You Searched For "psu bank merger latest news" and got 20 results
Sort By:
5 mins read
Go First Impact: Market capitalisation of 3 PSU Banks down by ₹7,500 crore as investors fret over their exposure to ailing airline
Low-cost airline Go First’s insolvency proceedings have plunged shares of Central Bank of India, Ba…
2 mins read
SBI and private banks may gain customers from India's government banks' mergers
The Indian government has decided to merge 10 state-owned banks into four, a move that has been che…
2 mins read
2 California banks are merging into a new $36 billion bank. It's the latest in a string of consolidations after a crisis rocked the US banking world in March.
PacWest shares surged 31.3% while Banc of California shares jumped 8.4% in after-hours trade after …
Huileng Tan
4 mins read
Yes Bank has more shareholders than debit cards as retail investors continue to buy in
Yes Bank has more shareholders than active debit cards, according to the latest data reported by th…
3 mins read
Inside the latest drama at Goldman Sachs that reportedly has some partners up in arms
Two Goldman partners, Mark Sorrell and Gonzalo Garcia, are reportedly threatening to leave the firm…
Reed Alexander
3 mins read
Nifty tops 17,000 points to set a new record — the fastest 1,000 point rally in the history of India’s benchmark index
It took less than a month for Nifty 50, India’s benchmark equity index, to climb to 17,000 from 16,…
6 mins read
PSU bank employees wage revision finalised after three years of waiting — only a ₹1,100 increase in salary for officers
The wage revision for public sector bank officers, which has been pending since 2017, has been sign…
3 mins read
Indian stocks accumulated stellar returns this week; Sensex jumped 1,600 points
Indian stock indices closed Friday's trade on a steady note and closed this week on a flyer, defyin…
ANI
1 min read
Lakshmi Mittal can begin taking over Essar Steel as India's Supreme Court ends the debate on how to distribute the money
The ultimate discretion on distribution of funds was with the Committee of creditors, the SC ord…
5 mins read
UBS is set to buy Credit Suisse for $3.2 billion. The megadeal could make the banking crisis worse.
The UBS-Credit Suisse megadeal could make it tougher for the Fed to fight inflation without causing…
Theron Mohamed
4 mins read
Everything you need to know about UBS's historic $3 billion deal to rescue rival bank Credit Suisse
Insider's George Glover gives you the rundown on the banking crisis' latest twist: UBS rescuing its…
George Glover
2 mins read
The top three stocks in last five years — Reliance Industries, Indiabulls Ventures, and IndusInd Bank
"After a gap of 7 years, Reliance Industries has once again emerged the biggest wealth creator …
PTI
1 min read
WeWork posted it best sales since its botched 2019 IPO, but its offices are barely half full
As companies return to offices, WeWork is seeing its best sales since late 2019, when its IPO faile…
Tim Levin
4 mins read
Top stock movers — Bank of Baroda, Reliance Industries, Future Retail, HUL, ICICI Bank, SBI, HDFC Bank, Bharat Dynamics, Tata Motors and more
Indian stock market index Sensex jumped over 250 points in early trade on Thursday led by gains in …
6 mins read
Top 10 financial advisers in the Asia-Pacific region advised on nearly $140 billion worth of deals in the first half of 2020
While the COVID-19 pandemic has been ravaging most of the world so far this year, the Asia-Pacific …
2 mins read
Top stocks to watch today— SBI, DLF, PNB Housing, Yes Bank, Ruchi Soya, Titan Company and more
Amid cautious cues from the global markets, Indian stock-market indices are likely to open in red o…
3 mins read
Top stock movers on Dalal Street today —SBI, Yes Bank, Indiabulls, RIL, Uflex and more
Indian stock market indices Sensex jumped over 200 points in early trade on Wednesday tracking posi…
3 mins read
Bank of America's investment-banking hiring blitz continues with several more star dealmakers - including a Lazard veteran who worked on a $100 billion beer merger
Greene's hiring comes on the heels of two other senior investment banking hires this month: The fir…
Alex Morrell
3 mins read
Three years and five strikes later, wage revision for public sector bank employees at par with 2012
In order to defer the three-day strike — along with three scheduled holidays — the IBA will also…
3 mins read
Top stocks to watch— Dr Reddy's Laboratories, HDFC Bank, TVS Motor, Vedanta, IRCTC, L&T, Bharat Forge, HAL, and more
Indian stock market is likely to open on a tepid note, tracking subdued cues from global markets. A…