NPAs have stabilised and have come down, not gone up: Ramesh Iyer, M&M Finance
We would definitely see H2 turn out to be much better than what we have seen in the past. The festival season was good and even November was good in retail sales. December seems to be promising. We do not have any major issues as far as growth is concerned -- in terms of volumes as well as AUM going forward.
Capri Group buys into Lakshmi Vilas Bank
A holding of 5 per cent or more in a private bank requires the approval of RBI.
Investment in Lakshmi Vilas Bank done through family wealth office: Rajesh Sharma, Capri Global
The 4.9% stake acquired at various points of ...
Lakshmi Vilas Bank jumps 5% as Capri Group entities buy 4.9% stake
The shares were bought by Capri in a series of transactions over the past 5-6 months.
After Market: TaMo races on higher JLR sales, YES Bank jumps 6%; 45 scrips hit 52-week highs
Among sectors, the Realty Index was the sole loser on NSE as other sectors registered gains amid fag-end buying.
A year in the RBI hotseat: Shaktikanta Das and the art of negotiation
When he succeed Urjit Patel as RBI Governor on Dec 11, critics said he could be remote-controlled by the govt.
Essar Steel: Mittals seek immunity from probes
Worries stem from BPSL case, where ED attached assets of the company after it was taken over by JSW Steel.
Walmart launches credit card for members of wholesale B2B Cash & Carry stores
The card was launched here at Best Price Store by Krish Iyer, President and CEO, Walmart India and Parag Rao, Country Head, Payments Business and Marketing, HDFC Bank.
Essar Steel: Finally bankers expect money next month
On November 15, the apex court paved the way for ArcelorMittal to take over Essar Steel for Rs 42,000 crore, giving primacy to secured creditors in any bankruptcy resolution plan. The apex court over-ruled the appellate tribunal NCLAT which asked the banks to share the proceeds equally with the unsecured creditors as well.
Bosnia arrests 4 people in probe against Lakshmi Mittal's brother
Prosecutors in the central town of Tuzla said Tuesday the suspects with alleged links to Pramod Mittal are suspected of organized crime and abuse of position and authority. They say police have searched several locations looking for evidence. Mittal has been accused of syphoning millions from Bosnia's metallurgical coke producer GIKIL.
US Professor’s tweet slams Indian food as ‘terrible’; Zomato calls for a dislike button
Turns out, calling Indian cuisine ‘terrible’ is indeed a recipe for disaster.
India's 10 richest people: How much they lost and gained in the past one year
Did you know that Mukesh Ambani's networth is equal to 2.1% of India's GDP? And even after losing 10% of his networth, Lakshmi Mittal is still worth $12.4 billion? Read on to see how much India's 10 richest men gained and lost in the past year.
Lakshmi Vilas Bank Q2 net loss widens
The Tamil Nadu based bank had clocked net loss at Rs 132.30 crore during the year ago period.
Ind vs Ban: Rohit's pep-talk got us motivated to win match, says Shreyas Iyer
After registering a 30-run win over Bangladesh in the final T20I of the three-match series, India batsman Shreyas Iyer revealed that skipper...
Central Bank of India reports higher Rs 6,430 cr loss for FY19 on NPA divergence
The net NPA divergence -- the difference between the NPAs reported by the bank and that assessed by the RBI -- was at Rs 2,565 crore for 2018-19.
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