New Delhi, Mar 13 :
Federal Bank on March 13 said its asset quality is healthy and the capital adequacy is much above the regulatory requirement, amid broader concerns triggered by the YES Bank crisis.
"To reiterate the bank's strengths: Federal...
New Delhi, Mar 13 :
The board of ICICI Bank on March 13 has approved an investment of Rs 1,000 crore in Yes Bank via equity route.
ICICI Bank will acquire 100 crore equity shares of Yes Bank at Rs 10...
Mumbai, Mar 11:
Equity benchmark Sensex plummeted over 1,500 points in opening session on monday led by deepening rout in global markets amid volatility due to rapidly-spreading coronavirus and free falling oil prices.
Global oil benchmark Brent crude futures plunged nearly...
New Delhi, Mar 11 :
The rupee recovered 56 paise to settle at 73.61 (provisional) against the US dollar on Wednesday amid positive domestic equities and weakening of the American dollar in the overseas market. The rupee on March 9...
New Delhi, Mar 11 :
The fall in the equity market indices has pulled down the total assets under management (AUM) of mutual fund companies that come through systematic investment plans (SIPs).
The AUM of SIP fell to Rs 3.11 lakh...
New Delhi, Mar 11 :
Tata Steel Europe is planning to cut 1,250 jobs as it faces "challenging circumstances" and "needs to urgently improve profitability", chief executive officer Henrik Adam said in an internal memo.
"Our financial situation is serious and...
New Delhi, Mar 11 :
In the aftermath of Yes Bank crisis, Private sector lender RBL Bank on Wednesday said it is “well capitalised” and there is no adverse change in its asset quality.
The statement comes in the wake of...
New Delhi, Mar 11 :
A deal with some bondholders of Yes Bank who have opposed a state-led rescue is being discussed, the bank's administrator said on March 11, a move that could clear the way for a restructuring of...
New Delhi, Mar 05:
Regulator Sebi on March 5 proposed two mechanisms to make the e-voting process more secure, convenient and simple for shareholders. At present, multiple players provide e-voting facility to listed entities in the country and shareholders require...
New Delhi, Mar 05:
The rupee snapped its four-session losing run on Thursday to close 6 paise higher at 73.33 against the US dollar amid hopes that efforts by countries and global agencies would offset financial damage from the novel...
