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Sunday, July 5, 2020

Yes Bank puts up for sale properties of Avantha Group, RHC Holdings for recovery of over Rs 1,000 crore

The loan amount is due since October 31, 2019, along with further interest and cost due to the secured creditor (Yes Bank) from the borrower and mortgager, Yes Bank said.

from Banking & Finance – The Financial Express https://ift.tt/3f1dx5V
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ICICI Bank board to consider proposal to raise capital on Wednesday

While announcing its earnings for the fourth quarter and fiscal ended March 2020, ICICI Bank had said it will look at further strengthening the balance sheet as opportunities arise.

from Banking & Finance – The Financial Express https://ift.tt/2C9djuE
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Magma HDI General Insurance expects health segment to drive growth

Magma HDI General Insurance Company Ltd is expecting the share of health insurance to its total business to almost double by the end of this fiscal. H

from Business Line - Money & Banking https://ift.tt/2C99Vjq
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ICICI Bank board to meet on July 8 to discuss fund raising through equities

Amidst continuing economic uncertainty, the board of directors of ICICI Bank will be meeting on July 8 to discuss fund raising proposals.“A meeting of

from Business Line - Money & Banking https://ift.tt/31KVOvF
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DHFL defaults on repayment of NCDs worth ₹50 crore

Distressed Dewan Housing Finance Corporation Ltd (DHFL) has defaulted on payment for a principal amount of ₹50 crore of secured non-convertible debent

from Business Line - Money & Banking https://ift.tt/38s4Les
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