The finance ministry through the Specified Undertaking of the Unit Trust of India (SUUTI) will sell up to a 3% stake in...
State-owned State Bank of India (SBI) and Oriental Bank of Commerce (OBC) have put on sale various financial accounts to recover dues...
The subsidised pension scheme for unorganised sector workers — Pradhan Mantri Shram-Yogi Maandhan (PMSYM) — announced in the Budget will not be...
Private equity firm Blackstone has pulled out of the race to buy PNB Housing FinanceNSE -0.60 %, leaving the contest to Varde...
Moneycontrol News Indiabulls Housing Finance on January 31 reported a net profit of Rs 985.51 crore for the October-December quarter, a drop of 13.72...
India’s main opposition Congress Party is promising to introduce a minimum income guarantee for the poor if it wins power in an...
NEW DELHI: The Income Tax Department has confiscated assets worth Rs. 6,900 crore till now as part of its action under the anti-benami transactions law,...
Ravneet Gill, a career banker with Deutsche Bank, will succeed Rana Kapoor as the managing director and chief of YES Bank. Kapoor’s tenure ends on January...
India needs infrastructure to grow, but there’s hardly anyone to fund it. Over the years, banks — the largest financial intermediaries —...
NEW DELHI: The government Wednesday decided to recapitalise state-owned Exim Bank to the tune of Rs 6,000 crore and double its authorised...