Shriram Transport Finance today said it will issue rupee denominated bonds worth Rs 200 crore to Deutsche Bank AG, Singapore.
Madhu Kapur in her petition had sought to cancel the reappointment of two non-executive directors from the board of Yes Bank. The two directors are Dewan Arun Nanda & MR Srinivasan.
As SE Investments complies with most RBI norms, the board will take final decision next week, says company MD Sunil Agarwal.
Gold shot up by Rs 684 to cross the one month high of Rs 28,365 per 10 grams in the national capital region on the back of brisk buying after the RBI placed fresh restrictions on gold imports.
Rating company CARE has downgraded bank facilities and instruments of Gitanjali Gems and its subsidiaries and step down subsidiaries by one notch 'on account of stressed liquidity position.'
Videocon will be applying for a banking licence on Tuesday. Talking about the contours of how it will be applying, sources told CNBC-TV18 that Videocon will create a separate subsidiary and will be roping in a foreign partner.
The State Bank of India (SBI) has been directed by a consumer forum here to pay Rs 34,000 to a customer for violating RBI norms by refunding after 189 days an amount which was erroneously debited from his account after an unsuccessful ATM transaction.
CRISIL believes that the recent draft guidelines issued by the Reserve Bank of India (RBI) for non-banking finance companies (NBFCs) will adversely affect their profitability when implemented.
Brickwork Ratings (BWR) has assigned the rating of BWR AA (BWR Double A) with a stable outlook for the proposed NCD Issue for Rs 250 Cr and proposed subordinated Tier II NCD Issue for Rs 250 Crore (INR Two Fifty crores only) SREI Infrastructure Finance Ltd (SIFL).
The Reserve Bank of India has penalised three cooperative banks in Gujarat with non adherence to RBI norms out of which two have also been charged for not following the anti-money laundering (AML) guidelines.
Pioneer Embroiders announced its Q3 results. Its net sales were up 27% at Rs 46.85 crore versus Rs 36.81, year-on-year (YoY).