Mumbai (Maharashtra) [India], Mar 18 (ANI): Private sector lender IndusInd Bank has said it is financially strong, well-capitalised, profitable and a growing entity with strong governance.
Mumbai (Maharashtra) [India], Mar 17 (ANI): Yes Bank will resume normal operations from 6 pm on March 18 and it has no liquidity problem, Administrator of the troubled private sector lender Prashant Kumar said on Tuesday.
Mumbai (Maharashtra) [India], Mar 17 (ANI): Private sector lender RBL Bank said on Tuesday it is financially strong, well-capitalised, profitable and a growing entity with a strong governance set-up.
New Delhi [India], Mar 13 (ANI): The Union Cabinet on Friday approved reconstruction scheme for private sector lender Yes Bank as proposed by the Reserve Bank of India (RBI) and the moratorium will be lifted within three days after the notification is issued.
Mumbai (Maharashtra) [India], Mar 11 (ANI): The country's largest lender State Bank of India (SBI) on Wednesday announced a reduction in its marginal cost of funds-based lending rate (MCLR) by 10 to 15 basis points across all tenors.
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 7 (ANI): State Bank of India's legal team has started due diligence as the public sector lender prepares to infuse Rs 2,450 crore to pick 49 per cent stake in the troubled private sector Yes Bank after being placed under administration by the Reserve Bank of
Mumbai (Maharashtra) [India], Mar 6 (ANI): The Reserve Bank of India (RBI) placed in public domain a draft scheme of reconstruction for Yes Bank on Friday, a day after it superseded the board of troubled private sector lender with immediate effect.
Mumbai (Maharashtra) [India], Mar 6 (ANI): New technologies are enabling lenders to appraise loan proposals of micro, small and medium enterprises (MSMEs) expeditiously by doing due diligence online, Reserve Bank of India Governor Shaktikanta Das said on Friday.
New Delhi/Mumbai (Maharashtra) [India], Mar 6 (ANI): The interests of Yes Bank depositors will be protected and the Reserve Bank of India (RBI) will soon put in place a mechanism to revive the capital-starved public sector lender, the government said on Friday.
Mumbai (Maharashtra) [India], Mar 6 (ANI): Shares of Yes Bank crashed by 54.89 per cent on Friday morning, a day after the Reserve Bank of India (RBI) said it is superseding the board of troubled private sector lender with immediate effect.
Mumbai (Maharashtra) [India], Feb 28 (ANI): Private sector lender IndusInd Bank has announced the appointment of Sumanth Kathpalia as the Managing Director and Chief Executive Officer succeeding Romesh Sobti.