BANDHANBNK News Today

CSB Bank promoter gets RBI approval to retain 26% stake

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The RBI previously mandated bank founders to decrease their shareholding to 15%.

• 01 December, 2023
• 11:26 AM
• less than a minute

RBI Slaps Penalties on Banks for Rule Violations

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The penalties were imposed under the powers granted to RBI by Section 11(3) of FEMA, 1999, and followed show cause notices sent to the banks

• 01 December, 2023
• 11:05 AM
• less than a minute

Bank of Baroda Raises Rs 5,000 Crore via Infrastructure Bonds at 7.68% Coupon Rate

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The minimum application size for these bonds is Rs 1 lakh, available in multiples of the same amount

• 30 November, 2023
• 3:20 PM
• less than a minute

Residential properties owned by PC Jewellers Ltd promoters are taken over by SBI

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Banks recalled their loans when PCJ disclosed in an October 2018 stock exchange statement that it had defaulted on Rs 3,466 crore in this regard. SBI then filed a complaint with the Debt Recovery Appellate Tribunal.

• 30 November, 2023
• 12:22 PM
• less than a minute

ICICI Bank gets green signal from exchanges to delist ICICI Securities

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The delisting of ICICI Securities shares will be done by a share swap arrangement.

• 30 November, 2023
• 10:15 AM
• less than a minute

Ant Group pares all stake in Zomato for Rs 3,336 crore

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Morgan Stanley and Bank of America were the advisors to the deal.

• 30 November, 2023
• 10:11 AM
• less than a minute

Markets Surge as Nifty Crosses 20,000 Mark, Sensex Up Over 700 Points on November 29

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Except for realty, all other sectoral indices ended in positive territory. The top gainers were the auto, bank, and information technology sectors.

• 29 November, 2023
• 3:35 PM
• less than a minute

RBI approves Canara Bank's proposal to sell its 70% ownership in Canbank Factors

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Canara Bank went on to say that they are also looking into giving CCSL access to the bank's credit card and other digital product portfolio.

• 29 November, 2023
• 11:16 AM
• less than a minute

Kiwi rises as RBNZ takes a hawkish tone, while the dollar falls as a result of Fed cut wagers

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The Reserve Bank of New Zealand (RBNZ) held interest rates unchanged, as anticipated, but revised its official cash rate (OCR) track higher for 2024 and 2025, signalling to additional tightening ahead.

• 29 November, 2023
• 10:27 AM
• less than a minute

Aster DM divests stake in Gulf business for $1 billion

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Alpha GCC Holdings Ltd, a wholly-owned material subsidiary of Aster DM Healthcare, manages Aster's operations in the GCC (Gulf Cooperation Council) countries.

• 29 November, 2023
• 9:20 AM
• less than a minute