RBI awaiting formal proposal on 'bad bank' from govt

Feb 05, 2021

Mumbai (Maharashtra) [India], February 5 : Reserve Bank of India (RBI) Governor Shaktikanta Das said on Friday that the central bank is awaiting a...

Union Bank to pick up 9 pc stake in NARCL

Jun 07, 2021

New Delhi [India], June 7 : Union Bank of India (UBI) on Monday said it will pick stake in the National Asset Reconstruction Company...

Proposed HDFC-Bank merger receives stock exchanges' clearance

Jul 04, 2022

New Delhi [India], July 4 : The proposed merger of HDFC Bank and its parent firm HDFC is another step closer to its amalgamation...

What Singapore analysts say about DBS takeover of Lakshmi Vilas Bank

Nov 23, 2020

Singapore, November 23 : Last week, news emerged that DBS Bank (DBS), Southeast Asia's largest lender, has proposed to fold Indian Bank Lakshmi Vilas...

All approvals granted for setting up 'Bad Bank': SBI Chairman

Jan 28, 2022

Mumbai [India], January 28 : State Bank of India (SBI) Chairman Dinesh Kumar Khara said on Friday all the required approvals to set up...

IDBI Bank shares surge on bad loan recovery, privatisation buzz

Aug 26, 2022

Mumbai (Maharashtra) [India], August 26 : Share price of IDBI Bank surged by around 7 per cent on Friday after the company's top executive...