New Delhi, July 30 -- State Bank of India (SBI), the country's largest lender, raised Rs.4,691 crore on Wednesday through its first additional tier-1 (AT-1) bond issue this financial year, the state-o... Read More
Mumbai, July 30 -- India's largest conglomerate-backed non-bank financiers are betting on the fast-growing gold loan market, with acquisitions emerging as the preferred route to enter the business. Wi... Read More
Mumbai, July 27 -- The Reserve Bank of India (RBI) is seeking to tighten oversight of the securitization market, proposing stricter rules on who can hold these instruments and how they are traded as i... Read More
MUMBAI, July 23 -- A US law firm has opened an investigation into whether HDFC Bank violated US federal securities laws, extending scrutiny of the lender beyond India after allegations around internal... Read More
New Delhi, July 22 -- Banks raised more than $17 billion through concessional foreign currency non-resident bank deposits after the Reserve Bank of India announced a special mobilization drive on 5 Ju... Read More
Mumbai, July 21 -- Central Bank of India has initiated the sale of Wadia Realty Pvt Ltd's 94.71-acre land parcel in Thane through an e-auction as lenders step up efforts to recover dues from the now-d... Read More
Mumbai, July 21 -- In order to reduce the compliance burden and make it easier for foreign investors to do business in India, the Reserve Bank of India (RBI) on Tuesday released draft rules to simplif... Read More
Mumbai, July 21 -- State Bank of India (SBI) has no immediate plans to further dilute its stake in SBI Funds Management following the asset manager's successful stock market listing, chairman C.S. Set... Read More
Mumbai, July 21 -- Non-resident Indians (NRIs) have poured $17.41 billion into Indian banks through foreign currency non-resident (FCNR) deposits under a new deposit incentive scheme, recording a prom... Read More
Mumbai, July 21 -- Non-resident Indians (NRIs) have poured $17.41 billion into Indian banks through foreign currency non-resident (FCNR) deposits under a new deposit incentive scheme, recording a prom... Read More