Rural India could bounce back much faster than urban India: Ramesh Iyer
All of us have to get used to creating flexible models and be willing to accept part instalments, says VC & MD, Mahindra Finance.
RBI provides much-needed shot in the arm to corporate debt market
RBI on Friday announced measures to inject Rs 3.74 lakh crore into the bank...
FPI exit creating a cascading effect on market: Lakshmi Iyer
Liquidity in the banking system is fairly comfortable, says Kotak MF’s CIO-debt ...
Stock market update: 188 stocks hit 52-week lows on NSE
However, Bajaj Finance, Eicher Motors, HDFC, JSW Steel and Tata Steel were among the top losers.
Entry opportunity everywhere, not the time for tactical bets: Lakshmi Iyer
Critical not to keep the mind from thinking about market direction, says CIO-debt at Kotak MF.
Swift foreign outflows from India weigh on rate-cut outlook
One reason for RBI’s reluctance may be worries that it could worsen outflows, weaken the rupee.
Walmart India elevates Sameer Aggarwal as CEO
Aggarwal succeeds Krish Iyer who is set to retire on March 31. Iyer, would get into advisory role from full-time management of Walmart India after leading the retail major for eight years. Aggarwal, who was elevated as Deputy CEO earlier in January this year, has now beenÂ promoted to Chief ExecutiveÂ Officer of Best Price, Walmart India, effective from April 1, Walmart said in a statement.
Lakshmi Vilas Bank declines 4% as independent director resigns
Independent director Sanjay Kumar Khemani resigned from the board with immediate effect.
Parthasarathi Mukherjee, former CEO with Lakshmi Vilas Bank, buys 2.8 percent in Uttrayan Financial Services
Uttrayan with a total portfolio of Rs 225 crore looks to expand by raising equity capital from private equity investors, and build with the expertise of Mukherjee who was a managing director at Lakshmi Vilas Bank and played a key role in expanding Axis Bank prior to that.
Lakshmi Vilas Bank bets on gold biz, MSMEs for business revival
Lakshmi Vilas Bank has adopted a strategy to conserve whatever capital it has ahead of the fiscal-year end.
Lakshmi Vilas Bank initiates action against senior executives, prunes staff strength
Nearly 5% of staff at the bank have quit in the past few months after the proposal to merge with IndiaBulls Housing Finance was turned down by the regulator. But despite the exits, the bank is facing about 10-12% rise in wage bill on account of Indian Banks’ Association’s 15% wage hike proposal in bipartite wage talks with bank unions.
Stocks in the news: YES Bank, Adani Ports, Lakshmi Vilas Bank and TCS
The committee of creditors (CoC) of grounded Jet Airways will meet on March 12.
Lakshmi Vilas Bank knocks on RBI door with fund-raising plan
The bank may sell 49-60% stake to overseas investors to raise up to Rs 2,200 crore, says there is a specific deal.
Stocks in the news: J&K Bank, Reliance Ind, YES Bank, ICICI Lombard and BoB
ICICI Lombard has rolled out a COVID-19 protection cover under the group insurance category.
Yes Bank continues to roil other private lenders, IndusInd latest
Lenders are communicating to their customers about their strong capital positions but to no avail.
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