Net NPAs likely to come down to 6 per cent in Q2, Q3: Union Bank MD

With the net Non Performing Assets (NPAs) coming down, Union Bank of India is looking at good growth from this year, its MD and CEO Rajkiran Rai G sa

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Ujjivan Bank files draft red herring prospectus with SEBI

The shares being offered are at a face value of Rs 10 each, the USFB said

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RBI makes it easier to deposit gold under scheme

In a move to revive the flagging Gold Monetisation Scheme 2015, the Reserve Bank of India (RBI) has made it easier for depositors to hand over their holdings of the precious metal.

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ED attaches Rs 570 crore assets of IL&FS directors

The Enforcement Directorate (ED) on Friday filed its first chargesheet in the Infrastructure Leasing and Financial Services (IL&FS) Ltd money laundering case and attached assets worth over Rs 570 crore, including bank accounts and immovable properties (residential and commercial premises) situated in Delhi, Mumbai, Chennai and Brussels (Belgium) held by the members of committee of directors of IL&FS Financial Services Ltd (IFIN).

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PSU banks told to discuss roadmap for industry

Lenders have to initiate month-long consultation process on issues like credit growth, corp governance.

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‘PSBs must set up independent entity to screen and monitor loan seekers ’

Led by tech, the PSB Network will be able to exploit market-positioning and provide credit to a growing market: Chief Economic Adviser

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Hitachi Payment Services to expand white-label ATM network this fiscal

SurabhiCash-recycler machines are gaining popularity with the cost to run ATMs going up. Hitachi Payment Services is planning to double its white-lab

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Repco Home posts profit of ₹62 cr

Repco Home Finance has reported a marginal increase in net profit at ₹62.3 crore for the quarter ended June 30, 2019, compared to ₹60.9 crore in the

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Bank-loan fraud: ACB registers case against J&K Bank, Rawther Spices

The Anti-Corruption Bureau has registered a case against the J&K Bank management and Anish Mohd Rawther, the director of Rawther Spices Private Li

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Finance ministry asks PSBs to seek ideas from branches for achieving $5 trillion economy

The finance ministry has asked public sector banks to initiate a month-long consultation process with officers starting from branch level to seek suggestions for achieving a $5-trillion economy in five years. The suggestions emanating will be used as inputs to prepare a road map for the future growth of the banking sector.

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PSBs on a massive review, beginning with branches and upwards

"The review will be based on 16 parameters, including efficiency and potential," said a senior banker.

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Digital payment apps face an uphill battle to turn India cashless

Apps still need to capture the rural market

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Expedite life cover claims in flood-hit states: IRDAI

The Insurance Regulatory Development Authority of India (IRDAI) has asked insurers to relax procedures wherever possible to expedite life insurance c

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India’s payment apps battle to catch China in squeezing out cash

That means Indians will continue to face a bewildering array of payments apps.

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Yes Bank QIP: 5 investors account for 65.5 per cent of total ₹ 1,930 cr raised

 Five investors -- Societe Generale, Key Square Master Fund LP, BNP Paribas Arbitrage, HDFC Trustee Co Ltd and Key Square Master Fund II LP -- togethe

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Q1 FY20 Results: Strong treasure gains help PSU banks post profit

Punjab National Bank (PNB) posted a net profit of Rs 1,019 crore in Q1FY20 against a loss of Rs 940 crore in the same quarter a year ago.

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Indian Bank rolls out the repo-linked vehicle and home loans

Indian Bank on Thursday launched two new products, repo-linked home loan and vehicle loans, which will ensure instantaneous transmission of policy rate changes by the RBI to borrowers.

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Q1 FY20 Results: Strong treasure gains help PSU banks post profit

Punjab National Bank (PNB) posted a net profit of Rs 1,019 crore in Q1FY20 against a loss of Rs 940 crore in the same quarter a year ago.

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Indian Bank rolls out the repo-linked vehicle and home loans

Indian Bank on Thursday launched two new products, repo-linked home loan and vehicle loans, which will ensure instantaneous transmission of policy rate changes by the RBI to borrowers.

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Indian Bank rolls out the repo-linked vehicle and home loans

Indian Bank on Thursday launched two new products, repo-linked home loan and vehicle loans, which will ensure instantaneous transmission of policy rate changes by the RBI to borrowers.

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Q1 FY20 Results: Strong treasure gains help PSU banks post profit

Punjab National Bank (PNB) posted a net profit of Rs 1,019 crore in Q1FY20 against a loss of Rs 940 crore in the same quarter a year ago.

