Suresh Kishinchand Khatanhar takes charge as deputy MD of IDBI Bank
Suresh Kishinchand Khatanhar has exposure in retail banking business, priority sector lending, corporate banking (mid corporate and large corporate), service oriented functions such as trade finance and cross selling of various treasury products.
IRDAI chief cautions insurers against predatory pricing
"I would like to give a word of caution here. Though your (insurance brokers) share i...
Shri Bajrang Power gets Sebi nod for Rs 500 crore IPO
The company, an integrated manufacturer of long steel products in the country, is the f...
Government unlikely to announce capital infusion for PSU banks in Budget
Banks may look for divesting their non-core business as part of fund raising exercise during 2020-21.
Global stress funds lap up Reliance Capital debt on hopes of repayment
Secondary market discount narrows to 70% from 80% in Nov after Reliance Home Fin’s assurance on repaying retail debenture holders
IDBI Capital maintains buy on Astral Poly Technik, target price Rs 1,342
IDBI forecast net sales / Ebitda / PAT to grow at a CAGR of 19% / 20.7% / 31.4% over FY19-21E.
Release funds for interim finance, NCLT tells Jet Airways’ lenders
The National Company Law Tribunal (NCLT) also directed Indian Overseas Bank, which filed applications at the tribunal for exemption from payment as they are under Prompt Corrective Action (PCA) restriction to approach the government authorities concerned in this regard.
Share market update: BSE Midcap index down; RInfra slips 5%
The S&P BSE MidCap index was trading 0.23 per cent down at 14827.63.
How global investors traded Reliance Capital bonds at 70% discount amid revival hope
The discount narrowed to 70% in the latest transactions from 80% in trades in November.
IDBI Capital Markets maintains buy on Astral Poly Technik, target price Rs 1,342
Recent corporate tax rate cut will further boost net profitability of the company, said IDBI Capital.
IDBI Bank likely to be out of PCA framework in fourth quarter
With money coming from resolution on Essar Steel and expected flow from resolution of Bhushan Power and Steel and Alok Industries, sources said the bank is likely to be posting profit during the third quarter and the subsequent quarter. The bank has already come below net NPA threshold of 6% one of the three parameters for triggering PCA framework.
IDBI Bank in talks with Avenue Capital to sell stake in asset aggregator Arcil
Avenue will become the largest stakeholder if the sale gets RBI nod.
Stocks in news: Can Fin Homes, IDBI Bank and NMDC
Here are the top stocks that are likely to be in focus in today's trading.Stocks in news: Can Fin Homes, IDBI Bank and NMDC
IDBI Bank to sell up to 49% stakes in 2 subsidiaries
IDBI Bank said it will retain controlling stake in the subsidiaries with itself.
Stocks in the news: YES Bank, Reliance Infra, IDBI Bank, DHFL and KEC International
KEC International said it has bagged orders worth Rs 1,520 crore across various business verticals.
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