Tag: bank
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Bank of India’s Q1 consolidated net profit surges to Rs 846 cr
Bank of India on Monday reported over a five-fold increase in its consolidated net profit for the April-June quarter at Rs 845.78 crore.
During the...
Bank of India board mulls raising funds on August 3
Bank of India on Wednesday said that its Board of Directors will consider raising funds through several options including the further issue of equity...
Yes Bank shares plunge below FPO price
The slump in Yes Bank's shares continued on Tuesday with its stock price falling below the further public offering (FPO) price of Rs 12.
During...
AIBEA to name willful defaulters of Rs 1.4 trillion loans
The All India Bank Employees' Association (AIBEA), a major union in the banking sector, will soon be releasing a list of about 2,400 willful...
Yes Bank sets floor price of Rs 12/share for FPO issue
Yes Bank's Capital Raising Committee (CRC) of the Board of Directors on Friday set a floor price of Rs 12 per share for its...
Union Bank of India cuts MCLR by 20bps across tenors
Union Bank of India on Friday announced reduction in its marginal cost of funds-based lending rate (MCLR) by 20 points across all tenors.
The rate...
PNB Board approves plan to raise Rs 10,000 cr
The Board of Punjab National Bank (PNB) on Thursday approved the proposal to raise up to Rs 10,000 crore through equity and debt.
In a...
SBI reduces MCLR by 5-10 bps in shorter tenors
State Bank of India (SBI) on Wednesday announced reduction in its marginal cost of funds-based lending rates (MCLR) on loans by 5-10 basis points...
US Fed caps bank dividend payments, suspends share repurchases
The US Federal Reserve Board has voted to require large banks to preserve capital by suspending share repurchases and capping dividend payments in the...
Fire guts IT server room of BBK bank in Mumbai
A fire broke out in the IT server room of Bank of Bahrain & Kuwait (BBK) branch located in the Jolly Maker II building...