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How can I become a great investor? Shankar Sharma says start by moving abroadVeteran investor Shankar Sharma urges young Indians to move abroad for investing success, emphasizing the power of free-flowing, uncaged ca...- Yes Bank board recategorises two board members as nominee directorsFollowing a resolution passed in the Extraordinary General Meeting (EGM) held on August 24, 2022, and recommendations from SBI, the board o...
- City Union Bank to raise up to Rs 500 cr via QIPThe private sector lender said that its annual general meeting (AGM) is scheduled to be held on August 18, 2022, and it will seek sharehold...
- South Indian Bank to seek shareholders' nod to raise Rs 2,500 cr in Jul AGMA banking company requires adequate capital not only to meet the needs of a growing business but also to comply with the applicable regulat...
- HDFC Life to raise up to Rs 350 cr debt capital via bondsThe Capital Raising Committee of the company's board approved a proposal for raising up to Rs 350 crore through issuance of 3,500 non-conve...
- Kotak, Axis acquire nearly 8% stake each in ONDCONDC was incorporated in India on December 30, 2021 and is into creating an open public digital infrastructure to develop and transform the...
- PNB puts up National Steel & Agro Industries for sale to recover Rs 200cr duesState-owned Punjab National Bank (PNB) has put up a Madhya Pradesh-based steel and agriculture company for sale to recover its outstanding ...
- IDFC First Bank logs Rs 630 crore loss in Q1 on Covid provisioning"Net loss of Rs 630 crore for Q1FY22 is because of prudent provisions for Covid wave 2.0. Covid provision pool increased from Rs 375 crore ...
- Peer-to-peer lending platform LenDenClub turns profitable; eyes Rs 1,200 cr disbursal this fiscalThe company crossed Rs 500 crore mark in loan disbursements in 2020-21 and turned "profitable" during the financial year
- Axis Bank customers can send money abroad in 100 currencies via mobile appCustomers can send money abroad in over 100 different currencies, without any need to visit a branch. They can send up to USD 25,000 per tr...
- HDFC to acquire 10% stake in Kerala-based asset management firmThe cost of acquisition is at par, that is at the face value of Rs 10 per share, it said, adding the acquisition is expected to be complete...
- Festival offerings: Axis Bank offers discount on debit, credit card purchasesThe bank is also offering some key benefits to customers who are in need of loan, offering home loans starting at 6.90 per cent as well as ...
- CreditAccess Grameen raises Rs 100 cr, releases 'special purpose' resultsThe consolidated net profit was at Rs 121.24 crore in four months to July, while on standalone basis, the company earned Rs 109.39 crore as...
- CARE reaffirms rating on Can Fin Homes' Rs 4.5k cr debt issueIt has reaffirmed the rating 'CARE A1+', with rating action 'removed from credit watch with developing implications', the company said.
- Muthoot Finance, Kotak Mahindra General Insurance tie up to offer COVID-19 cover"As a part of our ongoing customer loyalty programme and social commitment, we are providing the customers insurance coverage with an objec...
- Central Bank of India to raise up to Rs 500 cr via bondsThe capital raising committee of the board of directors of the bank at its meeting held on 4 February, 2020, considered and approved the pr...
- India's services exports grew by over 5% to USD 17.70 billion in October: RBI dataIn September, the exports of services were worth USD 17.54 billion and the imports were of the order of USD 11.10 billion, showed the RBI d...
- Indiabulls Housing Finance to buy back bonds worth up to $50 millionThe buyback will be done upon receipt of necessary regulatory approval, it added.
- Adani Power plans to raise up to Rs 5,000 crore to fuel business expansion, growthAdani Power has sought approval from its shareholders to raise funds in one or more tranches.
- Yes Bank launches deposit scheme with an eye to raise Rs 1,000 croreDeposit accounts under the 'Green Future:Deposit' scheme can be opened for a little over 18 months, with peak interest rate of 7.50 percent...
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