Page 528 - Finance News

Tata Capital's green lending arm gets $30 million from Britain's CDC

Tata Cleantech Capital is an arm of Tata Capital under its green lending facility

A bank REIT will unlock value, generate liquidity and help society

5 nationalized banks' balance sheets reflects that immovable property constitutes around 0.70 per cent of their total assets

How KKR's big bet on India credit became a cautionary tale for investors

Rocked by the shadow-banking crisis in India, KKR's local credit unit lost $207 million in the final nine months of 2019, wiping out nearly 40 per cent of its capital

Airtel Safe Pay provides three-layer safety for a fraud-proof future

With Airtel Safe Pay transactions, money gets debited only after subscriber's nod

IPOs off to best start in 12 yrs as Budget uncertainty spurs rush of offers

Four deals worth Rs 7,376 crore launched, most since Jan 2008; bullish sentiment in secondary market fuels new offers

Axis Bank's net profit drops 36% in Q3 due to higher provisions

Provisioning cost rose 33 per cent year-on-year; proforma gross NPA at 4.55 per cent

Budget Byte: NBFCs may need liquidity support from PSBs for commercial flow

This year, while housing finance has improved, preliminary data shows that NBFC flow to the commercial sector is lagging

Union Bank of India to raise Rs 205 cr by issuing Basel III compliant bonds

State-owned Union Bank oFrom the issue size of Rs 200 crore with green shoe option up to Rs 30f India on Wednesday said it will raise Rs 205 crore by issuing Basel III compliant bonds later this week.

Canara Bank Q3 net down 9% to Rs 696 cr due to higher provisioning

Gross NPAs drop 236 bps to 7.46%, net NPAs down 298 bps to 2.64%

Bank of Baroda clocks Rs 1K-cr profit, warns of stress in retail, SME loans

Despite interest income declining by almost 7 per cent, the lender's NII rose 8.65 per cent to Rs 7,749 crore

Bank of India raises Rs 750 crore through bond issuance

The bank has raised Rs 750 crore by issuing Basel III compliant bonds

Changes to NBFI regulatory framework to enhance sector stability: Fitch

The proposed changes to India's regulatory framework for non-bank financial institutions (NBFIs) unveiled in the RBI discussion paper on January 22 are likely to enhance the sector's stability

Banks in India ready for transition, but the world still loves Libor

Libor era ends this year, and banks across the globe will have to shift to an alternative rate. Two popular choices available only have a few swap deals linked to them

Dhanlaxmi Bank Board approves appointment of Shivan as MD and CEO

Earlier, RBI had asked the lender's board to get shareholders' approval before appointing Shivan as the next MD and CEO

Kotak Mahindra Bank Q3 consolidated net up 11% at Rs 2,602 cr on robust NII

Asset quality improves both YoY and sequentially; bank has also granted one-time recast of borrowers under RBI resolution framework, amounting to 0.28 per cent of its net advances

Yes Bank: ED raids Mumbai builder group in money laundering case

At least 10 premises of a Mumbai-based realty group were raided

Bank of America gives pandemic bonus to 97% of its 170,000 staff

This includes over 24,000 of the bank's staffers in India

Union Bank completes IT integration of all Andhra Bank branches with itself

Union Banks it has completed IT integration of all branches of erstwhile Andhra Bank with itself

Crypto industry has 'wind in its sails', 8 companies eye public offerings

Bitcoin has come off its highs after it crossed $40,000 this month, but is still up about 16% this year.

Yes Bank at 'peak' of asset quality stress; has 'many positives': CEO

Yes Bank has reached the "peak" of asset quality stress after reporting heightened challenges in Dec quarter earnings, even though there can be a jump in the GNPA ratio in March quarter