: Basic savings account cash withdrawals beyond 4 times to attract Rs 15 charge from October 1In an effort to revise its fee structure, the State Bank of India will enforce service charges on Basic Savings Bank Deposit accounts. Cust...
- CBI registers case against BluSmart's founders Anmol Singh Jaggi and Puneet Singh Jaggi
The CBI has filed a case against BluSmart founders. This action follows allegations of causing a significant financial loss to IREDA. Funds...
Pledged gold jewellery stolen in bank robbery: Will bank repay full gold value, including making charges? Consumer commission answersA man from Tumkur in Karnataka opened 2 gold loan accounts at a Canara Bank branch by pledging 2 items of gold each under both, in August 2...