United Bank of India
Markets
Sensex, Nifty slump for second week as Yes Bank woes drag financial stocks down
Indian stocks slumped on Friday with banks and non-bank companies dropping after the Reserve Bank of India’s decision to...
Markets
Nifty, Sensex slump 2% after dismal growth data
Indian shares plunged 2% on Tuesday in a broad-based selloff, as investors fretted over data that showed the economy grew ......
Finance
Govt unveils big-bang plan to merge state-run banks
The government will merge 10 state-run banks into four as part of a big consolidation drive to clean up the ......
Manufacturing
UV ARC acquires cement maker's debt to expand mid-market operations
UV Asset Reconstruction Company Ltd is close to acquiring the entire debt of a distressed cement manufacturing company, as it...
Finance
ARCs, stressed asset investors look for deals as banks auction $3.6 bn of bad loans
Asset reconstruction companies (ARCs) and other investors may pursue distressed assets more actively in coming weeks as banks...
General
Government to inject $3.4 bn into state-run banks
The government said on Tuesday it is infusing Rs 22,915 crore ($3.4 billion) in 13 state-run banks in the current ......
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