PSB News Today

HDFC AMC Gains RBI Approval for Up to 9.5% Stake in Karur Vysya Bank and DCB Bank

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Karur Vysya Bank confirmed the RBI's approval, specifying that HDFC AMC must ensure its aggregate holding in the bank does not exceed 9.5% of the paid-up share capital.

• 29 September, 2023
• 2:36 PM
• less than a minute

Private Equity-Backed Capital Small Finance Bank Files Draft Papers for IPO

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The IPO comprises a fresh issue of Rs 450 crore and an offer-for-sale of up to 24.12 lakh shares by existing shareholders and promoters.

• 29 September, 2023
• 2:04 PM
• less than a minute

Bank of Baroda on a buyer lookout for its New Zealand subsidiary

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BoB NZL, founded in 2008, was New Zealand's first Indian bank. It has two locations: Auckland and Wellington.

• 28 September, 2023
• 9:25 AM
• less than a minute

Indian Markets Close Up on September 27, PSU Banks Lead Gains

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Sun Pharma, IndusInd Bank, Larsen & Toubro and UltraTech Cement were among the gainers on Sensex.

• 27 September, 2023
• 3:40 PM
• less than a minute

Kotak Mahindra Bank is given relief as SC sustains its immunity from fines and prosecution for ...

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According to the bench in the Kotak Mahindra Bank case, "the high court ought not to have sat on appeal as to the sufficiency of the material and particulars placed before the commission, on the basis of which the commission proceeded to grant immunity from prosecution and penalty."

• 27 September, 2023
• 10:45 AM
• less than a minute

REC join hands with Punjab National Bank to finance projects in various sectors

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TSC Bosh, Executive Director (Infra & Logistics), REC, and PNB Chief General Manager Rajeeva signed the MoU.

• 27 September, 2023
• 10:00 AM
• less than a minute

Aditya Birla Finance Launches Rs 2,000 Crore NCD Public Issue

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NCDs are fixed-income securities listed on BSE and NSE, offering an alternative to bank and corporate FDs for investors with medium risk tolerance

• 26 September, 2023
• 11:44 AM
• less than a minute

TCS Extends Partnership with Standard Bank Group for Streamlined Custody Operations in 15+ Mark...

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The collaboration of over 25 years aims to upgrade SBG's platform with next-gen tech, enabling cloud-based critical business operations by 2026

• 26 September, 2023
• 11:35 AM
• less than a minute

RBI slaps penalty on SBI, Indian Bank, and Punjab & Sind Bank

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RBI levied a penalty of Rs 1.62 crore on the Indian Bank.

• 26 September, 2023
• 9:35 AM
• less than a minute

Standard Bank's Custody and Settlement Operations are to be transformed by TCS BaNCS for better...

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With USD 635 billion in assets under custody and administration, SBG runs the largest custody network in sub-Saharan Africa, leading the growth of the continent's capital markets.

• 25 September, 2023
• 1:30 PM
• less than a minute