Search For "lender"
Yes Bank acquires 30 pc stake in Rosa Power, stock jumps by 4.6 pc
Updated : 6 years, 4 months ago IST
Mumbai (Maharashtra) [India], Jan 15 (ANI): Shares of Yes Bank rose by 4.6 per cent on Wednesday afternoon after the embattled private sector lender invoked pledge and acquired 30 per cent of Rosa Power Supply Company Ltd.
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IndusInd bank reports 33 pc jump in Q3 net profit at Rs 1,309 crore
Updated : 6 years, 4 months ago IST
Mumbai (Maharashtra) [India], Jan 14 (ANI): Private sector lender IndusInd Bank on Tuesday reported 33 per cent jump in its net profit for the October to December quarter (Q3 FY20) at Rs 1,309 crore as against Rs 985 crore in the corresponding quarter of the previous year.
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HCC jumps 6.8 pc after lenders initiate carve-out of Rs 2,100 crore debt
Updated : 6 years, 4 months ago IST
Mumbai (Maharashtra) [India], Jan 13 (ANI): The share price of Hindustan Construction Company (HCC) advanced by 6.8 per cent on Monday morning as its lenders initiated a carve-out of Rs 2,100 crore of debt to a third-party-controlled special purpose vehicle (SPV) along with certain arbitrati
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Equity indices close in the green, Adani Ports gains by 3.1 pc
Updated : 6 years, 4 months ago IST
Mumbai (Maharashtra) [India], Jan 1 (ANI): Equity benchmark indices traded range-bound on Wednesday but closed in the green as investors contemplated stock-specific action on the first trading session of the calendar year 2020.
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Two Indian banks to cease operations in Sri Lanka
Updated : 6 years, 4 months ago IST
Colombo [Sri Lanka], Jan 1 (ANI): The Central Bank of Sri Lanka has permitted Indian private sector lenders Axis Bank and ICICI Bank to close their operations in the island nation, according to online news portal ColomboPage.
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LVB's CFO S Sundar takes over interim Managing Director & CEO
Updated : 6 years, 4 months ago IST
Chennai (Tamil Nadu) [India], Jan 1 (ANI): Lakshmi Vilas Bank's (LVB's) Chief Financial Officer S Sundar on Wednesday took over as interim Managing Director and Chief Executive Officer of the troubled private sector lender.
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Residential real estate on the path to recovery
Updated : 6 years, 4 months ago IST
New Delhi [India] Dec 31 (ANI/NewsVoir): With State Bank of India, the country's largest lender, reducing interest rates on home loans by 25 basis points to 7.9 per cent and other lenders likely to follow suit, the year 2020 seems to have begun on a promising note for developers, particularl
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Slowdown to compress incremental credit growth in FY20: ICRA
Updated : 6 years, 4 months ago IST
New Delhi [India], Dec 30 (ANI): Muted economic growth, lower working capital requirements and risk aversion among lenders have compressed the incremental credit growth in current financial year (April 2019 to March 2020), according to investment information agency ICRA.
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Yes Bank sees rating downgrade on multiple bonds
Updated : 6 years, 5 months ago IST
Mumbai (Maharashtra) [India], Dec 26 (ANI): Brickwork Ratings has downgraded the rating of Yes Bank's various long-term bond issues worth Rs 1,330 crore as India's fourth largest private sector lender grapples with the overhang of stressed assets.
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RBI files application for bankruptcy proceedings against DHFL
Updated : 6 years, 5 months ago IST
Mumbai (Maharashtra) [India], Nov 30 (ANI): The Reserve Bank of India (RBI) has filed an application to initiate insolvency proceedings against mortgage lender Dewan Housing Finance Ltd (DHFL).
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Yes Bank to raise $2 billion through preferential allotment of shares
Updated : 6 years, 5 months ago IST
Mumbai (Maharashtra) [India], Nov 30 (ANI): Private sector lender Yes Bank has decided to raise up to two billion dollars (about Rs 14,300 crore) through preferential allotment of shares.
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HDFC Bank makes two key appointments, forms panel to find MD Puri's succes
Updated : 6 years, 5 months ago IST
Mumbai (Maharashtra) [India], Nov 29 (ANI): Private lender HDFC Bank has appointed industry veterans Sashidhar Jagdishan and Bhavesh Zaverias on the board besides forming a panel to search for a successor to Managing Director Aditya Puri whose tenure ends on October 26 next year.
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