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Indian Bank rolls out the repo-linked vehicle and home loans

Indian Bank on Thursday launched two new products, repo-linked home loan and vehicle loans, which will ensure instantaneous transmission of policy rate changes by the RBI to borrowers.

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Q1 FY20 Results: Strong treasure gains help PSU banks post profit

Punjab National Bank (PNB) posted a net profit of Rs 1,019 crore in Q1FY20 against a loss of Rs 940 crore in the same quarter a year ago.

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Indian Bank rolls out the repo-linked vehicle and home loans

Indian Bank on Thursday launched two new products, repo-linked home loan and vehicle loans, which will ensure instantaneous transmission of policy rate changes by the RBI to borrowers.

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Q1 FY20 Results: Strong treasure gains help PSU banks post profit

Punjab National Bank (PNB) posted a net profit of Rs 1,019 crore in Q1FY20 against a loss of Rs 940 crore in the same quarter a year ago.

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Indian Bank rolls out the repo-linked vehicle and home loans

Indian Bank on Thursday launched two new products, repo-linked home loan and vehicle loans, which will ensure instantaneous transmission of policy rate changes by the RBI to borrowers.

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2Z83JOH

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Q1 FY20 Results: Strong treasure gains help PSU banks post profit

Punjab National Bank (PNB) posted a net profit of Rs 1,019 crore in Q1FY20 against a loss of Rs 940 crore in the same quarter a year ago.

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Indian Bank rolls out the repo-linked vehicle and home loans

Indian Bank on Thursday launched two new products, repo-linked home loan and vehicle loans, which will ensure instantaneous transmission of policy rate changes by the RBI to borrowers.

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Q1 FY20 Results: Strong treasure gains help PSU banks post profit

Punjab National Bank (PNB) posted a net profit of Rs 1,019 crore in Q1FY20 against a loss of Rs 940 crore in the same quarter a year ago.

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2KCRCFf

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Indian Bank rolls out the repo-linked vehicle and home loans

Indian Bank on Thursday launched two new products, repo-linked home loan and vehicle loans, which will ensure instantaneous transmission of policy rate changes by the RBI to borrowers.

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Delay becomes the norm in insolvency & bankruptcy cases

As much as 34% of the 1,292 cases in the bankruptcy courts up to June 2019 are delayed beyond 270 days.

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Key committees in IL&FS did not meet for years: RBI

The RBI report said some of the key committees in the crisis-ridden IL&FS did not convene any meetings at all in the last few years.

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Union Bank of India to list non performers, review them next three quarters

The bank said the exercise was not to penalise non-performers, but to guide them to realize their potential

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Banks launch steps to boost KCC loans

The scheme will enable farmers buy seeds and fertilisers, and draw cash for their agri needs

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Reliance Capital posts four-fold jump in Q1 profit

Anil Ambani-led Reliance Capital reported an over four-fold jump in its consolidated net profit at Rs 1,218 core for the first quarter of the ongoin

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CBI wants banks’ nod to probe execs in fraud cases

The Central Bureau of Investigation (CBI) has asked banks filing complaints against borrowers to also authorise the agency to investigate current and former employees. This follows complaints by banks to the finance ministry that they are being harassed by enforcement authorities.

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IDBI reports 11th quarterly loss in a row

IDBI Bank reported its 11th consecutive quarterly loss of Rs 3,800 crore for April-June 2019 as compared to Rs 2,409 crore in the corresponding period of the previous year. The bank was acquired by LIC in January this year after it hiked stake to 51% and infused Rs 21,624 crore.

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Corporation Bank cuts MCLR by 15 bps

Corporation Bank has reduced its marginal cost of funds-based lending rate (MCLR) by 15 basis points on two tenors with effect from August 15.A press

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Axis Bank ex-chief Dharmesh Mehta and investors buy IDFC Securities

Former Axis Bank chief Dharmesh Mehta along with clutch of investors have acquired 100 per cent stake in IDFC Securities Ltd.“IDFC and IDFC Financial

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Grant Thornton alleges lapses in IL&FS’s transactions with client

In an interim report, Grant Thornton said it identified 65 instances where intraday benefits totalling Rs 2,417.87 crore were extended to AFSPL, thereby increasing the risk for ISSL.

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Loans against shares now a pricier affair

Interest rates surge by up to 300 basis points on fear of default and crash in share prices.

