Search For "banking"
ECL Finance announces Rs 500 crore public issue of secured redeemable NCDs
Updated : 6 years, 4 months ago IST
Mumbai, (Maharashtra) [India], Nov 4 (ANI): ECL Finance Ltd (ECLF), the non-banking finance company of Edelweiss Group, has announced the public issue of secured redeemable non-convertible debentures (NCDs) of a face value of Rs 1,000 each amounting to Rs 100 crore with an option to retain o
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NBFCs must establish strong governance practices to restore stakeholder co
Updated : 2 years, 5 months ago IST
New Delhi [India], Nov 3 (ANI): While the liquidity condition in market improves for non-banking finance companies (NBFCs), it is imperative for them to establish strong governance and risk management practices to restore investor confidence and reduce overall borrowing costs, according to a
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Equity indices end flat, banking stocks gain
Updated : 6 years, 5 months ago IST
Mumbai (Maharashtra) [India], Oct 25 (ANI): Equity benchmark indices swung wildly between gains and losses on Friday but ended flat as investors mulled over mixed corporate earnings of the second fiscal quarter.
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Equity gauges close flat but telecom, banking stocks plunge after SC's ord
Updated : 6 years, 5 months ago IST
Mumbai (Maharashtra) [India], Oct 24 (ANI): Equity gauges wiped out early gains on Thursday and witnessed bouts of volatility as investor sentiment swayed by the trends of Maharashtra and Haryana assembly poll results.
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India's banking crisis frightening, need to reduce government's equity sha
Updated : 6 years, 5 months ago IST
New Delhi [India], Oct 22 (ANI): Nobel laureate Prof Abhijit Banerjee on Tuesday termed the banking crisis in India as frightening and stressed the need for reducing the government's equity share in public sector banks (PSBs) below 50 per cent.
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Banking operations in Patna, Bengaluru affected due to bankers strike
Updated : 6 years, 5 months ago IST
Patna (Bihar)/ Bengaluru (Karnataka) [India], Oct 22 (ANI): Thousands of bankers of public and private sector refused to report to work on Tuesday in Patna and Bengaluru protesting merger of ten government banks into four.
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Strike in public sector banks on Tuesday to paralyse operations
Updated : 6 years, 5 months ago IST
Mumbai (Maharashtra) [India], Oct 21 (ANI): Public sector banking operations are likely to be hit on Tuesday due to a day-long strike called by the All India Bank Employees' Association and the Bank Employees Federation of India.
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Banking veteran Akhauri Rajesh Sinha appointed as Chairman of Jindal Power
Updated : 6 years, 5 months ago IST
New Delhi [India] Oct 21 (ANI): Principal Group Adviser to the Power Trading Corporation Akhauri Rajesh Sinha has been appointed as Chairman of JSPL's subsidiary Jindal Power Limited.
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L&T Finance Holdings Q2 profit falls 69 pc to Rs 174 crore
Updated : 6 years, 5 months ago IST
Mumbai (Maharashtra) [India], Oct 19 (ANI): L&T Finance Holdings (LTFH), a diversified non-banking financial company, has posted nearly 68.92 per cent drop in its net profit at Rs 174 crore for the July to September quarter compared to Rs 559 crore in the same quarter of last year. Read More
Those who destroyed banking system now in jail, says Modi
Updated : 6 years, 5 months ago IST
Mumbai (Maharashtra), Oct 19 (ANI): Prime Minister Narendra Modi on Friday took a veiled dig at Congress leader P Chidambaram and also referred to arrests in bank fraud cases and said the government has undertaken a cleanliness drive in which more steps will be taken.
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Sensex ends above 39,000 mark, Yes Bank jumps over 15 pc
Updated : 6 years, 5 months ago IST
Mumbai (Maharashtra) [India], Oct 17 (ANI): Equity benchmark indices extended morning gains on Thursday with fresh optimism in auto and banking stocks leading the rally.
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India Ratings lowers its FY20 GDP growth forecast to 6.1 pc
Updated : 6 years, 5 months ago IST
New Delhi [India], Oct 10 (ANI): India Ratings and Research (Ind-Ra) on Thursday revised its forecast of India's gross domestic product (GDP) growth in current financial year downward to 6.1 per cent following the Central Statistical Organisation (CSO) estimating Q1 growth to be 5 per cent,
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