MUMBAI, AUGUST 21, 2019 (GPN) : NBFC major Shriram City Union Finance Limited has announced the issue of Secured Redeemable Non-Convertible Debentures (NCDs). The issue, which offers an effective yield (interest rate) of up to 9.85% per…
MUMBAI, 19 AUGUST 2019 (GPN): Reserve Bank of India Governor Mr Shaktikanta Das today inaugurated FIBAC 2019, the Annual Banking Conference, jointly organised byFederation of Indian Chambers of Commerce and Industry (FICCI) and Indian Banks’ Association (IBA). In…
Mumbai, August 19th, 2019 (GPN) : IndiaFirst Life Insurance, a joint venture of Bank of Baroda and Andhra Bank, recently announced appointment of Kedar Patki as Chief Financial Officer (CFO). During his professional tenure of over…
Mumbai, 17 August, 2019 (GPN): Mumbai Zonal Office, Bank of Maharashtra (BOM) will hold Banker’s Meet on 18th August 2019. These deliberations of Branch Managers will be held in presence of Mr A S Rajeev, MD & CEO, Bank…
MUMBAI, 17 AUGUST, 2019 (GPN) : Mumbai South Regional Office of Union Bank of India organised meeting of all Branch Heads on 17th & 18th August 2019 wherein collective consultative and ideation process was undertaken to align…
The city received an investment of approximately INR 101 bn since the formation of a new Telangana state Focus on infrastructure, strong economic growth, development of world-class office and residential assets and progressive state-level reforms…
55 percent of reporting Public Sector Banks cite reduction in NPA levels Bankers believe setting up of Development Finance Institution would help in boosting credit to long gestation projects like infrastructure NEW DELHI, 14 AUGUST,…
Valapad (Thrissur), 14 August, 2019 (GPN) : Manappuram Finance Ltd. has declared its first quarter results. Consolidated net profit for the quarter ended June 30, 2019 jumped to Rs. 268.91 crore, an increase of 35.27…
· Ratings – CRISIL AAA / Stable by CRISIL Limited (“CRISIL”) and CARE AAA; Stable by CARE Ratings Limited (“CARE Ratings”) · Tranche II Issue Size: Rs. 412,600 lakh (out of which Rs. 299,790 lakh Secured &…
