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RBI appoints R. Gandhi on board of Yes Bank

New Delhi, May 14 -- The Reserve Bank of India (RBI) has appointed former deputy governor Rama Subramaniam Gandhi as an additional director on the board of Yes Bank for two years, from 14 May 2019 to ... Read More


ICICI Bank FY19 net falls 50% on higher expenses

MUMBAI, May 7 -- ICICI Bank Ltd posted a 50% decline in net profit for fiscal year 2018-19 at Rs3,363.30 crore because of higher expenses and provisions. Operating profit however grew 17% to Rs2,072 c... Read More


ICICI Bank FY19 net falls 50% on higher expenses

Mumbai, May 7 -- ICICI Bank Ltd posted a 50% decline in net profit for fiscal year 2018-19 at Rs3,363.30 crore because of higher expenses and provisions. Operating profit however grew 17% to Rs22,072 ... Read More


Jet Airways classified as NPA in Q4: ICICI Bank

Mumbai, May 7 -- ICICI Bank shares opened at Rs.400.90 on Bombay Stock Exchange (BSE), 0.5% down from its previous close after the private sector lender reported a 50% fall in net profit for the full ... Read More


ICICI FY19 net falls 50% on high expenses, provisions

New Delhi, May 7 -- ICICI Bank Ltd posted a 50% decline in net profit for fiscal year 2018-19 at Rs.3,363.30 crore because of higher expenses and provisions. Operating profit however grew 17% to Rs.22... Read More


Aditya Birla Capital to raise $300 million via ECBs in FY20

Mumbai, May 6 -- Aditya Birla Capital Ltd (ABCL) is proceeding with plans to raise up to $300 million through external commercial borrowings (ECBs) in the current financial year even as non-banking fi... Read More


Aditya Birla Capital to raise $300 million via ECBs in FY20

MUMBAI, May 6 -- Aditya Birla Capital Ltd (ABCL) is proceeding with plans to raise up to $300 million through external commercial borrowings (ECBs) in the current financial year even as non-banking fi... Read More


Aditya Birla Capital plans to raise $300 million via ECBs in FY20

New Delhi, May 5 -- Aditya Birla Capital Ltd (ABCL) is proceeding with plans to raise up to $300 million through external commercial borrowings (ECBs) in the current financial year even as non-banking... Read More


RBI tells banks to disclose exposure to IL&FS, entities

Mumbai, April 25 -- The Reserve Bank of India (RBI) on Wednesday asked banks to disclose their exposure to Infrastructure Leasing and Financial Services Ltd (IL&FS), and its group entities, in their n... Read More


There is a need for regulations to mitigate risks: Agustin Carstens

New Delhi, April 25 -- The Bank of International Settlements general manager Agustin Carstens on Thursday said that there is a need for regulations to mitigate the risks arising from collection and us... Read More