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IDFC to slash stake in infra debt fund to 49%

IIDF raising Rs 1,500 cr through non-convertible debentures to buy out loans to road projects

IDBI to sell 5% stake in NSE

19 Dec 2014

IDBI Bank will sell its entire 5 per cent stake in country's leading stock exchange NSE in a transaction that may fetch the public-sector lender ...

ICICI Bank out of Russia, trims foreign operations

19 Dec 2014

Lender repatriates capital from its UK, Canada arms over macroeconomic uncertainties, strict regulations and tepid growth opportunities

SBI approves OTS for mining-affected borrowers in Goa

18 Dec 2014

State Bank of India has approved the one-time settlement (OTS) scheme for its borrowers from the beleaguered mining industry in Goa. This is ...

PSU banks extend rally; CNX PSU Bank index up nearly 3%

18 Dec 2014

SBI, Andhra Bank, IDBI Bank, Allahabad Bank, Canara Bank, Union Bank and Syndicate Bank are up 3% each on NSE.

Punjab National Bank, JK Tyre turn ex-split today

18 Dec 2014

JK Tyre surged 8% to Rs 129, while Punjab National Bank gained nearly 4% at Rs 225 in early morning trades on BSE.

ICICI Bank, Bank of Baroda fined for flouting KYC norms

18 Dec 2014

ICICI Bank has been slapped with a fine of Rs 50 lakh, while BoB has been levied a fine of Rs 25 lakh

RBI slaps Rs 50 lakh penalty on ICICI Bank, Rs 25 lakh on BoB

17 Dec 2014

RBI today imposed a penalty of Rs 50 lakh on ICICI Bank and Rs 25 lakh on Bank of Baroda for violation of KYC norms after they allowed opening ...

PSU banks rebound; CNX PSU index up 3%

17 Dec 2014

SBI, Oriental Bank of Commerce, Indian Bank, Union Bank, Bank of India and Syndicate Bank are up 3-6% on NSE.

Reliance Capital puts focus back on core with sale of Big Cinemas

17 Dec 2014

The sale will reduce debt by approximately Rs 700 cr through a combination of transfer of debt of Reliance MediaWorks and infusion of cash ...

SBI may have subsidiary to manage its vast real estate

17 Dec 2014

The balance sheet as of end-March this year showed the book value of the premises at Rs 2,091 crore

DCB Bank aims at 250 branches in three years

16 Dec 2014

The bank serves individuals, Micro-SME, SME, mid Corporate and Agri & Inclusive Banking segments

Reliance Capital: Insurance bill, monetisation of investments key positives

15 Dec 2014

Return ratios and profitability also expected to improve

IDBI plans NSE stake sale

15 Dec 2014

Mumbai-based IDBI Bank plans to offload stake in the National Stock Exchange

HDFC Bank pays Rs 1,500-cr advance tax

15 Dec 2014

Next is SBI, which paid Rs 1,420 cr

Kotak Mahindra Bank, ING Vysya Bank hit new high

15 Dec 2014

At 1515 hours, Kotak Mahindra Bank was up 5% to Rs 1,309, while ING Vysya Bank up 4.4% at Rs 884 on NSE.

Banking shares gain ahead of November WPI

15 Dec 2014

SBI, Kotak Mahindra Bank, Yes Bank, Allahabad Bank, BOB, IOB, Syndicate Bank, Canara Bank and PNB were up 1-2% on NSE.

Merger with HDFC makes sense but no proposal on table: Puri

15 Dec 2014

Currently, HDFC Bank is the second largest lender in the private sector. It ranks on top in market valuation, ahead of ICICI Bank

Andhra Bank mulls cut in base lending rate by March 2015

14 Dec 2014

Aims to bring down gross NPA to 5% by fiscal end

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