Banks general
NCLT orders Binani lenders to consider UltraTech offer
03 May 2018
The tribunal pointed out that while the UltraTech offer was not legally binding, nothing prevented the CoC from accepting a superior bid from UltraTech, which offered Rs1,022 crore more to the lenders
Kotak Mahindra Bank net up 15%
30 Apr 2018
Cash crunch unabated, supply cut in Rs2,000 notes blamed
19 Apr 2018
Currency is becoming scarce as the supply of Rs2,000 notes has reportedly been stopped, leaving most ATMs to operate at below 50 per cent capacity; and bankers have put the blame squarely on the RBI
ATMs run dry in many states; Jaitley vows quick response
17 Apr 2018
The RBI fears people may once again have started hoarding cash, as the currency in circulation has not increased much since the demonetisation of November 2016, despite growth in the economy
Kotak Mahindra overtakes SBI as the second-most valuable bank by market cap
17 Apr 2018
Private-sector bank Kotak Mahindra Bank has overtaken SBI to become the country’s second-most valuable bank
Jaypee promoters move SC as bids halve valuation
16 Apr 2018
Lakshadweep Pvt Ltd, a joint venture of Sudhir Valia-led Suraksha Asset Reconstruction Company and Mumbai-based Dosti Reality, is reported have bid Rs7,350 crore for Jaipee’s assets against its market valuation of around Rs16,000 crore
HDFC hikes home loan rates by up to 20 bps
10 Apr 2018
IBBI chief warns of action against errant bankers, company directors in insolvency cases
05 Apr 2018
Jio Payments Bank commences operations
04 Apr 2018
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