Mindspace Business Parks REIT (Mindspace REIT) has raised Rs 550 crore through an issue of green bonds. In a regulatory filing, Mindpsace REIT stated that […]
Category: Enterprise
Banks from 18 nations open 30 special vostro accounts for trade in rupee
Several banks, including HDFC Bank and UCO Bank, have opened as many as 30 special vostro accounts as of date to facilitate overseas trade in […]
L&T Finance invites bids for ₹880-cr Xrbia loans
L&T Finance is seeking buyers for a distressed real estate portfolio comprising loans given to Pune-based Xrbia Group, said two people aware of the development. […]
Indian banks have a strong case to not bear the brunt of Silicon Valley Bank collapse
The fallout from the collapse of Silicon Valley Bank that has spread fears across countries may not adversely hit Indian lenders banking on their strong […]
Ten more banks set to join syndication for Reliance Industries Ltd’s $3 billion loan
At least 10 more lenders are set to join the third leg of the syndication of $3 billion loans to Reliance Industries Ltd and Reliance […]
Bank of Maharashtra cuts home loan rate to 8.4%
Bank of Maharashtra has reduced home loans rates by 20 basis points to 8.40%, making it one of the lowest in the industry, to attract […]
SVB collapse: Name mix-up sends an Indian bank’s customers into panic mode
The collapse of Silicon Valley Bank (SVB) in California had impacted the customers of Mumbai-based Indian bank. A cooperative bank called Shamrao Vithal Cooperative Bank […]
OpenText Buys Micro Focus
OpenText™ (NASDAQ: OTEX), (TSX: OTEX) announced that it has closed the previously announced acquisition (the “Acquisition”) of Micro Focus International plc (“Micro Focus”), a leading […]
Bank of Baroda slashes home loan interest rates by 40bps to 8.50%
Bank of Baroda (Bank), one of India’s leading public sector banks, today announced the reduction in its home loan interest rates by 40 basis points […]
Axis Bank partners with ITC to offer rural lending products to farmers in remote region
Axis Bank on Thursday announced its partnership with ITC Limited to offer the bank’s lending products and services to farmers who are a part of […]