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PUBLIC SECTOR BANK MERGER
NLMC recommends monetisation of government assets worth over Rs 5,000 croreThe National Land Monetization Corporation recommended assets worth over Rs 5,000 crore for monetization. Its board stressed accelerating v...
Private sector investment key for Viksit Bharat: DEA secretaryPrivate sector financing is crucial for India's ambitious Viksit Bharat vision. Government budgets alone cannot meet the scale of transform...
Karnataka: Cabinet grants Tulu additional official language status in Dakshina Kannada, UdupiTulu will now be Karnataka’s second additional official language, with its official use limited to Dakshina Kannada and Udupi, Shivakumar s...
9 PSU banks including Canara Bank, Indian Bank to merge with SBI, PNB, Bank of Baroda? PIB respondsA social media post claiming that the Centre has ordered the consolidation of nine public sector banks into three entities has been debunke...
JSW One plans to file Rs 3,000-crore IPO papersThrough the public issue, the JSW Group company is expected to raise Rs 1,300-1,500 crore in fresh capital, sources said. Backed by JSW Ste...
RBI cancels licences of 5 NBFCs, 8 others surrender registrationsThe Reserve Bank of India cancelled five NBFC registration certificates on Thursday. Eight other NBFCs surrendered their registrations for ...
US drone maker Powerus signs Pakistan Army MOU, gets initial orderUS drone maker Powerus has signed an MoU with the Pakistan Army that includes an initial order for unmanned aerial systems, co-founder Bret...
HDFC Bank is winning the mutual fund vote over ICICI Bank. Can the shift last?HDFC Bank’s stock has fallen 27% in 2026, while ICICI Bank has gained 1.6%. Yet mutual funds have increasingly favoured HDFC Bank, adding t...
Cohere, Aleph Alpha combine to target enterprise AI marketThe combined business will operate as Cohere, with dual headquarters in Toronto and Berlin, while Aleph Alpha's Heidelberg office will focu...
Will fixed deposit interest rates go up in October as inflation rises?Recent data reveals a rise in Consumer Price Index inflation, now at 4.8 percent, spurring predictions of possible interest rate hikes by t...
NSE IPO jackpot: 10 PSUs could pocket Rs 12,802 crore from stake saleNSE’s IPO could deliver a massive windfall to 10 public-sector shareholders, which together could make a profit of around Rs 12,802 crore b...
Vi eyes Rs 35,000-cr loan to fund next decade's capexVodafone Idea is arranging a significant loan to fund its capital expenditures. State Bank of India has approved a substantial portion of t...
Global Market: SB Energy to sell up to $500 million worth of shares to Japanese investors ahead of US IPOSB Energy, backed by SoftBank, plans to raise up to $500 million from Japanese investors through a share sale as it prepares for a US listi...
Solar Industries buys South Africa’s Omnia in $1.3 billion dealNagpur-based Solar Industries is acquiring South Africa's Omnia Holdings for $1.3 billion. This significant outbound deal aims to create an...
HDFC Bank sends two names to RBI for Jagdishan’s successor as MD & CEOHDFC Bank's board has recommended two candidates for the next MD and CEO role. These proposed appointments are for a three-year term, pendi...
Bank strike halts work at 7,000 branches in MP, affects business worth Rs 5,500 crore: AssociationBank operations halted across Madhya Pradesh due to a nationwide strike. Approximately 7,000 branches were affected, impacting daily busine...
From 52% to 42%: Is HDFC Bank’s 10 percentage point drop in FII shareholding a worrying sign?HDFC Bank has seen a sharp decline in foreign investor ownership since its merger with HDFC, reflecting concerns over slower growth, fundin...
Banking services hit as unions strike for five-day workweekA nationwide bank strike disrupted services at public sector banks on Friday as unions pressed for a five-day workweek and resolution of wa...
PSB PLI scheme deferred amid employee concernsThe finance ministry said in a statement Monday it has taken cognisance of the concerns and decided to keep the implementation in abeyance ...
Govt keeps PSB employees' PLI scheme for FY26 in abeyance after union representationThe government has postponed the performance-linked incentive scheme for bank employees. This decision follows employee representations see...