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Fitch report: Steps to boost credit flow to NBFCs could raise banks’ risks

Non-banking financial services under significant funding pressure as investors shy away

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Central Bank cuts MCLR by 20 bps

Central Bank of India has decided to reduce its marginal cost of funds-based lending rate by 20 basis points across all five tenors with effect from A

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RBI asks banks not to count failed transactions, balance enquiry as 'free ATM transactions'

Banks provide certain number of free transactions at ATMs to their customers and beyond that impose charges.

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Jalan panel finalises report; suggests transfer of RBI's surplus in tranches over 3-5 yrs

As per various estimates, the RBI has over Rs 9 lakh crore of surplus capital with it.

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More forced lending to NBFCs can land banks in trouble, says Fitch report

The parallel banking sector has been under significant funding pressure as investors shy away following the default of IL&FS last September and the resultant troubles at Dewan Housing early this year.

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LIC beats private insurance firms; grows new premium at double the pace of competition

State-run LIC’s new premium growth at 52%, on top of an already very high base, was almost double of all the private players’ growth of 27% during April-July 2019

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More forced lending to NBFCs can land banks in trouble, says Fitch report

The parallel banking sector has been under significant funding pressure as investors shy away following the default of IL&FS last September and the resultant troubles at Dewan Housing early this year.

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LIC beats private insurance firms; grows new premium at double the pace of competition

State-run LIC’s new premium growth at 52%, on top of an already very high base, was almost double of all the private players’ growth of 27% during April-July 2019

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HDFC Bank’s CSR spend rises 20% to ₹444 crore in FY19

HDFC Bank on Wednesday said its expenditure on corporate social responsibility (CSR) in FY2019 was at ₹443. 8 crore, 20 per cent more than the previou

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Other dangers that lurk in the DHFL crisis

Possible hiccups in collection of loans sold under securitization and borrowers impacted by the lending freeze, are less talked about issues

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Edelweiss Financial Services Q1 consolidated net profit declines 49%

Edelweiss Financial Services Ltd reported a 49 per cent decline in first quarter consolidated net profit at Rs 134 crore against Rs 263 crore in the

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200 families in Noida society served eviction order

More than 200 families living in a Noida housing society since 2015 got the shock of their lives last week when each of them received notices from a bank asking them to vacate their houses by August 20.

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Manappuram Finance posts 35% growth in Q1 consolidated net profit

The consolidated net profit of Manappuram Finance Ltd for Q1 jumped to Rs 268.91 crore, an increase of 35.27 per cent over Rs 198.79 crore recorded in

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Risks in India's banking sector may rise, says Fitch Ratings

Risks in India's banking sector may rise as a result of the central bank's recent steps encouraging banks to lend more to Non-Bank Financial Institut

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Fintechs get RBI nod to test digital solutions

The Reserve Bank of India (RBI) has provided fintechs, startups and lenders access to banking systems within a regulatory sandbox. The regulatory sandbox is a concept whereby digital firms can have access to the banking ecosystem and come out with a proof of concept for an innovation.

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PSL benefits for bank loans to NBFCs for on-lending only till March 2020

The RBI also said that bank credit to NBFCs for on-lending will be allowed up to a limit of 5% of any individual bank’s total PSL on an ongoing basis.

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Retail delinquencies of non-banks on the rise in April-June quarter

Retail loans have for long been perceived to be safe, but recent data sets released by companies and the Reserve Bank of India show that retail delinquencies of non-banks are on the rise. Consumption-financing behemoth Bajaj Finance too has admitted that credit quality in categories such as two and three-wheeler financing and digital products has […]

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Guarantee for NBFC assets: Rules framed with tough riders

The guarantee provided by the government on the assets will be valid for 24 months from the date of purchase and can be invoked on the occurrence of default.

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/31zJU4h

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PSL benefits for bank loans to NBFCs for on-lending only till March 2020

The RBI also said that bank credit to NBFCs for on-lending will be allowed up to a limit of 5% of any individual bank’s total PSL on an ongoing basis.

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Retail delinquencies of non-banks on the rise in April-June quarter

Retail loans have for long been perceived to be safe, but recent data sets released by companies and the Reserve Bank of India show that retail delinquencies of non-banks are on the rise. Consumption-financing behemoth Bajaj Finance too has admitted that credit quality in categories such as two and three-wheeler financing and digital products has […]

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Guarantee for NBFC assets: Rules framed with tough riders

The guarantee provided by the government on the assets will be valid for 24 months from the date of purchase and can be invoked on the occurrence of default.

