Sensex surges 415 points; metal, tech stocks rally amid on strong global cues
The 30 stock S&P BSE Sensex was trading 414.94 points or 0.71 per cent higher at 58,480.41 points at 1.12 pm against its previous session’s...
Tag : Axis Bank
Starting April 1, Here Are 10 Rate Changes That’ll Dent Common Man’s Pocket
Tax will have to be paid on PF Account, LPG rates will be hiking, and much more. Here are the 10 changes which could affect...
Business Tit-Bits: The Real Clean-up
The Union Cabinet yesterday approved the ‘Yes Bank Reconstruction Scheme 2020’. Under the approved scheme, SBI will now take a 49% equity stake in the...
The Real Clean Up
A real clean up at Yes Bank would involve various parts. The first and easy part is to recapitalise the bank, which with the govt...
From Yes Bank To No Bank
Yes Bank CEO Rana Kapoor was known to be a reckless lender, who lent profusely as he sought to network in Mumbai’s top business circles....
Business Tit-Bits: From Yes Bank To No Bank
The Reserve Bank of India has imposed moratorium (temporary restriction) on Yes Bank. According to PTI, sources say that the withdrawal limit has been capped...
Maharashtra Govt To transfer Accounts From Axis Bank To Govt Banks: Ajit Pawar
The Fadnavis-led Maha state govt had assigned the management of almost 2 lakh salary accounts to Axis bank, where his wife holds a top position....
What was RBI doing?
In a recent board meeting of the RBI, its external directors have questioned as to why did the string of frauds that have gone undetected...
Business Headlines: Will Yes Bank become the next PMC?
The country’s fourth largest private lender Yes Bank is in the midst of a crisis. It is staring at a crisis of both trust and...
Business Headlines: Sharad Pawar and the PMC Bank episode
Co-operative banks have a different strucuture from private and public sector banks which make them suseptible to mis-management by political parties. We tell you how...