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Total 1868 results found. Search for [ asset sale ]

Results 1 to 21 of 1868
BusinessToday.In
June 21, 2021
The country's largest lender plans to raise fresh additional tier-I capital up to an amount of Rs 14,000 crore subject to the concurrence of Government of India.


Anand Adhikari
New Delhi, June 9, 2021
From disrupters to partners, the Fintech-bank relationship has come a long way. What is the next level of this partnership?


PTI
June 9, 2021
The lender, in a notification, said it intends to sell these NPA accounts to asset reconstruction companies (ARCs) / banks/NBFCs or other financial institutions (FIs) on 100% cash basis


PTI
June 7, 2021
In a statement, the RBI said the statutory Inspection for Supervisory Evaluation (lSE) of Bank of India was conducted with reference to its financial position as on March 31, 2019


BusinessToday.In
June 7, 2021
Finance Minister Nirmala Sitharaman, in her Budget speech, had announced privatising two public sector banks (PSBs) and one general insurance company in 2021-22.


PTI
June 5, 2021
Despite COVID-19, the bank's profit surged over five times to Rs 2,022 crore during the financial year ended March 2021, against Rs 363.34 crore during 2019-20


PTI
June 3, 2021
Niti Aayog has been entrusted with the task of selection of names of two public sector banks and one general insurance company for the privatisation as announced in the Budget 2021-22


BusinessToday.In
June 1, 2021
WazirX will sell NFTs on its platform only through native token WRX (1 WRX is worth Rs 104) with a cap of one billion. However, it'll allow users to transfer digital assets to other blockchain technologies like Ethereum


BusinessToday.In
May 28, 2021
Paytm IPO news: The Vijay Shekhar Sharma-backed digital payments platform plans to list on the NSE and BSE in November this year


Manoj Sharma
May 27, 2021
Increase on the asset side was mainly due to increase in foreign and domestic investments by 11.48 per cent and 13.75 per cent, respectively, while the liability increase was due to increase in deposits (26.85 per cent), notes issued (7.26 per cent) and other (43.05 per cent)


Niti Kiran
New Delhi, May 26, 2021
Domestic equity markets have shown resilience. Here are five sectors that will do well in spite of the Covid-19 mayhem


Nevin John
May 25, 2021
The disinvestment plan includes sale of assets like BPCL, Air India, Shipping Corporation of India, Container Corporation of India, IDBI Bank, BEML, Pawan Hans and Neelachal Ispat Nigam


Vivek Punj
May 25, 2021
Ambani might be smarting on account of a held-up deal with Saudi Aramco and a legal tussle over acquisition of Future Retail, but he still holds two assets that can put him on top in this wealth race


PTI
May 16, 2021
The State Bank of India (SBI) will sell three bad accounts to asset reconstruction companies or other financial institutions next month to recover dues of over Rs 235 crore, as per a sales notice


Anand Adhikari
New Delhi, May 13, 2021
The government and LIC have taken a decision to offload the equity stake in the development financial institution turned IDBI Bank to a strategic investor. But the big question is at what price the stake will be sold to a strategic investor. At the current valuations, the bank will be sold at a dirt-cheap price.  In fact, the sale should be based on the forward-looking parameters, which are very encouraging for the bank. The bank has witnessed a turnaround with the first-ever profits in the last five years. It has completely shifted from a corporate bank to a retail bank, which is much secured in terms of asset quality. The LIC-IDBI Combo offers a huge opportunity to cross-sell as the insurance giants have crores of customers.  And finally, the new buyer has to pay a control premium for acquiring a large stake and also a banking license, which is difficult to get as there are many aspirants. Anand Adikari, Executive Edtior, Business Today looks at the valuation issues surrounding the stake sale. Also Read : E-investingWatch More: How to make ARCs more effective to manage post-Covid NPAs  


PTI
May 9, 2021
Total consolidated income rose to Rs 5,163 crore in the quarter from Rs 3,780 crore in the year-ago quarter, Reliance Capital said in a regulatory filing


Nevin John
April 30, 2021
Exports from RIL's India operations decreased by 28.2 per cent to Rs 145,143 crore year-on-year. EBITDA decreased by 4.6 per cent to Rs 97,580 crore due to sectoral struggle of the O2C businesses


Anand Adhikari
April 29, 2021
There are over a dozen ARCs in the private sector, though only 3-4 dominate the bad loan resolution business; more freedom and flexibility is needed to strengthen them


Ashutosh Kumar
New Delhi, April 29, 2021
Centre hopes to monetise public sector assets such as land, roads and railways to finance an infrastructure push. But where is the model to achieve the Rs 2.5-lakh-crore target?


BusinessToday.In
April 29, 2021
The government is selling its entire 100 per cent stake in Air India, which has been in losses ever since its merger with domestic operator Indian Airlines in 2007.


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