Mumbai (Maharashtra) [India], Aug 21 (ANI): Troubled lender Yes Bank on Friday executed a definitive agreement for the sale of 100 per cent equity shareholding of Yes Asset Management and Yes Trustee to GPL Finance and Investments which is 99 per cent owned by White Oak Investment Management
Singapore, Aug 21 (ANI): The sharp slowdown in India's economic growth exacerbated by coronavirus outbreak will hurt public sector banks' (PSBs) asset quality and drive up credit costs, Moody's Investors Service said in a new report on Friday.
Chennai (Tamil Nadu) [India], August 20 (ANI): Government-owned Indian Overseas Bank (IOB) on Thursday posted a net profit of Rs 121 crore in April to June quarter as against a net loss of Rs 342 crore for the corresponding period of last fiscal year.
New Delhi [India], Aug 19 (ANI): The Delhi High Court on Wednesday enquired from Pacific Capital Services Private Limited, a firm owned by former ICICI Bank CEO Chanda Kochhar's husband Deepak Kochhar, in which court it wants to push for the plea seeking release of its assets seized by the E
Kochi (Kerala) [India], Aug 19 (ANI): Muthoot Finance, the country's largest gold financing company in terms of the loan portfolio, on Wednesday reported 59 per cent jump in its net profit at Rs 841 crore for Q1 FY21 as against Rs 530 crore in the same period of previous fiscal.
Mumbai (Maharashtra) [India], Aug 19 (ANI): The recently announced loan restructuring guidelines for COVID-19 related stress will provide banks with an opportunity to keep viable accounts as standard in their books, India Ratings and Research (Ind-Ra) said on Wednesday.
Mumbai (Maharashtra) [India], Aug 19 (ANI): Indiabulls Real Estate and two subsidiaries of Embassy Group have entered into a definitive agreement to merge their residential and commercial projects across markets to create one of the largest property development platforms in the country.
Bengaluru (Karnataka) [India], Aug 17 (ANI/PRNewswire): RMZ Corp, India's leading privately owned real estate developer, manager and investor of real assets, today announced that globally it is the first to have earned the WELL Health-Safety Rating for Facility Operations and Management thro
Bhubaneswar (Odisha) [India], Aug 14 (ANI): Odisha Vigilance Department on Wednesday raided the houses owned by an Odisha government officer and found assets worth more than Rs 3 crores.
Washington [US], August 13 (ANI): As Kamala Harris became the first female African-American and Indian-origin to be nominated as Vice President of the United States, Kumar Barve, an Indian-American, has said that the mood of the community is very positive and said the 55-year-old will be a s
Hong Kong, August 13 (ANI): The three top leaders of Chinese Communist Party including President Xi Jinping, have relatives who own assets in Hong Kong, an investigation by the New York Times revealed.
Bengaluru (Karnataka) [India], Aug 12 (ANI): Karnataka Minister CT Ravi on Wednesday said that the violence in Bengaluru was well planned and that the state government will do an asset recovery from rioters just like it the Uttar Pradesh government had done recently.