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BusinessToday.In
September 25, 2018
A government official said on Tuesday said the Reserve Bank of India (RBI) should consider lowering Cash Reserve Ratio (CRR) in addition to buying government bonds to ensure adequate liquidity.


PTI
New Delhi, September 25, 2018
It has been alleged that ArcelorMittal had 32 and 29 per cent stakes in KSS Petron and Uttam Galva respectively and it had exited from them after selling the stakes before submitting the resolution plan to take over the Essar Steel.


Rajeev Dubey
New Delhi, September 25, 2018
Frightful and irresponsible commentaries about a 'systemic risk' suggesting India's financial system could collapse due to IL&FS have added fuel to fire


PTI
New Delhi, September 25, 2018
In the beginning of this year, the country's largest lender State Bank of India (SBI) had filed separate insolvency proceedings against Videocon Industries and Videocon Telecommunications Ltd.


BusinessToday.In
September 25, 2018
The stock closed 23.49% or 92 points lower on BSE today on continuous liquidity concerns in the NBFC sector. It touched a low of Rs 260.10 or down 33.82% in trade today.


BusinessToday.In
September 24, 2018
Financial market regulator Sebi is reportedly examining sharp movement in shares of Dewan Housing Finance Corp. Ltd (DHFL), Yes Bank Ltd. and other lenders for possible trading irregularities.


BusinessToday.In
September 24, 2018
The Dewan Housing Finance stock rose up to 24.80% or 87 points to 438.75 level in early morning trade. On Friday, the stock went into a tailspin, nosediving 42.43 per cent to end at Rs 351.55 on the BSE.


BusinessToday.In
September 23, 2018
Along with the defaults by IL&FS, the agenda for the meeting will also include discussion on a capital infusion plan, which will be taken up by the shareholders during the company's AGM.


PTI
September 23, 2018
Assuring lending support to non-banking financial companies, SBI Chairman Rajnish Kumar on Sunday said there was no concern on liquidity of such firms, amid ongoing debt crisis in IL&FS Group.


BusinessToday.In
September 21, 2018
However, the indices later recovered on management of these companies allaying concerns over their financial position.


PTI
September 20, 2018
The country's largest lender State Bank of India on Thursday said it is not in a position to acquire more banks at the moment as it needs 2-3 years to see gains from the consolidation effected last year.


PTI
September 20, 2018
The IPO is of 99,05,157 shares with a price band of Rs 470-475 per share. The government is selling 10.5 per cent stake or about 99.05 lakh equity shares, including 5 lakh shares to employees.


BusinessToday.In
New Delhi, September 20, 2018
Out of the 10 appointments, 5 are from the country's biggest lender, State Bank of India.


BusinessToday.In
New Delhi, September 19, 2018
The bank has already installed solar panels on as many as 1,200 ATMs. The lender has also covered 150 of its buildings with rooftop solar panels and plans to increase the number to 250 buildings by 2020.


PTI
New Delhi, September 18, 2018
These three state-run banks would work on strict timeline and necessary regulatory process is expected to be over by the end of 2018-19, sources said.


Anand Adhikari
September 18, 2018
The BJP-led NDA government probably had the right intention when they knocked on the doors of Ravi Venkatesan, former chairman of Microsoft India and P S Jayakumar, an ex-citibanker turned entrepreneur, for helping them in conducting an experiment of sorts with Bank of Baroda.


Aprajita Sharma
September 18, 2018
Global brokerage Jefferies referred to Bank of Baroda as the base, Vijaya Bank the kicker and Dena Bank as 'bad bank'.


BusinessToday.In
September 18, 2018
The rupee fell 46 paise to close at 72.97 level, its lowest ever against the US dollar in trade today which dampened market sentiment. The Indian currency had closed at 72.51 to the dollar on Monday. Led by the sharp fall in stocks, the market capitalisation (m-cap) of BSE-listed companies plunged by Rs 2,72,549.15 crore to Rs 1,53,64,470 crore since Friday.


Karan Dhar
September 17, 2018
PM Modi's cash-in-hand dropped by a whopping 67 per cent to Rs 48,944 as of March 31 this year from around Rs 1,50,000 in the previous year.


BusinessToday.In
September 17, 2018
The merged entity or amalgamated bank would be India's third largest.


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