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Bank of India

NCLT admits petition to initiate resolution against Future Retail

Consumer

NCLT admits petition to initiate resolution against Future Retail

The Mumbai bench of the National Company Law Tribunal (NCLT) on Wednesday admitted Bank of India’s...

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Future Group's lenders reject Reliance offer over valuation

Consumer

Future Group's lenders reject Reliance offer over valuation

A clutch of lenders accounting for most of the loans to debt-laden Future Group on Thursday rejected...

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PE-backed personal care and speciality chemical maker enters bankruptcy

Manufacturing

PE-backed personal care and speciality chemical maker enters bankruptcy

Fairwinds Private Equity-backed personal care products and speciality chemicals manufacturer has ...

India shortlists four banks for potential privatisation

Finance

India shortlists four banks for potential privatisation

India's government has shortlisted four mid-sized state-run banks for privatisation, under a new...

Bank of India takes full control of mutual fund arm as AXA exits

Finance

Bank of India takes full control of mutual fund arm as AXA exits

State-run Bank of India said Thursday it has signed a pact with French multinational AXA Investment ...

Grapevine: IL&FS InvIT gets regulatory nod; Vedanta sole bidder for Videocon stake in Ravva

General

Grapevine: IL&FS InvIT gets regulatory nod; Vedanta sole bidder for Videocon stake in Ravva

The capital markets regulator has approved the setting up of IL&FS’ infrastructure investment ...

Govt plans to sell majority stake in Bank of India, five other state-run banks

Finance

Govt plans to sell majority stake in Bank of India, five other state-run banks

India is looking to privatise more than half of its state-owned banks to reduce the number of ...

Indian banks shelve fundraising as coronavirus derails markets

Finance

Indian banks shelve fundraising as coronavirus derails markets

Two state-owned Indian banks that were aiming to raise funds to meet growth targets and build up ...

Equifax to buy out SBI, other partners in India joint venture

Finance

Equifax to buy out SBI, other partners in India joint venture

State Bank of India and five other lenders are selling their stake in Equifax Credit Information ...

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Bank of India throws more non-core assets onto chopping block

Finance

Bank of India throws more non-core assets onto chopping block

State-run Bank of India has placed two more assets on the chopping block, people in the know told ...