Mutual Fund Companies Are Betting On An IPO;
Dalal Street’s IPO boom has attracted not only retail investors but also institutional investors. In Gung-ho’s public affairs in July,
Finance Ministry Expects Six Banks to Raise Funds
Stock costs recuperating, the Finance Ministry will poke no less than six open segment banks to hit markets to raise
Dip in Cash Withdrawal despite No Limits, Few
In spite of no restrictions, money withdrawals haven’t grabbed in the economy, says a report by the State Bank of
Sensex tanks 546 points on global sell-off over
Market benchmark Sensex nosedived by almost 546 points to 28,251.31, while Nifty broke below the 8,700-level in the opening trade
SBI to monetise non-core assets, list few units
SBI today said it is planning to monetise non-core assets and list some of its subsidiaries for meeting capital needs
No more lending rate cuts this fiscal: SBI
After reducing its base rate by 40 basis points last year, State Bank of India has ruled out any tinkering
IDBI Bank gets govt nod to raise Rs
Government has given its go-ahead to IDBI Bank to raise Rs 3,771 crore during the year, by way of Qualified
HDFC Bank cuts base rate to 9.3%, levels
HDFC Bank, the country’s second-largest private sector lender, has reduced its base rate by 5 basis points to 9.3 per
IDBI Bank gets Rs 2,229 crore capital infusion
NEW DELHI: Public sector lender IDBI Bank today said the government has infused Rs 2,229 crore into the bank in
HDFC Bank cuts lending rate by 0.05 per
Following SBI, country’s second largest private sector lender HDFC Bank has reduced base rate or the minimum lending rate by