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ICICI Bank to buy minority stake in Kisan Rural Finance

Finance

05 March, 2019

ICICI Bank to buy minority stake in Kisan Rural Finance

ICICI Bank will acquire a 9.9% stake in non-banking finance company Kisan Rural Finance Ltd for Rs 17.82 crore ($2.5 ......

Chanda Kochhar violated ICICI Bank's policies, says probe report

People

30 January, 2019

Chanda Kochhar violated ICICI Bank's policies, says probe report

ICICI Bank said on Wednesday that a probe report has found former chief executive Chanda Kochhar violated bank policies and ......

Bankruptcy law a success but execution snags remain: Panellists at VCCircle summit

Finance

30 January, 2019

Bankruptcy law a success but execution snags remain: Panellists at VCCircle summit

The Insolvency and Bankruptcy Code, 2016 has effectively tackled the menace of stressed assets in the country; however, unique operational ......

CBI registers fraud case against ex-ICICI Bank chief Chanda Kochhar

Finance

24 January, 2019

CBI registers fraud case against ex-ICICI Bank chief Chanda Kochhar

The Central Bureau of Investigation (CBI) has filed a case of criminal conspiracy and fraud against the former chief executive ......

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In Charts: Are small and mid-sized private banks grossly overpaying their CEOs?

Finance

22 January, 2019

In Charts: Are small and mid-sized private banks grossly overpaying their CEOs?

There has been talk of late that the Reserve Bank of India (RBI) may impose limits on the pay packets ......

Sensex rises for a third day; Bandhan Bank, Gruh Finance tumble

Markets

08 January, 2019

Sensex rises for a third day; Bandhan Bank, Gruh Finance tumble

Indian shares rose for the third straight session to close marginally higher on Tuesday, as investors booked some profits and ......

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Flashback 2018: Financial sector grapples with PNB scam, NBFC crisis, RBI-govt row

Finance

27 December, 2018

Flashback 2018: Financial sector grapples with PNB scam, NBFC crisis, RBI-govt row

Bad loans, the rising gulf between the Reserve Bank of India and the government, and the Punjab National Bank-Nirav Modi ......

Carlyle eyes stake in SBI Life; Banks, Rakesh Jhunjhunwala bid for IL&FS Securities

General

18 December, 2018

Carlyle eyes stake in SBI Life; Banks, Rakesh Jhunjhunwala bid for IL&FS Securities

US-based private equity giant The Carlyle Group is ahead in the race to pick up a stake in SBI Life ......

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Will grow lending, PE biz but M&As not on radar: Tata Capital's Rajiv Sabharwal

Finance

19 November, 2018

Will grow lending, PE biz but M&As not on radar: Tata Capital's Rajiv Sabharwal

Rajiv Sabharwal, who joined Tata Capital Ltd as its chief executive officer and managing director earlier this year, has set ......

ICICI Venture-Tata's PE fund inks $830 mn deal for Jaypee's Prayagraj project

Infrastructure

15 November, 2018

ICICI Venture-Tata's PE fund inks $830 mn deal for Jaypee's Prayagraj project

A private equity venture set up by Tata Power Co. Ltd and ICICI Group has signed a pact to acquire ......