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BANK SHAREHOLDING
IIAS opposes Ujjivan SFB RSU plan over disclosure concernsProxy advisory firm IIAS opposed Ujjivan Small Finance Bank’s proposed RSU scheme, citing inadequate clarity on vesting conditions and perf...
RBI proposes easing rules for mutual funds, insurers to acquire higher stake in banksThe RBI has proposed one-time approval for mutual funds, insurers and pension funds to increase bank shareholding up to 10% without repeate...
Bank of America Q2 net income rises on higher trading activitiesBank of America reported a boost in its second-quarter net income, largely driven by a significant uptick in its trading activities. This s...
SBI Funds Management IPO: How SBI shareholders can improve chances of allotmentThe SBI Funds Management IPO was subscribed 52% on day one. Eligible SBI shareholders can apply under a reserved quota, competing only with...
Rekha Jhunjhunwala sells 1 crore Canara Bank shares in Q1. What's behind the move?Veteran investor Rekha Jhunjhunwala sold over 1.07 crore Canara Bank shares during the April–June quarter, reducing her stake from 1.54% to...
Rekha Jhunjhunwala likely exits this smallcap metal stock after 90% rally in 1 year. Do you own?Ace investor Rekha Jhunjhunwala has likely exited her investment in Raghav Productivity Enhancers after steadily reducing her stake over re...
How SBI shareholders can bid twice in arm's IPOSBI shareholders receive a special reservation in the SBI Funds Management IPO. This offers an additional opportunity for allotment compare...
Capital Boost: SBI stake sales add over Rs 13,500 cr to kittyState Bank of India anticipates a significant payout from asset management and stock exchange stake sales. These sales will strengthen the ...
SBI Funds reduces IPO size to Rs 9,813 crore after pre-offer placement. Will it impact listing gains?SBI Funds Management has cut its IPO size to Rs 9,813 crore from Rs 11,693 crore after raising Rs 1,655 crore through a pre-IPO placement w...
HDFC Bank redeploys backend employees to customer-facing rolesHDFC Bank is shifting backend employees to customer roles. Technology efficiencies are enabling this strategic talent redeployment. The ban...
HDFC Bank MD: Chakraborty's abrupt exit a 'challenging event' that raised governance questionsHDFC Bank MD Sashidhar Jagdishan addressed chairman Atanu Chakraborty's resignation and governance questions. External law firms reviewed C...
HDFC Bank redeploys staff to customer-facing roles as tech efficiencies take hold: CEO JagdishanHDFC Bank is shifting employees to customer-facing roles, leveraging technology for efficiency gains. The bank is accelerating AI investmen...
Kotak Mahindra Bank to pursue acquisitions alongside organic growthKotak Mahindra Bank plans to pursue acquisitions and organic growth. The bank recently acquired Deutsche Bank's retail portfolio in India. ...
ETtech Explainer: Has Swiggy become Indian-owned after a drop in foreign ownership?The IOCC status will allow Swiggy’s quick commerce arm Instamart to own inventory, thereby improving margins and supply chain control. Howe...
SBI Funds Management sets IPO price band at Rs 545–574 for Rs 11,693 crore public offerThe anchor book will open on Monday, July 13. The IPO will open for subscription on Tuesday, July 14, and close on Thursday, July 16.
SBI Funds Management IPO: What portion is reserved for SBI's 38 lakh shareholders?SBI Funds Management's Rs 11,693-crore IPO has earmarked up to 1.3 crore shares worth nearly Rs 750 crore for eligible SBI shareholders. Th...
Suits & Sayings: Silence PaysET’s roundup of the wackiest whispers in corporate corridors
South Indian Bank says RBI approves Mahesh Muralidhar Pai's appointment as MD, CEOThe Reserve Bank of India has approved Mahesh Muralidhar Pai's appointment as Managing Director and CEO. This appointment is for a three-ye...
South Indian Bank shares tumble 9% after four-day rise; RBI clears Mahesh Pai as MD & CEOSouth Indian Bank shares fell sharply on Wednesday, snapping a four-session winning streak as investors booked profits after a sharp three-...
Bonus issue alert! Last day to buy this Ashish Kacholia-backed multibagger stock for 5:1 bonus reward. Do you own?V March India in May announced that its board of directors have considered and approved the plan to issue bonus shares in the ratio of 5:1....