Yes Bank’s FPO subscribed 24% on Day 1
Retail book subscribed 9% MUMBAI, JULY 15, 2020 (GPN): The full service commercial bank announced its Rs. 15K Cr fundraising plan via the Further Public Offering on July 13, 2020. As stated in the RHP, the…
BANKING
Federal Bank delivers 19% growth in operating profit
MUMBAI, 15 JULY, 2020 (GPN): Federal Bank announced the Unaudited Financial Results for the quarter ended 30th June 2020. The key highlights of the results on a Y-o-Y basis are as follows: ➢ Operating profit grows…
YES BANK ₹15,000 crore FPO opens on July 15, sets Price Band between ₹12 to ₹13
Further public offering of face value of ₹2 each equity shares of YES BANK limited aggregating up to ₹15,000 crore by way of a fresh issue. Offer includes a reservation of up to ₹ 200…
PNB always with MSME entrepreneurs: Shri CH S S Mallikarjuna Rao
NEW DELHI, 06 JULY, 2020 (GPN): Punjab National Bank, today participated in a live “Webinar Townhall with CII” on issues related to MSME customers across the country and to address their challenges in the face of…
Bandhan Bank ropes in Aveek Datta as Deputy Vice President, Public Relations
MUMBAI, 05 JULY, 2020 (GPN): Apart from driving the bank’s communications and public relations efforts, Datta will be working on building brand reputation via media relations (with a special focus on financial media), assisting investor relations…
ICICI Bank launches instant loan against MF units
Customers can get loan of upto Rs.1 crore against holdings in both debt and equity MFs Completely digital and paperless procedure MUMBAI, 2 JULY, 2020 (GPN): ICICI Bank announced the launch of a facility that enables retail…
Fedfina forays into bond market, achieves a successful first issuance
MUMBAI, 1st JULY, 2020 (GPN): Fedfina (Fedbank Financial Services Limited), one of India’s leading non-banking financial services companies, forayed into the Indian bond market last week. Initially the aim was to raise ₹ 100 Crores…
Equitas Small Finance Bank Limited Gold Loans helping to meet customers’ financial requirements
MUMBAI, JUNE 29, 2020 (GPN): Equitas Small Finance Bank Limited (the “Bank”), the largest small finance bank (“SFB“) in India in terms of number of banking outlets as of March 31, 2019 (Source: CRISIL report), is…
PNB sanctions loans of Rs. 6757 crore to around 3 lakh MSMEs under credit guarantee scheme
NEW DELHI, HYDERABAD, 28 JUNE, 2020 (GPN): Punjab National Bank, India’s second-largest public sector lender has been one of the top lenders to small businesses under the government’s emergency credit line guarantee scheme (ECLGS). As…
BANK OF INDIA ANNOUNCES MARCH 2020 (Q4 & FY 2019-20) FINANCIAL RESULTS
MUMBAI, JUNE 25, 2020 (GPN): Bank of India announced its audited results for the Q4 and FY 2019-20, following approval by its Board of Directors on June 25, 2020. Highlights of Performance during FY 2019-20: BUSINESS:…