Search For "lender"
RBI cancels licence of Independence Co-operative Bank Limited
Updated : 4 years, 3 months ago IST
Mumbai (Maharashtra) [India], February 3 (ANI): The Reserve Bank of India (RBI) on Thursday said it has cancelled the licence of Nashik-based cooperative lender Independence Co-operative Bank Limited and requested Commissioner for Cooperation and Registrar of Cooperative Societies, Maharasht
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SC refuses to pass interim order to restrain lenders from declaring Future
Updated : 4 years, 3 months ago IST
New Delhi [India], February 3 (ANI): The Supreme Court on Thursday refused to pass any interim order on a petition of Future Retail Limited (FRL) seeking quashing of lenders' letters warning initiation of insolvency proceedings against it.
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SC seeks banks' response on Future Retail's plea to restrain lenders from
Updated : 4 years, 3 months ago IST
New Delhi [India], February 1 (ANI): The Supreme Court on Tuesday asked a consortium of banks to file an affidavit on a fresh petition of Future Retail Ltd. (FRL) seeking quashing of lenders' letters warning initiation of insolvency proceedings against it.
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S&P upgrades outlook on Axis Bank from 'stable' to 'positive'
Updated : 4 years, 3 months ago IST
Mumbai [India], January 26 (ANI): Global ratings agency Standard and Poor's (S&P) has upgraded the outlook on Axis Bank from 'stable' to 'positive' citing an improvement in asset quality of the private sector lender.
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IMF urges El Salvador to ditch Bitcoin as legal tender citing concerns of
Updated : 4 years, 4 months ago IST
Washington [US], January 26 (ANI): The International Monetary Fund on Tuesday urged El Salvador to remove Bitcoin as a legal lender citing concerns over financial and market integrity risks.
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Share price of Axis Bank surges 4.56 per cent after Q3 results
Updated : 4 years, 4 months ago IST
Mumbai (Maharashtra) [India], January 25 (ANI): Share price of Axis Bank, the country's third largest private lender, surged 4.56 per cent on Tuesday, a day after the company posted 224 per cent surge in its third quarter profit year-on-year.
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YES Bank Q3 profit surges 76.8 per cent to Rs 266 crore
Updated : 4 years, 4 months ago IST
Mumbai (Maharashtra) [India], January 22 (ANI): Private sector lender YES Bank on Saturday announced Rs 266 crore net profit for the third quarter of the current financial year, which is 76.8 per cent higher when compared with Rs 151 crore profit recorded in the corresponding quarter of last
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Bandhan Bank Q3 net profit rises 35.7 per cent to Rs 859 crore
Updated : 4 years, 4 months ago IST
Kolkata (West Bengal) [India], January 21 (ANI): Private sector lender Bandhan Bank on Friday said its net profit surged by 35.7 per cent to Rs 859 crore for the third quarter of the current financial year as compared with Rs 632.6 crore profit recorded in the corresponding quarter of 2020-2
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China's debt-trap diplomacy continues in Africa through Belt Road Initiati
Updated : 4 years, 4 months ago IST
Beijing [China], January 18 (ANI): China's debt-trap diplomacy continues in Africa through the Belt Road Initiative as it gains momentum in the continent through a slew of big infrastructural projects and the criticism of trapping African countries in debt by Chinese lenders is also coming t
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SBI hikes interest rates on fixed deposits by upto 10 basis points
Updated : 4 years, 4 months ago IST
Mumbai [India], January 15 (ANI): State Bank of India, the country's largest lender, on Saturday increased interest rates on fixed deposit (FD) by upto 10 basis points or 0.10 per cent.
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Indian Digital Lender CASHe raises 140 crore in equity funding from TSLC
Updated : 4 years, 4 months ago IST
Mumbai (Maharashtra) [India], January 5 (ANI/NewsVoir): CASHe, India's leading credit led, AI-driven financial wellness platform, announced that it has closed 140 crores of equity funding from its Singapore-based holding company TSLC Pte Ltd.
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SBI makes online IMPS transactions upto Rs 5 lakh free
Updated : 4 years, 4 months ago IST
Mumbai [India], January 4 (ANI): The country's largest lender State Bank of India said on Tuesday it has decided to enhance the free IMPS online transactions limit to Rs 5 lakh from the Rs 2 lakh in order to encourage customers to adopt digital banking.
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