Page 116 - Abhijit Lele%20/t%20_blank

Tata Capital to get Rs 165-cr infusion through issue of preference shares

Tata Capital has a diversified product portfolio with a presence in both the wholesale and retail finance segments

Lenders to troubled real estate financier Altico Capital begin debt recast

The company is diversifying its portfolio, both in terms of sectors and ticket size

Repo-linked loans: Home buyers to see higher outgo in initial years

Under the new structure, SBI has divided the principle amount of the loan by the tenur

Titan Company plans to raise Rs 900 crore through commercial paper

ICRA said the company had leadership position in the organised jewellery, watches, and eyewear segments

ARCIL board asks management to firm up a business plan of five years

Will link decision on MD and CEO tenure to plan

SBI cuts MCLR by 10 basis points, slashes term deposit rates by 20-25 bps

Bank official hints at another round of rate cuts following low credit offtake

Bank of Baroda plans to raise capital up to Rs 3,000 cr via tier-II bonds

BOB is amongst the better capitalised PSBs, with a common equity tier I capital of 8.49% in 1QFY20

Three senior executives to leave IDBI Bank in September

Bank has reshuffled portfolios of executive directors to ensure smooth working of institution.

Merger of PSBs: Move to improve efficiency, bargaining power, says industry

However, benefits from these measure, being structural in nature, will accrue in the long term, they said.

NBFC funding to commercial sector plunges 20% in FY19: RBI annual report

Commercial credit flows from NBFCs stood at Rs 9.34 trillion in FY19, down from a high of Rs 11.60 trillion in the previous financial year

Lenders to initiate independent verification of crisis-hit DHFL's numbers

Appoints Alvarez & Marsal to monitor cash flows

S R Batliboi & Co resigns as statutory auditor for IndusInd Bank

IndusInd Bank has appointed Haribhakti & Co as statutory auditor for FY20, subject to RBI nod

HSBC, Stanchart, Citi top charts in customer experience: Kantar report

Kantar today throws up interesting insights and also reflects the huge gap between reality and perception that exists in the sector

Religare Enterprises to sell home loan arm, NBFC business to TCG

RFL has an asset base of Rs 7,000 crore, which includes Rs 4,500-crore SME loan book

Union Budget 2019: Bank recapitalisation to take place in two stages

Recapitalisation will involve two legs - first, banks will subscribe to bonds floated by the govt. In the second leg the govt will infuse that money into public sector banks

Lenders cautious as Cox & Kings defaults on commercial paper of Rs 200 cr

Cox & Kings had a total debt of Rs 3,238 crore at end of FY19 and this included both short-term and long-term loans

Conservative values helped HDFC face headwinds in FY19: Deepak Parekh

The latter half of FY19 was challenging for several sectors across the Indian economy as liquidity tightened, aversion to risk increased and consumption slowed

Asset reconstruction companies can now acquire financial assets of peers

The selling ARC should use the proceeds for the redemption of underlying security receipts.

Retail loan growth slows to 17% in May, reflects slowdown in economy

The outstanding credit in retail category stood at Rs 22.14 trillion in May 2019 as against Rs 19.93 trillion in May 2018

More steps in the offing for timely fraud detection in banks: RBI

There is a need for timely recognition and reporting to reduce their economic costs and to address the vulnerabilities in a proactive and timely manner, RBI said in its Financial Stability Report