Mumbai (Maharashtra) [India], Mar 13 (ANI): In a major development, Axis Bank, ICICI Bank, HDFC, and Kotak Mahindra Bank have decided to invest Rs 3,100 crore in Yes Bank.
Mumbai (Maharashtra) [India], Mar 13 (ANI): The boards of directors of Axis Bank and HDFC on Friday approved to invest up to Rs 600 crore and Rs 1,000 crore respectively in Yes Bank.
Mumbai (Maharashtra) [India], Mar 13 (ANI): Investors woke up to a Black Friday as equity indices crashed by nearly 10 per cent with coronavirus panic selling globally hitting almost every asset class.
Singapore, Mar 12 (ANI): Non-bank financial institutions (NBFIs) will likely face renewed pressure on funding and liquidity following the Reserve Bank of India's (RBI's) takeover of Yes Bank this month, according to Fitch Ratings.
Mumbai (Maharashtra) [India], Mar 11 (ANI): Private sector lender RBL Bank said on Wednesday it is a fundamentally strong institution and speculation over financial health and stability of the institution especially in social media seem to be misplaced, motivated and not based on facts.
Mumbai (Maharashtra) [India], Mar 10 (ANI): India Ratings and Research (Ind-Ra) has revised the power sector outlook to negative for FY21 from stable-to-negative on account of muted growth in electricity demand and rising discoms dues.
Mumbai (Maharashtra) [India], Mar 10 (ANI): With the 21st century millennial women becoming progressive and increasingly financially independent, there is a distinct shift in their investment preferences -- from gold and fixed deposits to real estate.
Singapore, Mar 9 (ANI): Fitch Ratings said on Monday that operating environment remains difficult for India's banks in line with its negative outlook for the sector despite some indications of an improvement in the macroeconomic outlook.
Nairobi [Kenya], Mar 8 (Xinhua/ANI): Widespread mobile phone use in Kenya is turning out to be an asset in the East African nation's efforts to keep coronavirus at bay.
Mumbai (Maharashtra) [India], Mar 7 (ANI): New entrant 'Collectable handbags' has topped the Knight Frank Luxury Investment Index (KFLII), rising in value by 13 per cent over the 12 months to Q4 2019, knocking rare whisky off its number one position.
Mumbai (Maharashtra) [India], Mar 7 (ANI): India Ratings and Research (Ind-Ra) has downgraded PNB Housing Finance Ltd's (PNBHF) non-convertible debentures (NCDs) rating to AA from AA-plus with a stable outlook.
Indore (Madhya Pradesh) [India], Mar 2 (ANI): A local court on Monday ordered the confiscation of movable and immovable properties worth over of Rs 58.48 lakh of Pankaj Trivedi, the then controller of VYAPAM, according to a press release.