Finance
IndusInd Bank in race for IL&FS units, to complete Bharat Financial merger soon
IndusInd Bank is still in the running to acquire two units of the debt-strapped Infrastructure Leasing and Financial Services...
Finance
Gruh deal will help increase secured loan book: Bandhan Bank CEO
In April 2014, Chandra Shekhar Ghosh managed to get what many bigger businessman couldn't--a banking licence. Bandhan Bank, the microlender-turned-bank, ......
Finance
GIC-backed Bandhan Bank to acquire Gruh Finance in share-swap deal
Bandhan Bank Ltd has agreed to acquire mortgage lender Gruh Finance Ltd in a share-swap transaction to boost its housing ......
Finance
Vijaya Bank CEO on challenges, benefits of merger with Bank of Baroda, Dena Bank
In September last year, the government decided to merge state-run lenders Bank of Baroda, Dena Bank and Vijaya Bank as ......
Finance
SIDBI's venture capital arm sets the ball rolling for eighth fund
The venture capital arm of state-run Small Industries Development Bank of India (SIDBI) has kick-started the process of raising...
Economy
Banks likely to recover bad loans worth $10 bn by March-end: Finance minister
India's Finance Minister Arun Jaitley said on Thursday commercial banks were likely to recover 700 billion rupees ($9.95 billion)...
Finance
Edelweiss ARC ups target for snapping up stressed loans
The asset reconstruction arm of the Edelweiss Group has increased its target for investments in stressed assets for the current...
Finance
NCLT allows govt to reopen books of IL&FS group
The National Company Law Tribunal (NCLT) has taken the unprecedented step of allowing the government to reopen and recast the...
Finance
IL&FS puts six properties on the block in bid to pare debt
Infrastructure Leasing and Financial Services (IL&FS) has invited bids for six of the group's properties amid continuing...
Finance
Flashback 2018: Stressed assets pain eases as bad loan clean-up gains momentum
Two years ago, in December 2016, the Insolvency and Bankruptcy Code (IBC) came into effect. While the new bankruptcy law ......















