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2 mins read

NCLT approves delisting of ICICI Securities, dismisses petition by minority shareholders

As per the scheme of arrangement, shareholders of ICICI Securities (ISEC) will get 67 shares of…

PTI   


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ICICI Securities hit 52-week high as board to consider delisting proposal on Jun 29

ICICI Bank plans to delist its subsidiary ICICI Securities from stock exchanges, and its board will…

PTI   


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Two of RPower's subsidiaries settle ₹1,023-crore debt

, Reliance Power on Wednesday said its two subsidiaries have settled debt worth Rs 1,023 crore with…

PTI   


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Betting on banking and healthcare sectors for steady growth, says Chintan Haria of ICICI Prudential

The investment climate has toughened in the last few weeks, with Israel-Hamas conflict adding to to…

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Federal Bank's subsidiary Fedfina re-files IPO papers with SEBI

Fedbank Financial Services Ltd (Fedfina), which is promoted by private sector lender Federal Bank, …

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HDFC board to consider raising funds by NCDs on Mar 27

Mortgage lender HDFC Ltd on Friday said its board would consider raising funds through non-converti…

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Debt, equity holders approve merger of IDFC with IDFC First Bank

The board of the bank presented the result of voting on the proposal for amalgamation before the…

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ICICI Securities Q1 2023-24 PAT dips 1%, revenues surge 18%

The decline in the profit could be attributed to higher expenses, as the broking firm's total e…

PTI   


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3 mins read

Simply Put: Why are foreign banks quitting India?

Meanwhile, companies left behind are trying to put on a brave face by pulling out of retail bu…

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1 min read

KV Kamath appointed independent director of Reliance Industries, Jio Financial Services

The Board of Directors also approved the postal ballot notice in this regard. Kamath will c…

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RBI approves IDFC-IDFC First Bank merger

Reserve Bank of India has given its nod for the reverse merger of IDFC Ltd with its banking subsidi…

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ICICIdirect acquires investor community-based networking platform Multipie

ICICI Bank subsidiary ICICIdirect has acquired Multipie for an undisclosed amount. The transaction …

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3 mins read

SBI and ICICI Bank investors pay the price for the nearly ₹10,000 crore lost to the biggest bank fraud ever in India

The ABG Shipyard fraud case could be the biggest bank fraud case in the history of India, with an e…

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1 min read

Zomato gets RBI approval to operate as 'online payment aggregator'

Online food delivery platform Zomato on Thursday announced that its wholly-owned subsidiary Zomato …

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3 mins read

Indian markets open higher as retail inflation eases — Paytm, ICICI Bank, Dalmia Bharat among stocks to watch out for

Indian benchmark indices Sensex and Nifty50 opened higher on Tuesday, thanks to easing inflation in…

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Fino Payments Bank has its eyes set on becoming a small finance bank

ino Payments Bank is keen to become a small finance bank after having completed five years of opera…

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6 mins read

Srei Group may leave a $4 billion hole in some of India’s biggest lenders

Some of the biggest lenders to the group that is known for funding infrastructure projects inclu…

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1 min read

IIT Kanpur gets 49 offers above ₹1 crore

"In the first eight days, the institute received 47 international offers. This is a big jump of …

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4 mins read

Just like SBI, ICICI Bank has created a cash cushion in case bad loans rise

ICICI Bank has been busy raising capital in the month of June and this will not only help boost its…

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IDFC to merge with its banking arm in all-stock deal

IDFC First Bank has announced the merger of its parent company, IDFC Ltd, in an all-stock transacti…

PTI