Page 14 - Subrata Panda

We should be third-largest listed pvt insurer in 3 yrs: Prashant Tripathy

Axis Max Life Insurance managing director and chief executive officer talks about the company's strategy for 2025-26

Jio Credit raises Rs 1,000 crore in maiden bond issue at 7.19% yield

The issue included a base size of Rs 500 crore and a greenshoe option of Rs 500 crore

SMBC's 20% stake purchase is credit positive for Yes Bank: Moody's

Moody's says SMBC's investment in Yes Bank adds a strategic partner with strong funding and governance credentials, though affiliate support not yet factored in

Sahara Hospitality stressed asset: 18 ARCs express interest in Sahara Star

Once the entities that have submitted EoIs complete their due diligence, binding bids for acquiring the exposure will be invited

Yes Bank shares rises over 2% on SMBC's Rs 13,482-cr stake acquisition

Yes Bank rose 2.35 per cent after SMBC's ₹13,482-crore stake deal but underperformed the Nifty Bank and Nifty 50 indices, which posted stronger gains

SMBC to have two nominees on Yes Bank board: MD & CEO Prashant Kumar

Prashant Kumar tells why SMBC has become a strategic investor and the advantages arising from this for Yes Bank

SBI, private banks sell 20% Yes Bank stake to SMBC for ₹13,482 cr

In India's largest cross-border banking deal, SBI and private lenders sell 20% stake in Yes Bank to SMBC for ₹13,482 crore, valuing the bank at $7.9 billion

SMBC's board representation in Yes Bank to be proportionate to its stake

SMBC to gain 20 per cent stake in Yes Bank, becoming its largest shareholder with likely board representation; SBI's stake to reduce post regulatory approval

Jio Credit looks to raise Rs 1K cr in maiden bond issue next week

Company is expecting a coupon rate of 7.19%, sources said

RBI removes short-term investment limits for FPIs in corporate debt

The RBI has removed short-term and concentration limits on FPI investments in corporate debt to ease access and deepen market participation

Crisil puts IndusInd Bank's long-term debt instrument on 'rating watch'

Rating agency says there has been no 'material outflow' in lenders deposits in two months

Exim Bank withdraws planned 10-yr bond issuance over high yield demands

The bank had planned to raise Rs 2,500 crore through 10 year bonds. The base issue size was Rs 500 crore and the green shoe option was Rs 2,000 crore

Hike Motor TP rates, cut GST on health premiums: Non-life insurers to govt

DFS Secretary urges insurers to improve claims processing in order to reduce customer inconvenience

Domestic cos may go slow on long term bond issuance plans briefly

Escalating geopolitical tensions may prompt issuers to delay long-term bond issues amid uncertainty, though RBI support is keeping yields stable for now

Speculative, incorrect: Yes Bank denies stake sale reports in clarification

According to reports, SMBC is in talks with the private lender to acquire a little over 20 per cent stake in the bank, which will trigger an open offer to acquire a majority stake in the bank

Govt weighing next move after SC's JSW-BPSL order: DFS Secretary M Nagaraju

The DFS is assessing the Supreme Court's Bhushan Steel ruling with lenders and may chart next steps soon; IDBI Bank's 61 per cent stake sale will conclude in 2025

RBI may cut rates by up to 125 bps in FY26, says SBI Research report

SBI Research expects a 125 bps rate cut in FY26 as inflation falls to multi-year lows, with liquidity measures like OMOs and pressure on deposit rates likely to follow

Our aspiration is to exit Q4FY26 with RoA of 1%: Yes Bank MD & CEO

Prashant Kumar discusses the Q4FY25 results and future strategy of the bank

Banks stare at Bhushan Power & Steel again after SC liquidation order

Lenders may need to reverse recoveries from JSW's resolution plan for Bhushan Power & Steel as Supreme Court orders liquidation, triggering fresh provisioning concerns

40% of our artificial intelligence hubs are in India: BNY CEO Robin Vince

Tariffs are part of the story, but it's really about trade, says Vince