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Anand Adhikari
November 20, 2020
Sources reveal the private bank has an exposure of Rs 90 crore in one of the loan accounts of Pune-based loss-making firm Bilcare Ltd. This loan was converted into a zero coupon non-convertible debenture (NCD) by the bank with no repayments scheduled for the first five years


BusinessToday.In
November 20, 2020
As per the company's latest shareholding pattern, Jhunjhunwala Rakesh Radheshyam owns 3.29% stake from an earlier 5.65% stake, while his wife Rekha Jhunjhunwala has a 2.3% stake in the company as against 6.2% stake, as of the September quarter


BusinessToday.In
November 20, 2020
YES Bank share price today opened at Rs 14.57 today and later rose 1.05% to the day's high of Rs 14.42 on BSE. The stock also hit the day's low of Rs 14.11, against the earlier close of Rs 14.27


BusinessToday.In
November 20, 2020
India Stock Highlights Updates Today: Bajaj Finserv followed by Tata Steel, Titan, Bajaj Finance, HDFC twins and Kotak Bank were among the top gainers on Sensex pack. On the other hand, ICICI Bank, ONGC, Axis Bank, SBI and IndusInd Bank were among the laggards


Reuters
November 19, 2020
The latest job cuts come after 6,000 reductions announced last year, and brings the total number of planned layoffs to 11,000, a third of which has already been realised


BusinessToday.In
November 19, 2020
Reversing the trend after 10 days of consecutive gains, YES Bank share price today opened at Rs 14.57 today and later rose to the day's high of Rs 14.69 on BSE. However, the stock also hit the day's low of Rs 14.45, falling 1.5% against the earlier close of Rs 14.68


BusinessToday.In
November 19, 2020
India Stock Market Highlights Today: Infosys, HCL Tech, SBI, Airtel, HUL were among the top losers today, while Bajaj twins, Tata Steel, Titan, ONGC, M&M, NTPC were among the top gainers on Sensex pack 


BusinessToday.In
November 18, 2020
Catch top stories from the world of business and economy with BusinessToday.In's Biz EOD report


Manoj Sharma
November 18, 2020
Scores of Lakshmi Vilas Bank customers have gone on panic mode since the moratorium was imposed; Manoharan says the bank has made adequate measures to provide cash to all customers within the prescribed limit


BusinessToday.In
November 18, 2020
LVB is a small bank and its failure won't significantly impact the banking sector, but it's the loss of confidence and trust in banking system that has escalated with this crisis


BusinessToday.In
November 18, 2020
Chennai-headquartered Lakshmi Vilas Bank got its new acquirer in DBS Bank after two failed mergers. Even though DBS Bank is well capitalised, the foreign bank will bring in additional capital of Rs 2,500 crore upfront to support credit growth of the new entity


BusinessToday.In
November 18, 2020
India Stock Market Highlights Today: Sensex closed 227 points higher at 44,180 and Nifty ended 64 points higher at 12,938. Shares of M&M , L&T and IndusInd  Bank were the top Sensex gainers rising up to 10.76%


BusinessToday.In
November 18, 2020
Malaysia's budget carrier AirAsia said in a statement that its operations in India, like those of its now-shuttered business in Japan have been draining cash and causing the group much financial distress


Manu Kaushik
November 17, 2020
Even though the telco said that it plans to raise about Rs 25,000 crore within two-three months, it seems that there's no way it can avoid tariff hikes at the moment


Anand Adhikari
November 17, 2020
The merger of Lakshmi Vilas Bank, an old private sector bank from India, with a foreign bank like Singapore-based DBS Bank is expected to bring its own set of challenges


Anand Adhikari
November 17, 2020
The troubled lender with 566 branches saw its capital adequacy ratio fall to 0.17 per cent in June 2020; it had Rs 13,827 crore in outstanding loans and deposits worth Rs 21,443 crore at the end of FY20


Vivek Punj
November 17, 2020
Payments to the creditors have been capped at Rs 25,000 during the period of moratorium. Withdrawals above Rs 25,000 have been permitted in case of unforeseen expenses


BusinessToday.In
November 17, 2020
Last week, shares of the private sector lender rallied with benchmarks Sensex and Nifty hitting fresh lifetime highs. The stock also saw high buying activity following news of YES Bank's inclusion in the MSCI India Index


Rupa Burman Roy
November 17, 2020
Gold, Silver prices today: Gold December Futures on the Multi Commodity Exchange traded at Rs 50,854, after yesterday's close of Rs 50,830, after hitting an intraday low and high of 50,738 and 50,888, respectively


PTI
November 17, 2020
Mahindra Lifespace MD and CEO Arvind Subramanian said the company's sales booking improved in the second quarter and are likely to be strong on festive demand during the October-December period


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