Latest News on Financial Institutions
Showing of 0 - 10 from 44 results
Financial Institutions - Total results - 44
Jan 02, 2018
Bandhan Bank files for IPO, to raise over Rs 2,500 cr in biggest banking IPO till dateThe issue, which is the touted as the biggest banking sector IPO till date, is expected to raise over Rs 2,500 crore
Dec 14, 2017
FRDI Bill: Dispelling some myths about bail-in and other issues to allay depositors' concernsThe FRDI Bill proposes to create a framework for overseeing financial institutions such as banks, insurance companies, non-banking financial services (NBFC) companies and stock exchanges in case of insolvency.
Dec 12, 2017
FRDI Bill: Govt will fully protect public deposits, says finance minister Arun JaitleyArun Jaitley made the comment to allay concerns with regard to a provision in the Financial Resolution and Deposit Insurance (FRDI) Bill, 2017, first introduced in the Lok Sabha in August this year and currently undergoing scrutiny by a joint parliamentary committee
Dec 11, 2017
FRDI Bill: Arun Jaitley alleys fears about bail-in provision, says govt will fully protect public depositsThe draft FRDI Bill empowers Resolution Corporation to cancel liability of a failing bank or convert nature of liability.
Oct 07, 2017
Bots set to change the rules of BFSI; will put substantial capabilities in the hands of consumersBots, powered by ample compute cycles and memory as well as the rapid advances in AI, will put substantial capabilities in the hand of the consumer.
Oct 03, 2017
SBI Life Insurance Company shares list at Rs 733.30, at 5% premium to issue priceSBI Life is a joint venture between India's largest lender State Bank of India (SBI) and BNP Paribas Cardif (BNPPC), the insurance holding company of France.
Sep 06, 2017
Jaypee Infratech insolvency case: Supreme Court is walking a tight rope as home buyers enter the frayReal estate companies should be treated as an exemption on Section 53 of the bankruptcy code and home-buyers should be given some higher priority in repayments
Aug 03, 2017
Cochin Shipyard IPO oversubscribed 3.16 times on second day of three-day biddingThe IPO received bids for 10,72,21,140 shares against the total issue size of 3,39,84,000 shares, data available with the NSE showed.
Mar 01, 2017
Vijay Mallya PMLA case: Court nod to ED to attach Rs 4,200 crore assetsIn September last year, the ED had issued the order, under the provisions of the Prevention of Money Laundering Act (PMLA), to attach the various properties including flats, a farmhouse, shares and Fixed Deposits (FD) among others in the name of Mallya and associated firms.
Nov 22, 2016
R3 CEV, the blockchain start-up cuts funding target to $150 million from $200 millionBlockchain company R3 CEV has reduced the amount it aims to raise from bank members in its first large round of equity funding to $150 million from $200 million and is changing the structure of the deal, according to a person familiar with the plans.