Lakshmi Vilas Bank jumps 5% as Capri Group entities buy 4.9% stake
The shares were bought by Capri in a series of transactions over the past 5-6 months.
BNY Mellon to expand work done out of India
A few of its technology initiatives are already led out of India, especially around digital transformation; bank planning local CoE too. Accounting is one such area where Panicker expects its Indian operations to start doing more end-to-end work. The company relies on a mix of campus and lateral hires, focusing on training existing employees on new skills.
RBI's customer protection rules will benefit depositors
The complainants used two ATMs in this locality and were duped include customers of HDFC Bank and United Bank of India.
Register for panel discussion on ‘GST 2.0: The changes and challenges for taxpayers’
A series of on-ground and web-based events, ETRISE Dialogue aims to bring together various stakeholders of India Inc. who will deliberate on the state of business, technology, entrepreneurship, disruption and policy.
Former SAP India MD joins Deutsche Bank
Khandelwal, who spent 18 years at the German software firm before joining Deutsche Bank, built the SAP labs in Bengaluru, which became the second largest unit of SAP. He set up SAP Startup Studio, the software maker’s accelerator programme to incubate startups.
Stocks in the news: CSB Bank, Gati, LVB, HDFC AMC, Sequent Scientific and Sical Logistics
Entities belonging to Capri Group have bought 4.9% in Lakshmi Vilas Bank.
Reducing stake in UTI AMC a strategic move: Dinesh Kumar Khara, SBI
SBI bringing down its stake in UTI AMC to below 10%
Analysts see RBI pausing rates for long as inflation worries return
While the RBI has asserted that the stance of the monetary policy will stay accommodative, market analysts believe that rate cuts won't happen frequently.
After Market: YES Bank plunges; broader market bleeds; 26 stocks turn 'oversold'
Nifty Media, Nifty Metal and NIfty PSU Bank indices each ended over 2 per cent down on NSE.
Tata Power-ICICI Bank JV acquires Manoj Gaur's Prayagraj power project
Renascent Power Ventures Pvt Ltd, the wholly-owned subsidiary of Resurgent Power Ventures Pte, has acquired 75 per cent stake in Prayagraj Power Generation Co Ltd (PPGCL) which owns and operates 1,980 MW coal-based electricity generation unit, Tata Power said in a regulatory filing.
Panel to assess value of assets mortgaged by PMC borrowers
The bank is currently undergoing a forensic audit the report for which will be finalised by the end of this month. But simultaneously, other assets and mortgages are also being identified by investigation agencies and the banking regulator to get back the bank’s dues.
Karvy khushi, Karvy gham: Sebi serves stern warning to stockbrokers at large
Karvy is one of the largest brokerage firms and mutual fund registrar.
'Shocking' pause? No, RBI is just awaiting signals from FM’s Budget
Shaktikanta Das said RBI is seeing some green shoots of growth revival in the economy.
Hear Bajaj Finance plea: SAT to Sebi
Bajaj Finance’s petition before SAT on Monday had called on Sebi to hear its concerns.
Buy Kotak Mahindra Bank, target Rs 1,750: Arun Kumar
Buy Kotak Mahindra Bank Ltd. at a price target of Rs 1750.0 and a stoploss at Rs 1598 from entry point.
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