Union Bank of India
Finance
Now, a lenders' takeover of DHFL just short of two regulatory nods
All banks have consented to converting financially-troubled Dewan Housing Finance Corp. Ltd (DHFL)’s debt into equity, and...
Markets
Sensex drops 1% as state-run banks, drugmakers slump
Indian shares closed weaker for a ninth straight session on Monday, dragged by financial and pharmaceutical stocks, as concerns...
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
Retired SC judge should monitor all IL&FS asset sale proceedings: NCLAT
The National Company Law Appellate Tribunal (NCLAT) on Friday recommended that all future proceedings pertaining to the transfer...
Finance
Japan's Dai-ichi Life picks up stake in Union Bank's mutual fund arm
Japanese life insurance firm Dai-ichi Life Holdings has ventured into the asset management business in India by acquiring 39.62% stake ......
Finance
From diamond merchants to fish farmers, why is defrauding Indian banks so easy?
Are Indian bankers sloppy? Are they corrupt? Or is it just dumb luck that India’s banking sector is in the ......
Finance
Indian Bank, Union Bank hire bankers to raise money from capital markets
Listed public sector lenders Indian Bank and Union Bank of India Ltd have initiated the process of raising money from ......