Delay in restructuring of ITNL accounts: IL&FS to NCLAT

Infrastructure Leasing & Financial Services (IL&FS) has told the Appellate bankruptcy The tribunal noted that the…

HDFC Bank joins peers in raising deposit rates

HDFC Bank LimitedIndia’s top private lender on Wednesday hiked most of its retail fixed deposit rates…

From December 15, SBI will increase lending rates, increase EMI

country’s largest lender state Bank of IndiaThe bank is all set to revise its lending rates…

Poonawalla Housing Finance to be sold to Perseus SG Pte Ltd for Rs 3,900 crore

Poonawalla Fincorp has decided to sell its subsidiary Poonawalla Housing Finance To Perseus SG Pte. Ltd,…

Government extends deadline for submission of IDBI Bank sale bid till January 7

The government has extended the deadline for this IDBI Bank Privatization till 7th January. The government…

HDFC Bank buys 7.75 per cent stake in fintech start-up Mintok for Rs 31.1 crore

One of India’s largest private sector lender HDFC bank acquired a minority stake in Mintok Innovations…

BoB proposes to sell its majority stake in Nainital Bank

state owned Bank of Baroda ,bob) on Tuesday said it plans to sell majority of its…

Nirmala Sitharaman says bad loans worth Rs 10 lakh crore have been written off by banks in the last five financial years

Finance Minister Nirmala Sitharaman Said on Tuesday that the bad debt of Rs 10,09,511 crore has…

IL&FS resolves Rs 56,943 cr debt, brings down entity count to 101

Infrastructure finance firm IL&FS said it has resolved its debt of up to Rs 56,943 crore…

NBFC-MFI group overtakes banks in microfinance lending

NBFC-MFI Group have dominated micro credit distribution Data released by Sa-Dhan shows that they have overtaken…