NARCL agrees to match Rare ARC’s bid for SSA International’s loan

National Asset Reconstruction Company ,NARCLRARE agrees to match ARC’s counter bid to take over rice exporter’s…

Centrum Housing to acquire National Trust housing biz in cash deal

Centrum Housing Financean affordable housing finance subsidiary of center groupIn an advanced stage of discussions to…

RBI gives conditional approval to Carlyle and Advent to acquire 9.99% stake in Yes Bank

reserve Bank of India (reserve Bank of India) has been given conditional approval private equity investors…

RBI introduces four-tier regulatory framework for urban cooperative banks

Mumbai: The reserve Bank of India ,reserve Bank of India) on Thursday announced a four-tier regulatory…

Overseas branches of Indian banks can deal in financial products that are not permitted in the domestic market

Reserve Bank Foreign branches and subsidiaries of Indian banks were on Thursday allowed to deal with…

Potential of 100 million merchants in India, over 500 million payments: Paytm

Paytm said on Thursday that India has 10 crore business entities and a capacity of over…

Delhi HC declines to challenge PMC bank withdrawal freeze

Delhi High Court has dismissed the petition of the depositors. PMC Bank challenging the restrictions imposed…

The share of credit to industry in bank credit has come down to 25 percent

With growth in lending by manufacturing firms, share of credit to industry sector in the bank…

RBI cautions banks against frauds in Direct Benefit Transfer accounts

reserve Bank of India ,reserve Bank of IndiaBanks have been cautioned against increasing cases of Danger!…

TPG Capital, other PEs eye 26% in Bank of Baroda credit card branch

including private equity groups TPG Capital, warburg pincus, Westbridge Capital and domestic funds Gaj Rajdhani In…