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CANBANK FACTORS LTD
8 things you should know about A Manimekhalai, new Union Bank of India CEOThe government appointed A Manimekhalai has extensive experience as Director on the Board of five other companies namely Canbank Factors Lt...- Rational people are successful in all markets, says A BalasubramanianA Balasubramanian started his career as an investment manager thirty years ago. Some of us remember him as the go-to debt fund manager. The...
- Can Fin Homes, Canara Bank jump up to 5% on stake dilution planFollowing the announcement, shares of CanFin Homes jumped 4.85 per cent to hit a high of Rs 1,720 on BSE. Canara Bank rose 1.55 per cent to...
- After big loss, Canara bank to sell stake in assets, raise Rs 500 croreIn March, finance ministry directed PSU banks to divest their holdings as it wants the lenders to raise resources internally to meet their ...
- CAG flays IRDEA for loan to Purti; says Nitin Gadkari gave guaranteeThe CAG reports said "promoters and/or directors of the borrower company had given their personal guarantee for the loan".
- Bombay High Court will hear Gini & Jony case on August 7The Bombay High Court will hear the case between kids' apparel retailer Gini & Jony and its lenders including Barclays Bank PLC on August 7.
- Garage start-up: Atul Hemani’s IT firm Omnitech InfoSolutions now in four continentsOmnitech was born in a spare garage owned by Avinash Pitale's father in Thane, Maharashtra, in 1987. It specialise in offering end-to-end I...
- Worst seems to be over for Indian markets for now: Nand Kumar Surti, JP Morgan AMCMarket has witnessed a relief rally on the back of sanity coming into European mkts & pointers that have been given to solve crisis, says N...
- SBI pips rivals to GTF, plans to buy 91% for Rs 521 crThe State Bank of India has said it intends to buy a 91% stake in Global Trade Finance (GTF), reports Our Mumbai Bureau. The transaction is...
- Cash in handSuccess comes with its own set of problems. Ask DK Sharma, DGM-finance at Advance Detergents, a leading manufacturer of surfactants used in...
- MNC, local banks eye stake in Global TradeSeveral MNC and Indian banks are looking at picking up stake in Mumbai-based Global Trade Finance (GTF), a big player in the factoring busi...
- Canara Bank's open to synergy-based M&AsEstablished over 100 years ago, Canara Bank is among the top two nationalised banks in the country. With the buzz building up over consolid...
- Foreign cos’ entry may spur factoringThe factoring industry has still not come of age in India. The Reserve Bank of India is making efforts to breathe fresh life into this sect...
- Mohan Group may buy out IFCI in ForemostThe Mohan Group may look at buying out its joint venture partner IFCI’s stake in Foremost Factors, a New Delhi-based firm.
- Canara Bank scouts around for mid-size Asian playersCanara Bank intends to acquire small-sized banks in the south Asian region for growth. The bank says it has already been on the look-out fo...
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