BoB, Union Bank announce cut in lending rates

Mumbai, June 10 : Nationalised Banks — Bank of Baroda and Union Bank of India — on Wednesday announced a cut in their marginal cost of funds-based lending rates... Read more »

YES BANK raises USD 400 million through Syndicated Loan Facility

YES BANK, India’s fourth largest private sector Bank, has successfully closed a competitively priced USD 400 million syndicated loan facility, borrowed out of the Bank’s IFSC Banking Unit (IBU) in Gujarat... Read more »

SBI Mutual Fund appoints Ashwani Bhatia as MD & CEO

 SBI Mutual Fund, one of the leading mutual fund houses in the country has announced the appointment of Mr. Ashwani Bhatia as the MD & CEO of SBI Funds... Read more »

Sensex, Nifty settle at record closing levels

The key Indian equity indices — S&P BSE Sensex and NSE Nifty50 — settled at their record closing levels on Monday driven by positive global cues. Earlier in the... Read more »

Equity indices continue to set fresh benchmarks

Continuing their record-breaching spree, the key Indian equity indices rose to fresh benchmarks on Monday riding on the back of healthy quarterly earnings. The barometer S&P BSE Sensex breached... Read more »

Equity indices continue to set fresh benchmarks

Continuing their record-breaching spree, the key Indian equity indices rose to fresh benchmarks on Monday riding on the back of healthy quarterly earnings. The barometer S&P BSE Sensex breached... Read more »

Equity indices hit record highs

The S&P BSE Senseex and the NSE Nifty50 touched thier new record highs during the intra-day trade session on Thursday. The barometer Sensex climbed over the 37,000-mark, while Nifty50... Read more »

Government to soon recapitalise some PSBs with Rs 10,000 cr

 The government is likely to recapitalise some state-run banks in urgent need by up to Rs 10,000 crore within a few days to help them meet regulatory capital requirements,... Read more »