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Unity Small Finance Bank wins 3-way auction for Aviom India Housing FinanceSix companies had shown interest in acquiring Aviom India Housing Finance under the National Company Law Tribunal (NCLT)-monitored process ...- Small finance banks bounce back from Covid lowsEquitas and Ujjivan lead the show with more than 80% jump in market capitalisation this year while Suryoday bounced back after dips in the ...
- Unity Small Finance Bank pays Rs 3,800 crore to 8.5 lakh PMC Bank depositors“Unity SFB received from DICGC a certified list of erstwhile PMC Bank depositors who are eligible to receive up to Rs5 lakh of their deposi...
- Ashneer Grover has no individual role in Unity SFB, says Centrum's Jaspal BindraUnity Small Finance Bank has taken over Punjab and Maharashtra Co-Operative Bank (PMC) in a revival programme for the scandal-hit lender.
- 96 pc PMC Bank depositors to be paid upfront: Unity SFBUnity Small Finance Bank, which has taken over the failed cooperative lender PMC Bank, on Thursday said all small depositors with under Rs ...
- Government approves PMC Bank merger with Unity Small Finance Bank"The amalgamation will come into force with effect from the date of the notification of the scheme i.e. January 25, 2022. All the branches ...
- RBI details draft amalgamation plan for PMC BankThe Reserve Bank of India (RBI) has detailed a draft scheme for the merger of sick Punjab and Maharashtra Cooperative (PMC) Bank with the n...
- RBI scheme says PMC depositors to be paid over a period of 3 to 10 yrsThe scheme says that depositors can claim upto Rs 50,000 at the end of three years and further can claim Rs 1 lakh at the end of four years...
- Unity Bank begins operations, paving way for merging PMCThe 12th small finance bank begins operations with over Rs 1,100 crore of equity capital, over 2 lakh customers and an asset base of over R...
- Centrum Capital soars 19% after SFB nod from RBIShares of Centrum Capital have zoomed as much as 175 per cent in the calendar year 2021 so far, against a 27 per cent rise in BSE Sensex. T...
- RBI issues small finance bank licence to Centrum and BharatPe combineA new bank license has been issued after a gap of nearly 6 years, and we thank the RBI for the confidence shown in the abilities of Centrum...
- Centrum Capital reports loss of Rs 42 cr in FY21Centrum Capital scrip closed at Rs 47.50 apiece on BSE, down 9.95 per cent.
- Centrum Capital surges 16% as it gets RBI nod to set up small finance bankThe joint venture floated by the Centrum Group and digital payments startup Bharatpe for launching a small finance bank will infuse Rs 1,80...
- Here's how Centrum, BharatPe propose to merge PMC BankPMC Bank’s depositors include individuals, religious trusts and institutions. It is not yet clear how all depositors will get back their mo...
- Centrum-Bharatpe joint venture to pump Rs 1,800 crore into PMC on mergerThis paves the way for ending nearly two anxious years for the PMC depositors whose over Rs 10,723 crore are still stuck in the crippled co...
- RBI grants in-principle approval to Centrum to own PMC Bank via SFB route“The RBI would consider granting a licence for commencement of banking business on being satisfied that the applicant has complied with the...
- Equitas Holdings IPO sails through, subscribed 17 timesAmong different investor categories, the retail quota saw bids for 4.64 crore shares on the BSE. This was 0.66 times the total quota limit ...
- Equitas Holdings IPO sees a slow start,some brokerages see value for investorsThe OFS is aimed at reducing foreign shareholding in the company to below 49% from 92.6% at present as mandated by RBI under the small fina...
- Demand picks up slowly for Equitas IPO; issue subscribed 0.38 times on Day 2On NSE, the QIB quota was subscribed by 0.23 times. The retail quota was subscribed by 0.17 times, NII quota by 0.01 times and employee quo...
- IPO watch: Equitas issue kicks off; firm raises Rs 652 cr from anchor investorsThis is the biggest IPO since Bharti Infratel’s Rs 4,155 crore issue that hit the market. The company has set the price band of the IPO at ...
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