Bidding process started on Tuesday, received at least five offers including that of Axis Capital CEO Dharmesh Mehta
Experts say The bank's outlook and governance record has been marred after the resignation of three board members over the last two weeks
Rentala Chandrashekar also confirmed that the management, including Rana Kapoor, had wanted him to stay with the bank
All the 7 Board members are fully committed to discharging their duties on the Board
RBI cuts short Kapoor's term till January 31, 2019
The first domestic blockchain project began a few months ago, aimed at preventing frauds
PM Modi wants to keep India's economy firing as he campaigns for re-election next year. RBI Governor Urjit Patel has other priorities
RBI move to ease norms may reduce govt's capital infusion burden by Rs 350 billion
Kapoor and Kapur have an acrimonious past and have also battled in the Bombay High Court
Former independent director says he was dismayed by recent developments and the way they were handled
LIC said it had in the past made several attempts to have a bank of its own, but its endeavours had failed
Over Rs 1.12 trillion in capital has been infused into PSBs since April 2017
Incorporated in April 2001, CCIL had consolidated revenue of Rs 6.7 billion in 2017-18
A decision in this regard too was taken at the Board meeting held in Mumbai yesterday
According to Moody's, the track record of such dispensations on asset classification, when seen over the last few years in India, has been unsuccessful in addressing the underlying stress
In a nine-hour meeting at the RBI headquarters, the central bank's board decided to constitute an expert committee to examine the economic capital framework (ECF) of the central bank
Amid growing tension between the government and the central bank, the RBI board met Monday and discussed issues to boost funding to MSMEs and ease capital pressure on banks
Banking system liquidity is in deficit in this holiday-shortened week and will get a hand from the RBI's open market operations, according to DBS
The Reserve Bank of India will form a panel to consider the funds transfer to the government
SVL, a subsidiary of SBI Capital Markets, targets closure in the second half of the next financial year (2019-20) through the funds.