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/31zJU4h

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PSL benefits for bank loans to NBFCs for on-lending only till March 2020

The RBI also said that bank credit to NBFCs for on-lending will be allowed up to a limit of 5% of any individual bank’s total PSL on an ongoing basis.

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2KACNTP

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Retail delinquencies of non-banks on the rise in April-June quarter

Retail loans have for long been perceived to be safe, but recent data sets released by companies and the Reserve Bank of India show that retail delinquencies of non-banks are on the rise. Consumption-financing behemoth Bajaj Finance too has admitted that credit quality in categories such as two and three-wheeler financing and digital products has […]

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Guarantee for NBFC assets: Rules framed with tough riders

The guarantee provided by the government on the assets will be valid for 24 months from the date of purchase and can be invoked on the occurrence of default.

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/31zJU4h

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Banks report fall in NPA levels; seek steps to address stress in NBFCs: Survey

A total of 23 banks, including public sector, private sector, foreign and small finance banks, representing over 67 per cent of the banking industry, participated in the survey.

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RBI ups cap on bank credit to NBFCs

In a bid to boost credit to the needy segment of borrowers, the RBI on Tuesday said bank credit to non-banking financial companies (NBFCs) for on-le

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Banks report fall in NPA levels; seek steps to address stress in NBFCs: Survey

A total of 23 banks, including public sector, private sector, foreign and small finance banks, representing over 67 per cent of the banking industry, participated in the survey.

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2KGxfG1

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Banks report fall in NPA levels; seek steps to address stress in NBFCs: Survey

A total of 23 banks, including public sector, private sector, foreign and small finance banks, representing over 67 per cent of the banking industry, participated in the survey.

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Need to make CBI more independent: CJI Ranjan Gogoi

The Central Bureau of Investigation (CBI) needs to be more independent when investigating high profile cases of graft, as the current administrative s

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Banks report fall in NPA levels; seek steps to address stress in NBFCs: Survey

A total of 23 banks, including public sector, private sector, foreign and small finance banks, representing over 67 per cent of the banking industry, participated in the survey.

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RBI prescribes ‘fit and proper’ criteria to live-test financial products, services

To foster responsible innovation in financial services, the Reserve Bank of India has prescribed ‘fit and proper’ criteria for selection of participan

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Banks report fall in NPA levels; seek steps to address stress in NBFCs: Survey

A total of 23 banks, including public sector, private sector, foreign and small finance banks, representing over 67 per cent of the banking industry, participated in the survey.

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2KGxfG1

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Banks report fall in NPA levels; seek steps to address stress in NBFCs: Survey

A total of 23 banks, including public sector, private sector, foreign and small finance banks, representing over 67 per cent of the banking industry, participated in the survey.

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2KGxfG1

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Banks report fall in NPA levels; seek steps to address stress in NBFCs: Survey

A total of 23 banks, including public sector, private sector, foreign and small finance banks, representing over 67 per cent of the banking industry, participated in the survey.

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2KGxfG1

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Northern Arc and Spain’s GAWA Cap raise ₹106 cr through pooled bond issuance for NBFCs

Our BureauNorthern Arc Capital, a leading debt platform for non-banking finance companies, has structured and co-invested in a ₹106-crore pooled bond

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Banks report fall in NPA levels; seek steps to address stress in NBFCs: Survey

A total of 23 banks, including public sector, private sector, foreign and small finance banks, representing over 67 per cent of the banking industry, participated in the survey.

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2KGxfG1

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Banks report fall in NPA levels; seek steps to address stress in NBFCs: Survey

A total of 23 banks, including public sector, private sector, foreign and small finance banks, representing over 67 per cent of the banking industry, participated in the survey.

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2KGxfG1

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Retail inflation marginally dips to 3.15% in July

Retail or consumer price index (CPI) inflation fell to 3.15 per cent in July from 3.18 per cent in June, data released by government on Tuesday showed. The number is well below the Reserve Bank of India's (RBI's) target of 4 per cent.

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Aditya Birla Health Insurance and Axis Bank ink bancassurance pact

Aditya Birla Health Insurance (ABHI), a stand-alone health insurer, has entered into a bancassurance partnership with Axis Bank, the country’s third l

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Northern Arc Capital and Spain's GAWA Capital raise Rs 106 cr through pooled bond issuance for NBFCs

Northern Arc Capital, a leading debt platform for non-banking finance companies, has structured and co-invested in a Rs 106-crore pooled bond issue w

from Business Line - Money & Banking https://ift.tt/2KLAvjz

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Rupee hits six-month low of 71.25, What next?

