India focused private equity firm ChrysCapital Advisors LLP has appointed former SBI chairperson Arundhati Bhattacharya as an advisor.

From renowned banker like Uday Kotak to executives who've had diverse experience in their careers, here are the new board members of IL&FS.

On April 12, the Japanese brokerage firm Nomura in its report had said it is perfect time for Kotak Bank to bid for Axis Bank.

HDFC Bank continues to retain the top slot with a market cap of Rs 5.03 lakh crore. As per BSE data, Kotak Mahindra Bank's market cap stands at Rs 2.24 lakh crore, compared to SBI's Rs 2.23 lakh crore.

Axis Bank is actually amongst the top five large banks in India in terms of overall performance. In a recent Business Today - KPMG Best Banks Study 2016-17, Axis Bank scored high on many of the key parameters.

Kapil Wadhawan has built a large financial services empire by serving people at the bottom of the pyramid.

Shanti Ekambaram is scaling up consumer banking by increasing throughput from ING Vysya branches and digital offerings.

Private sector lender Kotak Mahidnra bank posted a 23 per cent jump in Q1 net profit buoyed by higher interest and fee income.

Why the proposed IDFC and Shriram Group merger makes perfect sense.

Infrastructure turned banker IDFC Group and South based financial services giant Shriram Group are in discussion for a merger.

If you don't have a credit history, banks are generally reluctant to offer you a credit card even if you are salaried.

Country's fourth-biggest private sector lender by assets said its board had approved the sale through a rights issue, public issue or private placement, including a so-called qualified institutions placement. The sale is subject to shareholders' approval.

All the five associates will merge with State Bank of India from April 1, in the largest consolidation exercise in the banking history of India.

The Finance Ministry has not received any communication with regard to reported merger of Kotak Mahindra Bank and Axis Bank, a senior official said. Mergers of private banks do not come to Finance Ministry, rather it is for the regulator to see, said another official.

Nobody had  thought of a merger possibility of two large banks in the private banking space.  That too,  well run Axis Bank and Kotak Mahindra Bank (it recently acquired ING Vysya Bank).

State Bank of India seems to be biting off more than it can chew by merging five associate banks with itself.

While the market regulator, Sebi is looking into the various aspects from pricing to deferment, Yes bank has to now strategise its next move. The capital has to be raised for meeting the bank's growth requirement.

Kotak also questioned whether nationalisation of banks served the purpose of checking disproportionate lending to big businesses, as most of the stress on their books is today due to loans to big corporates.

Future Group's Chief Executive Kishore Biyani has been appointed managing director of Bharti Retail as part of the reconstitution of the board following their merger pact announced last year.

The awards considered the entire value chain to identify financial service providers - banks, insurance and mutual funds - which have performed the best in their categories.