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Kingfisher Airlines scrip crashes 5% as lenders move for recovery
Lenders to India's grounded Kingfisher Airlines have decided to take initial steps towards recovering $1.4 billion of loans in default ......
General
Aditya Birla PE in partial exit from CARE, makes over 75% gains
Aditya Birla Capital Advisors have offloaded over a fourth of its stake in rating agency Credit Analysis & Research Ltd (CARE) ......
General
SBI, Russian sovereign wealth fund to set up $2B joint investment fund
The State Bank of India (SBI) and the Russia Direct Investment Fund (RDIF), a Russian sovereign wealth fund, will set ......
General
IFC partners credit information services firm High Mark
International Finance Corporation (IFC), the private sector investment arm of the World Bank Group, has tied-up with High Mark Credit ......
General
Former SBI Chairman OP Bhatt to join Standard Chartered Board
Standard Chartered has appointed Om Prakash Bhatt as an independent Non-Executive Director. The bank has also appointed three other independent ......
General
SBI unlikely to merge subsidiaries this fiscal
The State Bank of India is unlikely to merge any of its five associate banks in the current financial year, ......
General
Improving quality of retail loan assets strengthens banks' consumer lending focus
Reams have been rolled out on the stench coming out from non-performing assets (NPAs) or bad loans of Indian banks, ......
Manufacturing
Oman India Joint Investment Fund acquires minority stake in Indus Teqsite
Oman India Joint Investment Fund, the private equity fund sponsored by Oman’s sovereign wealth fund and India’s largest lender State ......
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