Chennai (Tamil Nadu) [India], Aug 20 (ANI): The Enforcement Directorate (ED) on Thursday attached properties worth Rs 1.63 crores of a former manager of the Indian Bank and others in a bank fraud case.
Kathmandu [Nepal], Aug 16 (ANI): The construction of Arun-III hydropower project in Nepal's Sankhuwasabha district is on fast-track as five Indian banks and two Nepali banks have committed to lend debts for construction of the 900 MW mega power project.
Mumbai (Maharashtra) [India], August 1 (ANI): Indian state-owned banks' plans to raise capital from private sources will not be sufficient to mitigate anticipated risks unless supplemented with additional capital support from the government, according to Fitch Ratings.
Mumbai (Maharashtra) [India], July 3 (ANI): Private sector lender Axis Bank is fully winding down and closing operations of its subsidiary in Britain as it focuses on the Indian banking sector.
Chennai (Tamil Nadu) [India], June 23 (ANI): Public sector Indian Bank said on Tuesday its net loss for the January to March quarter expanded to Rs 218 crore from Rs 190 crore in Q4 FY19.
Singapore, June 22 (ANI): Fitch Ratings has revised the outlook to negative from stable on long-term issuer default ratings (IDRs) of nine India-based banks while affirming their IDRs, support ratings and support rating floors.
Singapore, June 2 (ANI): Moody's Investors Service on Tuesday downgraded 11 Indian banks along with as many non-financial companies and infrastructure majors besides four government-related issuers following a downgrade of the Indian government's issuer rating to Baa3 from Baa2 with a negati
Singapore, May 29 (ANI): Indian banks are looking at significant asset quality challenges for at least the next two years despite regulatory measures, according to Fitch Ratings.
New Delhi [India], May 21 (ANI): The Government of India is in touch with the United Kingdom over the next step in the process of extraditing embattled liquor baron Vijay Mallya, who was recently refused permission to appeal to UK's highest court against a ruling to extradite him to face cha
London [UK], May 14 (ANI): Embattled liquor tycoon Vijay Mallya has been refused permission to appeal to the UK's highest court against a ruling to extradite him from the United Kingdom to India to face charges of defrauding a consortium of Indian banks of more than Rs 11,000 crore.
London [UK], April 20 (ANI): The High Court in London has rejected an appeal by embattled liquor tycoon Vijay Mallya to overturn a decision to extradite him to India to face charges of defrauding a consortium of Indian banks of more than Rs 9,000 crore.