Looks to transfer nine a/cs worth Rs 780 crore to NARCL
The banks will set aside around 15 per cent provision for secured loans. It would be higher for unsecured credit
The ultimate losses to lenders could be limited, given the secured nature of loans
The RBI on Monday superseded the boards of Srei Infrastructure Finance and Srei Equipment Finance
Lender says it is recording growth in three business segments as the coronavirus pandemic slows down in India.
But those in the know say that trouble at Srei had been brewing for a while now
Ex-BoB official named administrator of the companies
The country's largest lender raised Rs 4,000 cr via AT1 bonds last month
Yes Bank posts 3.6% growth in advances at Rs 1,72,945 cr in Sep quarter
Over 62% IDFC shareholders reject appointment of Vinod Rai as non-independent, non-executive director
Crisil upgrades rating for Tier-I bonds to "AA" reflecting the lender's improved capital ratios and greater ability to make future coupon payments
The DICGC in a statement said only those depositors who have submitted their willingness to the insured banks would get money
The banks include include Punjab & Maharashtra Co-Op Bank (PBC Bank) and City Co-operative Bank
Customers can avail of new home loans starting at an interest rate of 6.70 per cent per annum, irrespective of the loan amount or employment category
Adar Poonawalla backs former MD Bhutada, says he hasn't done anything, according to lawyers
Holding company's 'AAA' rating will make it a formidable player: Bankers
Based on the financial profile (including profit levels), banks could look at offloading SRs in the market within five years
Banks identify assets to be moved, but rules need to be framed first: Officials
The performance of 143 rated securitisation deals showed the recovery has improved sentiments and supported the loan performance in June-July 2021
Those in the pipeline can get a fillip from deferred work, increasing overall thrust to private investment