Bs Reporter

Securitisation volumes likely to have touched Rs 60,000 cr in Q2: Icra

HDFC Bank, in its quarterly update, said it has securitised Rs 19,200 crore of loans in Q2FY25 as a strategic initiative to lower its elevated credit-deposit ratio

HDFC Bank raises MCLR by 5 bps for select tenures, effective October 7

MCLR is the minimum interest rate a financial institution needs to charge for a specific loan. It dictates the lower limit of the interest rate for a loan

Canara Bank invites EoIs for counter bids on exposure to 3 NSL companies

The three NSL group companies include NSL Sugar Ltd, NSL Krishnaveni Sugar Ltd, and NSL Textiles Ltd. NSL Group is led by Mandava Holdings Pvt Ltd, the holding company

LIC boosts stake in Pune-based Bank of Maharashtra from 4.05% to 7.10%

LIC acquired 3.376 per cent equity of the bank during the QIP process at an average cost of Rs 57.36

Exit polls predict a Congress return in Haryana, hung house in J&K

While all the exit polls predict a thumping Congress win in Haryana, most suggest a split verdict in Jammu & Kashmir

Visa unveils platform for global banks to issue stablecoin, other tokens

The product is designed to let banks use their tokens within smart contracts for programmability

Inflation rate under outgoing MPC that decided 25 monetary policies

The outgoing MPC was constituted in October 2020 and is now demitting office

KRN Heat Exchanger makes bumper trading debut, increases 2.2 times

The gains came despite a selloff in the overall market. The stellar listing follows a strong debut for KRN's shares during its maiden share sale

Half a dozen firms file DRHPs, first MF transaction on ONDC, and more

The euphoria in the initial public offering (IPO) market shows no sign of a slowdown

NTPC registers 3.9% growth in power generation, 16% in coal mining

The company's mining arm, NTPC Mining, produced 19 million tonnes (MT) of coal during H1FY25, registering a growth of 20 per cent year-on-year

Adani Power signs agreement to acquire Dahanu Power for Rs 815 crore

In a two-step deal, AESL transferred the asset-holding subsidiary to Adani Properties, which in turn sold it to Adani Power

Dr Reddy's completes acquisition of Haleon's global NRT portfolio

DRL's Swiss subsidiary completed the acquisition through the purchase of shares of Northstar Switzerland SARL, a Haleon group company

Reliance Industries secures Centre's approval for transfer of channels

The Competition Commission of India (CCI) approved the Rs 70,350-crore merger between Reliance Industries and Disney's Indian media assets on August 28, 2024

Tata Motors conducts ceremony of new vehicle manufacturing facility in TN

This manufacturing facility will produce next-gen vehicles for Tata Motors and JLR

Fire breaks out at Tata Electronics' unit in Hosur, employees safe

The fire, according to media reports, started at the mobile phone accessories painting unit of the company

NSE and BSE revise their transaction fees to comply with Sebi circular

NSE revised the charges for the cash market to Rs 2.97 per side per lakh of traded value

BSE revises transaction fee for derivatives; KRN Heat IPO subscribed 214x

Other market infrastructure institutions have also revised their charges as per the Sebi mandate

IndusInd Bank board okays re-appointment of Kathpalia as MD & CEO for 3 yrs

Re-appointment is subject to RBI and shareholder approval