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Tata Industries to raise up to Rs 6,000 cr in bonds to invest in group cos

TIL is the core investment company for Tata Group's strategic investments in new and high-technology areas which complements the investment philosophy of Tata Sons

High credit-deposit ratio restricts banks' ability to cut interest rates

SBI reduces rates by 5 basis points on home loans up to Rs 30 lakh

RBI permits IBC bidders to raise funds via ECBs to repay existing lenders

The resolution applicants under Corporate Insolvency Resolution Process (CIRP), under the Insolvency and Bankruptcy Code (IBC), may find it attractive to borrow abroad to repay lenders

IDFC First Bank posts Rs 1,538 crore loss in Q3; gross NPAs at 1.77%

The accelerated amortisation charge of Rs 2,599.35 crore to profit and loss account is exceptional in nature and resulted in loss for the quarter ended December 31, 2018

Aditya Birla Capital Q3 net up 42% on strong NBFC, home loan, MF biz

Revenues up 26% to Rs 4,119 crore; lending book expands 29% to Rs 60,129 crore

Piramal and CDPQ of Canada to invest Rs 500 cr in Lodha's Palava smart city

The equity investment in Palava, in Mumbai Metropolitan region, is being done from the Piramal Ivanhoe Residential Equity Fund

Moody's downgrades Bharti Airtel's note rating to Ba1, over cash flows

This rating action concludes the review for downgrade initiated on 8 November 2018

Cobrapost impact: Wadhawan group to bring strategic investor for DHFL

Deal likely in 90 days, they say; promoter holding to be diluted on expanded equity

How about LIC Bank? With insurer as new owner IDBI Bank wants name change

Bank board's proposal in this regard must receive nod from RBI, shareholders and Stock Exchanges; it is also subject to name availability and reservation by MCA

IDBI Bank Q3 net loss rises to Rs 4,185 cr on higher bad loan provisions

Its asset quality remains under severe pressure

RBI removes Bank of India, Bank of Maharshtra, OBC from PCA regime

Bank of India, Bank of Maharashtra, Oriental Bank of Commerce can resume normal business but will be under observation

PNB fraud: A year later, big blind spot on India's biggest banking whodunit

While RBI's supervisory bureaucracy was blindsided on PNB, it gave the sense of having put sound systems in place

HDFC posts Q3 net profit at Rs 2,113.8 cr; income rises to Rs 10,569 cr

Total income rose to Rs 10,569 crore during the December quarter against Rs 8,824 crore in the year-ago period

RBL Bank Q3 net up 36% at Rs 225 crore on better interest margins

Net Interest Income up 40% to 655 crore; improvement in asset quality seen in better NPA ratios

Tata Capital's arm to raise up to Rs 3,000 crore through debentures

Rating agency Icra has assigned AAA rating to proposed issuance of non-convertible debentures.

Subhash Chandra's Essel Group banks on infrastructure, media stake sale

Of the 3 infra assets on the block, one is nearing completion, and the rest will be done in the next 3 to 6 months

Govt policies favouring SMEs will make fiscal consolidation harder: Moody's

The fiscal deficit may touch 3.4 per cent of gross domestic product (GDP) for year ending March 2019, breach the target of 3.3 per cent

Edelweiss Financial Services Q3 net profit down 4% at Rs 226 crore

The net profit is expected to grow by 15 per cent in FY19 over the base of FY18

SBI's flagship scheme for resolution of stressed power assets is in a soup

Lenders this paper spoke to said there was a concern regarding companies not cash-rich bidding for stressed assets

Ravneet Gill to be YES Bank boss after Rana Kapoor's tenure ends on Jan 31

In October, the RBI had refused to give incumbent CEO Rana Kapoor an extension to his term