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Articles for Banking & Finance

Karnataka Bank Plans To Raise Rs 1,500 Cr Through Share Sale

The board has granted approval for fundraising through preferential issue, rights issue, QIP, or any other permissible mode, pending regulatory approval, according to the bank's filing with the exchanges

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SBI Raises Rs 10,000 Cr Via Infrastructure Bonds At 7.49% Coupon Rate

The issue attracted response from investors with bids of Rs. 21045.10 crores and was oversubscribed by more than 5 times against the base issue size of Rs. 4,000 crores

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HDFC AMC Permitted To Acquire Up To 9.5% In 5 Banks

HDFC AMC gains approval to acquire up to 9.5 per cent stake in banks: DCB Bank, Equitas Small Finance Bank, The Federal Bank, Karur Vysya Bank, and City Union Bank

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ICICI Lombard MD & CEO Bhargav Dasgupta Resigns

The board acknowledges Dasgupta's resignation in regulatory filing

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Axis Bank's Rs 1612 Cr Investment To Bolster Max Life Insurance's Solvency

This capital injection is expected to provide the necessary resources for Max Life Insurance's growth initiatives

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HDFC Bank To Re-rate In 12-18 Months: Expert

On 21 September, HDFC Bank's stock remained stable at Rs 1,554.50, with a negative return of 1.78 per cent in the past month

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CSB Bank Collaborates With Daimler India For Vehicle Financing Solutions

This collaboration will enable DICV to expand its array of financing choices, granting customers greater flexibility and selection

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RBI Issues New Prudential Regulations For All India Financial Institutions

These directions are set to govern the operations of five prominent All India Financial Institutions

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