Latest Articles in Banking Finance
Troubled Lender Yes Bank Reports Wider-Than-Expected Loss
The lender also indicated it would completely write down bonds worth around 84 billion rupees as part of a state-led restructuring plan, which involves the State Bank of India picking up a 49% stake in Yes Bank.
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Yes Bank Rescue Plan Notified; Moratorium To End In 3 Working Days, Says Centre
Yes Bank had total assets of Rs 3,46,575 crore which includes an advance book of Rs 2,24,505 crore.
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Kotak Mahindra Bank Rebuts Charges, Says All Allegations Are Baseless
"We assure you that the Kotak Mahindra Bank is a financially strong, well-capitalised bank with strong risk and corporate governance framework. Your deposits with us are absolutely safe".
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Axis Bank, ICICI, HDFC, Kotak Mahindra To Invest Rs 3,100 Crore In Yes Bank
The investment by Axis Bank would be less than 5 per cent of the new issued and paid-up capital of Yes Bank, whereas, the investment by HDFC would be in excess of 5 per cent shareholding in Yes Bank.
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ICICI Bank To Invest Up To $135 Million In Crisis-Hit Yes Bank
ICICI said it will buy 10 billion shares of Yes Bank at 10 rupees per share and hold about a 5% stake.
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Cabinet Clears Draft Resolution Scheme For Yes Bank Revival
State Bank of India (SBI) on Thursday said it will infuse Rs 7,250 crore into Yes Bank and pick 725 crore shares at Rs 10 each.canj
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SoftBank Unveils $4.8 Billion Buyback After Stock Tumble, Pressure From Elliott
The plan to buy back up to 7% of its shares for as much as 500 billion yen ($4.8 billion) announced by SoftBank
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COVID 19: This Too Shall Pass
In an interview with BW Businessworld, Prableen Bajpai, Founder & Managing Partner, FinFix Research & Analytics, talks about the effect and affect of coronavirus on Dalal Street
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SBI To Buy 725 Crore Yes Bank Shares At Rs 10 A Piece
The development came after the Reserve Bank of India (RBI) last week released a draft scheme for the reconstruction of Yes Bank.
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Cashfree Migrates 1 Million Yes Bank UPI Handles To ICICI Bank
This has been made possible by great support from our banking partners - ICICI Bank and Yes Bank.
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NBFI Challenges Can Intensify From Yes Bank Restructuring: Fitch Ratings
Yes Bank's advances to NBFIs equated to one or two per cent of the NBFI sector's total bank funding and the sector's asset exposures to the bank will be similarly moderate.
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Entire Debt From YES Bank Is Secured, Committed To Repay: Reliance Group
Other companies on the list include DHFL Group, Dewan Housing Finance Corporation, Jet Airways, Cox & Kings, and Bharat Infra.
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Bandhan Bank To Gradually Lower Its Microcredit Exposure: CEO Ghosh
When the private lender started operations in August 2016, microcredit constituted 85 per cent of its total loan portfolio.
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Bankers Meet With Trump, Say Prepared To Help Economy
Bank of America, Goldman Sachs, Citi, JPMorgan Chase and others said banks are in good shape, there is no financial crisis and bankers want to provide liquidity.
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How To Beat 3 Leading Causes Of Financial Stress
A leading cause of Financial Stress is the feeling of not being on track to meet one’s future financial goals.
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