Kotak Mahindra Bank joins Axis, ICICI Bank, HDFC to invest in Yes Bank
After ICICI Bank announcing ₹1,000 crore investment in the crisis-ridden Yes Bank, Axis Bank on Friday announced investment of ₹600 crore at ₹10 per share. “This is to […]
bank
Tech-driven investment behemoth China’s TH Capital set to Bank on India
NEW DELHI: TH Capital, one of the largest tech-focused investment banks in China, is looking to set up operations in India, as the merchant bank, which […]
Business decisions taken by bank officials won’t be questioned: PM
Mumbai: Prime Minister Narendra Modi has assured bank officials that business decisions taken by them will not be questioned. The government will also release guidelines on the scrutiny of […]
Asian Infrastructure Investment Bank withdraws funding to Amaravati project
After the World Bank, Beijing-based Asian Infrastructure Investment Bank (AIIB) has withdrawn funding for the Amaravati capital city project in Andhra Pradesh (AP). A senior state government official […]
Investment funds need closer Bank of England scrutiny, says Carney
Mark Carney made it clear that the Bank needed to expand the scope of its oversight. Photograph: Victoria Jones/PA Investment funds of the sort run by […]
Lloyds Bank brushes off Brexit fears with $5 billion investor payout
Lloyds Banking Group shrugged off mounting concerns over Brexit to unveil a 4 billion pound ($5.2 billion) dividend and share buyback bonanza for investors on […]
This start-up is bringing fast home equity loans to your smartphone bank app
Alex Flynn | Bloomberg | Getty Images Nima Ghamsari, co-founder and chief executive officer of Blend, speaks during the Sooner Than You Think conference in […]