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Cabinet clears Yes Bank rescue plan; ICICI, Axis, Kotak, HDFC to pitch in

Finance

13 March, 2020

Cabinet clears Yes Bank rescue plan; ICICI, Axis, Kotak, HDFC to pitch in

The Union Cabinet has approved a reconstruction plan for Yes Bank, finance minister Nirmala Sitharaman said on Friday...

Grapevine: 4 banks, others to Yes Bank rescue; Walmart India insider to be CEO

General

13 March, 2020

Grapevine: 4 banks, others to Yes Bank rescue; Walmart India insider to be CEO

State Bank of India or SBI will be joined by private-sector lenders ICICI Bank, HDFC Bank, Axis Bank and Kotak ......

Sensex, Nifty end lower on losses in financial stocks, global virus worries

Markets

24 February, 2020

Sensex, Nifty end lower on losses in financial stocks, global virus worries

Losses in financial stocks pushed Indian shares sharply lower on Monday, in line with global markets as world growth outlook ......

Grapevine: RIL in talks with banks for Alok Industries; Temasek may invest in Licious

General

09 December, 2019

Grapevine: RIL in talks with banks for Alok Industries; Temasek may invest in Licious

Reliance Industries Ltd (RIL) is in negotiations with State Bank of India (SBI), HDFC Bank and ICICI Bank to fund ......

Here's counting the zeros on pay cheques of India's best-paid women execs

People

29 November, 2019

Here's counting the zeros on pay cheques of India's best-paid women execs

The exclusive club of the highest-paid women executives in India is dominated by promoters and their relatives contrasting peers...

Sensex, Nifty decline as IT, consumer stocks drag markets

Markets

26 November, 2019

Sensex, Nifty decline as IT, consumer stocks drag markets

Indian shares dropped from life highs to end lower on Tuesday, dragged down by losses in information technology and consumer ......

Premium
ICICI Venture set to hit final close of third real estate fund

Infrastructure

12 November, 2019

ICICI Venture set to hit final close of third real estate fund

ICICI Venture, the private equity arm of ICICI Bank, is gearing up to hit the final close of its third ......

Premium
Why banks are slowing bad-loan sales to asset reconstruction companies

Finance

04 November, 2019

Why banks are slowing bad-loan sales to asset reconstruction companies

Indian banks have slowed the pace of selling bad loans to asset reconstruction companies (ARCs), as they work on other ......

Slowing Indian bank lending overshadows economic rebound hopes

Economy

16 October, 2019

Slowing Indian bank lending overshadows economic rebound hopes

Credit growth at Indian banks has dropped to its lowest level in nearly two years, the latest Reserve Bank of ......

Indian real estate slump leaves beleaguered banks exposed

Infrastructure

14 October, 2019

Indian real estate slump leaves beleaguered banks exposed

India might have thought the worst of a bad loans crisis was past, but a severe cash crunch in the ......

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