Searched for
SARASWAT BANK NPAS
Saraswat Bank gets RBI nod for merger with NICBLSaraswat Co-operative Bank secured RBI's approval for merging with New India Co-operative Bank. The merger takes effect on August 4. Sarasw...- JC Flowers likely to get Saraswat Bank's Rs 228-cr stressed loans, no other bidderThe 110 accounts the bank had put up for sale in the first week of January include SME accounts and some home loans from individual borrowe...
- ARCIL buys Saraswat's NPAs at 86% haircutAvenue Capital-backed Asset Reconstruction Company (India) has bought nearly ₹400 crore worth of bad loans or non-performing assets (NPAs) ...
- Saraswat to offload bad loans, draws interest from top ARCsOver 20 asset reconstruction companies and non-banking finance companies have expressed their interest in acquiring Saraswat Bank's non-per...
- Saraswat Bank partners Tagit to deploy omnichannel bankingTagit has in the past worked with banks like Citibank which have global presence. For India though, its focus is on providing end to end sc...
- The biggest lessons for India from the PMC Bank fiascoHDIL’s hijacking of PMC is just the latest in the subversion of co-op banks by the influential & crooked.
- RBI directs Mumbai-based bank to restrict withdrawalsThe central bank has also banned City Co-operative Bank from granting loans, making investments, borrowing funds and accepting deposits eff...
- Climbing crude prices, cash crunch & other macro triggers for your day on D-SteetHere's a look at the top macro triggers that may move market on Thursday.
- need2know: 6 things you must know to start your day on D-StreetFitch has retained India’s sovereign rating for long-and short-term debt at investment grade.
- Niti Aayog moots independent regulators for steel,mines sectorThe premier policy-making body has also pitched for a new and dynamic steel policy to bring the over USD 100 billion industry back on track...
- Vithal cooperative Bank keen to convert itself into a commercial bank; adopts new name,logoShamrao Vithal Co-operative Bank, which today adopted a new name and brand identity, says it is keen to convert itself into a commercial ba...
- Cooperative banks put Madhavpura Bank behind, head for GujaratSurge in cooperative bank's entry into Gujarat. Eight entities expand into state through M&A.
- SBI plummets over 8 per cent; m-cap down Rs 12,867 crore on weak resultsAt NSE, it settled at Rs 2,171.65, down 8.10 per cent. The market value of SBI tanked by Rs 12,867 croreore to Rs 1,48,859 croreore.
- Core banking gains currency among co-opsKapol Co-operative Bank has 15 branches and a customer base of around 2.5 lakh in Mumbai and Surat. Sometime back, the bank decided to put ...
- Another co operative bank goes bustAfter UWB, Pune-based Shree Suvarna Co-operative Bank is the latest bank to go under moratorium.
- State faces RBI test on UWB bidEven as HDFC has moved in to back the Maharashtra government and Sicom in their bid to revive United Western Bank, RBI may have reservation...
- UWB acquisition war intensifies as RBI keeps everybody guessingWell before the United Western Bank (UWB) was put on moratorium on September 2, RBI had sounded out Canara Bank for taking over the failed ...
- ICICI, Federal Bank join race for United WesternThere were hectic meetings and preparations over the weekend as ICICI Bank, Federal Bank, Corporation Bank and Canara Bank made a rush to a...
- Vision in place, it's time to turn UCB dreams into realityA shakeout at urban co-operative banks (UCBs) is not too far off, if the RBI has its way.
Load More
