Page 17 - Subrata Panda

ICICI Bank refutes allegations of illegal staff termination

Terms allegations of termination of 782 employees 'voluntary abandonment of services'

Around 20% of UHNWIs look to settle abroad: Kotak Private Banking survey

They prefer equities investing followed by commercial real estate

Regulations should safeguard, not stifle: RBI Governor Sanjay Malhotra

Important to make financial systems secure, need to be mindful of not stifling investments

IRFC, IIFCL raise funds through long term bonds at attractive coupon rates

While IRFC raised Rs 3,000 crore through 10-year bonds at a coupon rate of 7.17 per cent, IIFCL raised Rs 1,000 crore through 7-year bonds at 7.28 per cent

Regulations must not create unintended barriers to financial inclusion: Guv

Only a matter of time when cross-border payments will become much easier and cost-effective, says RBI Governor Sanjay Malhotra

RBI's revised PSL norms: HDFC Bank, Federal Bank, IndusInd Bank to benefit

Augurs well for banks with relatively lower organic PSL generation

IMF asks Indian banks to adopt global norms for credit risk management

UN financial agency report released by RBI calls for enhanced supervision of individual loans

Vikram Sahu to take over as Bank of America's India country executive

Appointment subject to RBI approval; Sahu will lead the India team, deliver strategic growth plans, regulatory engagement, and governance

Kotak Mahindra Bank's shares rise nearly 5%, touch 41-month high

Lathia's appointment is part of Kotak's strategic efforts to strengthen its leadership and drive growth through innovation, the bank said in a statement

Some upper-layer NBFCs can be good substitute for banks: Sanjiv Bajaj

In next 10-15 years, India needs around four large capable, mature NBFCs, says Bajaj Finserv's Chairman and Managing Director Sanjiv Bajaj

Credit-deposit growth gap widens amid tight liquidity, shows RBI data

While credit expanded by Rs 1.38 trillion in the March 7 fortnight over the previous fortnight, deposits expanded by Rs 2.25 trillion

Bain Capital to invest Rs 4,835 crore in Manappuram Finance for 18% stake

The acquisition will be through a preferential allotment of equity and warrants at ₹236 per share, a 30 per cent premium over the six-month average trading price

Likely to put more global roles in India because of talent pool: Citigroup

Fraser also expressed confidence that India will remain the world's fastest-growing economy

Nabard, Sidbi raise Rs 14K cr amid demand for short to medium tenor bonds

This marks a shift from their usual preference for long-tenor bonds, as an oversupply of such bonds has driven yields higher

Promoters will infuse capital into IndusInd Bank if needed: Ashok Hinduja

Bank is currently well-capitalised; awaiting RBI clearance for stake raise from 15% to 26%

Allianz to explore new avenues in India after exit from Bajaj JVs

Bajaj Group will acquire the 26 per cent stake in BALIC for Rs 10,400 crore and in BAGIC for Rs 13,780 crore from Allianz

REC, Canara Bank raise Rs 10K cr via bonds; Ireda plans perpetual issue

Nabard, Sidbi to tap market this week to raise Rs 17,000 crore; Ireda eyes Rs 2,000 crore via perpetual bonds

Bajaj Finserv to buy Allianz's 26% stake in insurance JVs for Rs 24,180 cr

Post the acquisition, Bajaj Group's stake in the two insurance ventures will go up to 100 per cent from 74 per cent currently

Religare Enterprises begins governance review of firm, subsidiaries

Board has decided to approach new promoters, the Burman Group, for funds

Want to build biz in India for 100 years: Shriram Capital-Sanlam executives

Executives talk about their plans for the wealth management business and the group's banking ambitions