Darvesh group defaults on close to AED1.5 bn loans with scores of banks?
March 13, 2020
KOCHI: Federal Bank has become the latest bank to make an equity commitment to the embattled Yes Bank as the Kerala’s largest bank has issued stateme...
Promoters left the country about a year ago DUBAI: Yet another Indians-managed big business group has failed in the UAE adding pain to its banking sys...
MUMBAI: Even as rupee has been constantly falling and fears of liquidity tightening mounting in the forex market, Reserve Bank of India (RBI) has come...
SIB available at one-fourth its net-worth KOCHI: The Thrissur-headquartered CSB Bank that listed its shares on December 4 on NSE and BSE with much fan...
SBI keen to acquire 49 pc stake in reconstructed bank MUMBAI: In a move that demonstrates its resolve to save the capital-starved Yes Bank and its de...
Supersedes board; former SBI CFO Prashant Kumar appointed administrator MUMBAI: The problems that started brewing at Yes Bank about two years ago hav...
CSB Bank could be largest 'gold loan player' in state now KOCHI: Gone are the days when the country’s leading gold loan companies such as Muthoot Fina...
Deal is valued at Rs152.5cr MUMBAI: Reliance Retail Ventures Ltd (RRVL), a subsidiary of Reliance Industries Ltd (RIL), has acquired the Tamil Nadu-ba...
Board to raise Rs62.26 cr during the next 3 months THIRUVANANTHAPURAM: Electricity consumers in Kerala are in for a minor shock when they receive thei...
MUMBAI: It was from October 1, 2019, all new floating rate loans under personal, retail (housing, auto etc) and micro & small enterprises were lin...
KOCHI: A misleading online advertisement taken out by Muthoottu Mini Financiers Ltd seeking subscription for Rs100 crore non-convertible debentures (N...
Issues 10.8 cr CCPS ; announces Rs3 dividend MUMBAI: Apollo Tyres’s board on Wednesday approved increasing the authorized share capital of the compan...
THIRUVANANTHAPURAM: The much-awaited commissioning of Adani Vizhinjam Port Pvt Ltd (AVPPL) is likely to take another close to three years more, accord...
KOCHI: The commissioning of the Propylene Derivatives Petrochemical Project (PDPP) being developed at the BPCL’s Kochi Refinery Ltd (KRL) has started ...
Issue oversubscribed 2.9 times attracting $1.6bn KOCHI: Muthoot Finance Ltd, the largest gold loan company in India, has successfully priced a $550 mi...