Bank of India
General
Grapevine: VTB may sell Zee stake; Bank of India may sell most shares in JV
VTB Capital plans to sell 10.71% pledged stake in borrower Zee Entertainment, The Economic Times said, a move that would ......
Finance
State Bank of India looks to exit financial services company
State Bank of India (SBI), the country's largest lender, has started a process to exit its six-year-old investment in a ......
Manufacturing
Khaitan's whirring blades to go quiet as fan maker handed over to liquidator
The bankruptcy tribunal has ordered the liquidation of Khaitan Electricals Ltd, a household name for fans, air coolers and other...
Finance
Wilful defaults in India cross $21 bn in 2018-19
India’s state-owned banks had classified 1.50 trillion rupees ($21.76 billion) worth of loans as “wilful defaults”...
Finance
Bank of India to sell stressed assets worth $4.3 bn to ARCs
Indian government-owned Bank of India plans to put stressed assets worth Rs 30,000 crore (around $4,280 million at current exchange...
Finance
Bank of India invites bids for partial stake in insurance JV
Public sector lender Bank of India has proposed to sell its 25.05% stake in joint venture Star Union Dai-ichi Life ......
Finance
Credit reporting firm Equifax India set to see shareholding churn
US-based consumer credit reporting firm Equifax Inc.’s Indian subsidiary is set to go through a churn in its shareholding...
Finance
Why the latest capital infusion into ailing government banks may not help much
On Wednesday, the government approved an infusion of Rs 48,239 crore ($6.8 billion) into 12 state-run banks, as part of ......
Finance
Bank of India expects $360 mn from bankruptcy resolution in March quarter
Central government-owned Bank of India expects to recover around Rs 2,600 crore ($365.6 million) in the quarter ending March 2019...
General
Job crisis: How India's biggest corporate employers fared in recent years
In 2014, the Bharatiya Janata Party and its leader Narendra Modi promised to create 100 million new jobs if voted ......
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