BL Research BureauThe Indian rupee hit a six month-low today, amid rising geopolitical tensions across the globe. Crash in Argentine Peso and eventual

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‘Govt must set clear objectives, mandates for PSBs’

Lenders must fully comply with disclosure and transparency norms and their boards need to function independently, says Uday Kotak

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‘Explore PPP model in PSBs’

The government could explore the public-private partnership (PPP) arrangement for public sector banks, by inducting a private sector bank as a strate

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India never sold foreign debt. Its first attempt is failing

Opponents to the issue say it may increase reliance on foreign borrowing

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Deposit rates to fall more, as banks link them to repo rate. What should you do to minimise your pain?

You can still earn decent returns by following these 5 mantras

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‘GST is no longer a dampener for the housing sector’

Sundaram BNP Paribas Home Finance (Sundaram Home) plans to consolidate its presence in the southern market, even as it enters new market segments thi

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Aditya Puri remains top-paid bank CEO

Receives monthly basic salary of Rs 89 lakh in FY19; Axis’ Amitabh Chaudhry at No. 2 spot.

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Aadhaar-enabled payments boom: Over 22 crore transactions done so far; 6.6 crore in July alone

Top five services provided by AePS model are cash withdrawal, cash deposit, Aadhaar to Aadhaar funds transfer, balance enquiry, gateway authentication service.

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Syndicate Bank expects Rs 4,000 crore from NPA recovery in FY20

The bank has recovered about Rs 800 crore in the first quarter and the target for the current fiscal is Rs 4,000 crore, he said.

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Transactions on Aadhaar-enabled payments system cross 20 crore in July: NPCI

The National Payments Corporation of India (NPCI), on Monday, said the transactions of Aadhaar-Enabled Payment System (AePS) for July have crossed 20

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Aadhaar-enabled payments boom: Over 22 crore transactions done so far; 6.6 crore in July alone

Top five services provided by AePS model are cash withdrawal, cash deposit, Aadhaar to Aadhaar funds transfer, balance enquiry, gateway authentication service.

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2Touk8X

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Syndicate Bank expects Rs 4,000 crore from NPA recovery in FY20

The bank has recovered about Rs 800 crore in the first quarter and the target for the current fiscal is Rs 4,000 crore, he said.

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2MVXMlf

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Q1 results: Muthoot Finance net profit up 9 per cent

Muthoot Finance on Monday reported a rise of 9 per cent in consolidated net profit at Rs 563 crore for the quarter ended June 30, 2019. The company’s

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Catholic Syrian Bank files draft papers for IPO with SEBI

Shares of the bank will be listed on BSE and NSE

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Syndicate Bank expects ₹4,000-cr from NPA recovery in FY20

State-owned Syndicate Bank expects to mobilise ₹4,000 crore from recovery of bad loans during the current fiscal. The recovery is likely from the cas

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Kotak special situations fund gets $1-b investment commitment

Kotak Investment Advisors on Monday said it has achieved the final closure for the Kotak special situations fund, having received an aggregate commit

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Aadhaar-enabled transactions cross 200-million milestone on NPCI platform during July

A total of 6.65 crore Indian citizens availed banking services through AePS platform in July, NPCI said.

from Banking/Finance-Industry-Economic Times https://ift.tt/33uWWSD

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Vishing: What is it and how to prevent it?

Ever received a phone call or SMS seeking confidential information? It might be a way to part with your money

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Depositors are next as Nordic banks buckle under negative rates

Nordea’s main investor says retail depositors can’t be spared

from Business Line - Money & Banking https://ift.tt/2ZTEb9h

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Giving a choice: Bank of Baroda launches loans linked to repo rate

BoB customers opting for the home loan product would have a choice between MCLR-linked rate — indexed to the bank’s cost of funds — or a rate linked to RBI’s repo rate.

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2YIkSTB

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Danger signs from an esoteric corner of finance

A scarcity of greenbacks in the swaps market is worsening. This has been a predictor of past trouble, including the 2008 crisis.

from Business Line - Money & Banking https://ift.tt/2GXTQg8

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Giving a choice: Bank of Baroda launches loans linked to repo rate

BoB customers opting for the home loan product would have a choice between MCLR-linked rate — indexed to the bank’s cost of funds — or a rate linked to RBI’s repo rate.

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2YIkSTB

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Giving a choice: Bank of Baroda launches loans linked to repo rate

BoB customers opting for the home loan product would have a choice between MCLR-linked rate — indexed to the bank’s cost of funds — or a rate linked to RBI’s repo rate.

