NARCL Emerges as Top Bidder for SREI with NPV of Rs 5,555 Crore
National Asset Reconstruction Company Ltd (NARCL) emerged as the top bidder in the auction of two finance firms, Srei Infrastructure Finance and Srei Equipment Finance,...
Tag : Indian overseas Bank
Indian Overseas Bank Up for Fifth Straight Session
Indian Overseas Bank was at 26.2 rupees, up 1.55% on the NSE. The stock gained 16.96% in 2021, Nifty gained 6.49%, and Nifty Pharma gained...
PSU Banks Hold Firm in Weak Market, SBI Nears Record High
Shares of public sector undertaking (PSU) banks traded stronger, with BSE shares up 4% in intraday trade on Tuesday, on expectations of solid earnings momentum...
Indian Overseas Bank Gains for Fifth Straight Session
On National Stock Exchange (NSE), Indian Overseas Bank is quoting at Rs 23.7, up 1.07 per cent. The stock is up 19.7 per cent in...
Indian Overseas Bank and Bank of Baroda Raise Lending Rates
Indian Overseas Bank increased the marginal cost of the funds-based lending rate (MCLR) by ten basis points. “A similar amount revised the two-year and three-year...
Kotak Mahindra Bank Reports 5,278 Fraud Cases in Q1FY22-23, SBI 9 Only
According to the Reserve Bank of India (RBI) data, Leading private sector lender Kotak Mahindra Bank recorded as many as 5,278 fraud cases in Q1FY22-23...
IDBI Bank Hits Four-Month High on Privatisation Hopes
Shares of IDBI Bank Ltd surged more than 9% to a four-month high of Rs 43.85 on the BSE after Bloomberg reported that the government...
PSBs May Get Capital Support in Q4
The government is likely to pump capital in public sector banks during the last quarter of the current financial year to meet the regulatory requirements....
Kotak Special Fund Readies for Rs 700 Cr Deal
The alternative investment arm of Kotak Investment Advisors Ltd will deploy half its $1 billion funds as it prepares to seal its eighth deal, first...
Indian Overseas Bank Up 9% as Lender Issues Shares to Govt
Shares of Indian Overseas Bank gained as much as 9.32 per cent on Tuesday after the board of the bank approved issuing equity shares to...