Northern Arc Capital Raises ₹910-cr Funding From IIFL
Northern Arc Capital (formerly IFMR Capital), on Tuesday, announced that it has raised ₹910 crore ($130 million) from... Read more
Karur Vysya Bank Appoints N S Srinath As Non-executive Chairman
Karur Vysya Bank on Tuesday said it has appointed N S Srinath as non-executive chairman for a period of three years. Sri... Read more
Govt Refuses To Disclose Details On RBI Governor Shaktikanta Das Appointment
The appointment came after Urjit Patel abruptly resigned amid a face-off with the government over issues related to gove... Read more
South Indian Bank To Raise Rs 250 Crore Via Bonds Issue
South Indian Bank said it would raise Rs 250 crore by issuing Basel III-compliant bonds to add up to its tier-II capital... Read more
IDBI Bank Officers Association To Go On Hunger Strike On March 30
IDBI Bank on Tuesday said its all-India Officers’ Association will observe a one-day nationwide hunger strike on March... Read more
India To Auction Nirav Modis Art Collection Today
The authorities will auction 68 artworks, including works by Raja Ravi Varma and VS Gaitonde. Read more
Success Of RBIs Rare $5 Bn India FX Swap May Spur An Encore
The success of India’s $5 billion swap auction on Tuesday will decide whether it will become a popular instrument in t... Read more
Apple Debuts Titanium Credit Card With Goldman Mastercard
Apple and Goldman are entering the intensely competitive field of consumer credit, where banks have been shelling out co... Read more
Withdraw Automatic Extension Of Policies: IRDAI To General Insurers
The Insurance Regulatory and Development Authority of India (IRDAI) has asked all general insurers, other than standalon... Read more
NCLAT Gives Nod To RBI Plea In IL&FS Case
The National Company Law Appellate Tribunal (NCLAT) has accepted the RBI’s impleadment request as a “party responden... Read more
Exim Bank To Explore Equity Support For African Projects
Exim Bank has, so far, been largely a debt provider with practically no exposure to equity funding of projects Read more
Proposed Dollar-rupee Swap Has Been Received Well: RBI Chief
Says there is an increasing need to give a permanent status to Finance Commission Read more
Northern Arc Appoints Leo Puri As Independent Non-executive Chairman Of Board
Northern Arc Capital (formerly IFMR Capital Finance) has announced the appointment of Leo Puri as its first Independent... Read more
SBI Inks Pact With Bank Of China
The country’s largest lender SBI on Tuesday said it has signed a pact with the Bank of China to boost business opportu... Read more
IBBI, SEBI Sign Pact For Effective Implementation Of IBC
The Insolvency and Bankruptcy Board of India (IBBI) has signed a Memorandum of Understanding (MoU) with the Securities a... Read more