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2YIkSTB

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Giving a choice: Bank of Baroda launches loans linked to repo rate

BoB customers opting for the home loan product would have a choice between MCLR-linked rate — indexed to the bank’s cost of funds — or a rate linked to RBI’s repo rate.

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2YIkSTB

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HDFC Bank mulls doubling credit card user base to 25 million this fiscal

The private-sector lender currently has a credit card base of 12.5 million and 9,00,000 unique merchants with 1.5 million acceptance points.

from Banking/Finance-Industry-Economic Times https://ift.tt/2KKqaEr

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Insurance firms to expedite flood claim settlements; widespread damage may impact their bottomline

With floods ravaging a large part of the country, including Bihar, Assam, Maharashtra, Karnataka and Kerala, insurance companies are getting ready to

from Business Line - Money & Banking https://ift.tt/2YVbc3n

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Giving a choice: Bank of Baroda launches loans linked to repo rate

BoB customers opting for the home loan product would have a choice between MCLR-linked rate — indexed to the bank’s cost of funds — or a rate linked to RBI’s repo rate.

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2YIkSTB

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FinMin plans 16-point ‘KRA’ to push PSBs

Performance indicators will assess how govt lenders can match private sector peers

from Business Line - Money & Banking https://ift.tt/2YJ7w9N

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Giving a choice: Bank of Baroda launches loans linked to repo rate

BoB customers opting for the home loan product would have a choice between MCLR-linked rate — indexed to the bank’s cost of funds — or a rate linked to RBI’s repo rate.

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2YIkSTB

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Giving a choice: Bank of Baroda launches loans linked to repo rate

BoB customers opting for the home loan product would have a choice between MCLR-linked rate — indexed to the bank’s cost of funds — or a rate linked to RBI’s repo rate.

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2YIkSTB

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IL&FS seeks NCLT nod for selling out wind assets to ORIX Corporation of Japan

Embattled group has already got NCLAT’s approval to complete sale of 51% stake held by IL&FS Wind Energy in 7 assets for ₹4,800 cr

from Business Line - Money & Banking https://ift.tt/2MU9qxd

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YES Bank names Anurag Adlakha as Group CFO

YES Bank has appointed Anurag Adlakha as Chief Financial Officer and designated him the Group CFO. “The appointment of Anurag is in compliance with th

from Business Line - Money & Banking https://ift.tt/2Tm9siD

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Delay in resolution plan: DHFL seeks a Rs 15,000-crore lifeline

DHFL owes close to Rs 90,000 crore to banks, the NHB and other creditors

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DHFL seeks a Rs 15,000-crore lifeline as resolution plan gets delayed

Last week, the nearly crippled company had submitted a draft resolution plan to lenders which are yet to be approved by them.

from Banking/Finance-Industry-Economic Times https://ift.tt/2H2fNuq

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Good riddance to 80:20 schemes

The NHB directive to HFCs to scrap loan subventions by developers is a good move

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After a turbulent year, is the worst over for banks?

While earnings appear to have improved in the June quarter, stress persists in the books

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Anurag Adlakha appointed Yes Bank chief financial officer

Adlakha will take over from Raj Ahuja, who will now take over as group chief strategy officer, responsible for leading the strategy, planning and projects function of the bank.

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2TmCwXl

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Anurag Adlakha appointed Yes Bank chief financial officer

Adlakha will take over from Raj Ahuja, who will now take over as group chief strategy officer, responsible for leading the strategy, planning and projects function of the bank.

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2TmCwXl

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Anurag Adlakha appointed Yes Bank chief financial officer

Adlakha will take over from Raj Ahuja, who will now take over as group chief strategy officer, responsible for leading the strategy, planning and projects function of the bank.

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2TmCwXl

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Anurag Adlakha appointed Yes Bank chief financial officer

Adlakha will take over from Raj Ahuja, who will now take over as group chief strategy officer, responsible for leading the strategy, planning and projects function of the bank.

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2TmCwXl

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Anurag Adlakha appointed Yes Bank chief financial officer

Adlakha will take over from Raj Ahuja, who will now take over as group chief strategy officer, responsible for leading the strategy, planning and projects function of the bank.

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2TmCwXl

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Anurag Adlakha appointed Yes Bank chief financial officer

Adlakha will take over from Raj Ahuja, who will now take over as group chief strategy officer, responsible for leading the strategy, planning and projects function of the bank.

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2TmCwXl

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