BBB Recommends PR Jaishankar For MD Post At IIFCL
The Banks Board Bureau (BBB) has recommended the name of PR Jaishankar for the post of Managing Director of India Infras... Read more
Rana Kapoors ED Custody Extended Till Friday As Agency Digs Up More Dirt
The PMLA court, on Monday, extended YES Bank co-founder Rana Kapoor’s custody with the Enforcement Directorate to Marc... Read more
HDFC To Hold 7.97% Stake In Yes Bank For ₹1,000 Crore Infusion
Mortgage lender HDFC will pick up 7.97 per cent stake in Yes Bank for a ₹1,000 crore capital infusion in the cash-stra... Read more
Covid-19 Threat: Devise Strategy And Monitoring Mechanism: RBI To Banks, NBFCs
The Reserve Bank of India (RBI) has issued an advisory asking banks and non-banking finance companies (NBFCs) to dev... Read more
No Plans To Discontinue ₹2,000 Notes: Junior Finance Minister
SBI, Indian Bank ATMs reconfigured for ₹500, ₹200 notes, says Anurag Singh Thakur. Read more
RBI To Hold Briefing Amid Flurry Of Asia Rate Cuts
Reserve Bank of India Governor Shaktikanta Das will hold a press conference Monday, hours after the Federal Reserve slas... Read more
Investments In Yes Bank Aimed At Maintaining Financial Stability In System, Not RoI: SBI
State Bank of India Chairman Rajnish Kumar on Monday said investments by banks in crippled Yes Bank are being made to ma... Read more
Drip Capital Bullish On Export Factoring Prospects In India
Bill discounting platform is focussed on SME exporters Read more
S&P: Yes Bank Event Underlines Difference Between PSBs And Private Banks On AT1 Bonds
Global rating agency Standard and Poor’s has noted that the Yes Bank event has shaken Indian hybrid markets and has un... Read more
Cryptocurrencies See Robust Interest, But Many Banks Yet To Start Processing Transactions
Less than a fortnight after the Supreme Court lifted the ban on trading in cryptocurrencies, players in the sector are s... Read more
How To Measure The Safety Of Your Bank?
Federal, South Indian banks dismiss Mcap-based ‘findings’; other banks, SFBs say they are heathy on CRAR; business ... Read more
Yes Bank Crisis: ED Summons Anil Ambani
The Enforcement Directorate has summoned Reliance Group Chairman Anil Ambani in connection with its money laundering pro... Read more
US Federal Reserve Cuts Key Interest Rate To 0-0.25 Per Cent Amid Coronavirus Crisis
In a drastic measure to stem any major disruption to the US economy as a result of the coronavirus outbreak, the Federal... Read more
Investors Total AT-1 Bond Exposure To Indian Banks At ₹93,000 Crore: ICRA
Investors have total bets of over ₹93,000 crore on the additional tier-I bonds in Indian banks and a complete write-do... Read more
Mutual Funds Continue To Side-pocket Exposures To Yes Bank Bonds
Two more mutual fund houses, Franklin Templeton MF and Baroda MF, have decided to side-pocket their exposures to Yes Ban... Read more