Indian airlines may find it harder to take loans as banks have become cautious to lend to the sector after Jet Airways and now Go […]
Tag: banks
PSU banks raising stakes in interest rate derivatives to diversify risk management
Mumbai: The Reserve Bank of India has often exhorted banks to utilise the domestic derivatives infrastructure to mitigate risk from their government bond positions. The […]
Govt panel may ready new list of public sector banks for privatisation
New Delhi: The government may set up a panel to draw up a fresh list of public sector banks that can be privatised, people aware […]
ESMA tones down CCIL stand in draft to RBI
The European Securities and Markets Authority (ESMA) has proposed less-stringent rules on inspecting and penalising Indian financial market institutions such as the Clearing Corporation of […]
HDFC looks to sell Rs 2,000 crore stressed developer loans
Mortgage-lending pioneer Housing Development Finance Corp (HDFC) is making final attempts to offload stressed loans of around ₹2,000 crore extended to developers ahead of its […]
ACRE set to buy out SBI’s loans to road company in West Bengal
Ares SSG Capital-backed asset reconstruction company is set to acquire State Bank of India’s (SBI) road assets in an all-cash deal after eight-month-long negotiations, said […]
Go First’s bank loans to be classified as “bad”, but has strong collaterals
Lenders to Go Airlines (India) Ltd will classify their loans to the company as “non performing” in the current quarter, but are hopeful that the […]
FinMin to take a call on Rs 3,000 crore fund infusion based on performance of PSU general insurers
New Delhi: Finance Ministry will take a call on Rs 3,000 crore capital infusion this fiscal based on financial performance of three loss-making public sector […]
Bank of Baroda launches electronic bank guarantee on its digital platform
State-owned Bank of Baroda on Wednesday announced the launch of electronic bank guarantee (e-BG) on its BarodaINSTA platform, in partnership with National E-Governance Services Limited […]
Canara Bank to spin off its credit card vertical into a separate subsidiary
State-owned Canara Bank is set to spin off its credit card vertical into a separate subsidiary while it has started preparing a roadmap for listing […]