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Wed, Nov 14 2018. 03 32 AM IST

Bank of Baroda, Vijaya Bank, Dena Bank set 15 December deadline to decide on share swap ratio

Once finalized, the share swap ratio for the PSU bank merger will be subject to the approvals of the respective boards, Reserve Bank of India and the Parliament

Wed, Nov 14 2018. 05 44 AM IST

NBFCs face unforgiving bond market as volumes plummet

NBFCs have realized that their ratings or even their pedigree may not garner them a large sum through debt

Wed, Nov 14 2018. 06 28 AM IST

RBI deputy governor Viral Acharya in government crosshairs

The government and some independent directors on the RBI board are upset with deputy governor Viral Acharya for his public outburst on protecting RBI autonomy

Tue, Nov 13 2018. 10 06 PM IST

RBI to inject Rs12,000 crore liquidity on 15 November

RBI will inject Rs12,000 crore into the system through purchase of govt securities under OMO. The move will help ease tight liquidity situation triggered by series of default by group firms of IL&FS

Tue, Nov 13 2018. 05 27 PM IST

Mutual Funds SIP flow climbs 42% to Rs7,985 crore in October

As per the latest data, SIP contribution in October this year was Rs7,985 crore, much higher than Rs5,621 crore seen in October last year, indicating a growth of 42%

Tue, Nov 13 2018. 03 29 PM IST

Chinese bank sets up $200 million fund for investing in Indian MSMEs

ICBC opened its branch in Mumbai in 2011

Fri, Nov 09 2018. 04 48 PM IST

Net inflows in equity schemes of MFs touch 7-month high in Oct

Net inflows in equity mutual funds rose nearly 13% in October to ₹12,622 crore compared with the previous month, the highest since February

Mon, Nov 12 2018. 04 10 PM IST

Bank of India posts ₹1,156 crore loss in Q2 on surging NPAs

Bank of India’s asset quality deteriorated as gross NPAs rose 24.85% to ₹61,561 crore at end of September quarter

Tue, Nov 13 2018. 06 22 AM IST

No respite for Bank of India, amid RBI vs Govt over PCA

Performance of other PCA banks shows Bank of India has to expect copious bleeding in next few quarters

Tue, Nov 13 2018. 05 59 AM IST

US-based Avenue Capital to acquire 27% stake in Arcil

Six investors of Asset Reconstruction Company of India (Arcil) have agreed to sell their stakes to Avenue Capital, says Arcil CEO Vinayak Bahuguna

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