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ICICI Bank Made Offer To Acquire HDFC Ltd Before Reverse Merger: Ex-Chairman Deepak Parekh
Veteran banker and former chairman of HDFC Ltd, Deepak Parekh, has said that ICICI Bank had made an offer to take over mortgage lender HDFC Ltd but it was declined.
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How Rajasthan Gang Used UPI To Dupe Hyderabad Electronics Chain Of 4 Crore
Thirteen people have been arrested for allegedly cheating an electronics retail chain in Hyderabad of Rs 4 crore by using UPI as a mode of payment and then lodging a complaint with the bank to reverse the amount
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RBI Keeps Key Lending Rate Unchanged, Says Inflation Moving Closer To Targets
The Reserve Bank of India (RBI) today kept its key lending rate unchanged at 6.5% for the seventh consecutive time.
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Rs 820 Crore Erroneously Credited To Account Holders Of This Bank
As much as Rs 820 crore were credited to account holders of UCO Bank in what the lender described as an erroneous transfer and has initiated a process to reverse the same.
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HDFC Leaps To 4th In World's Most Valuable Banks List After Mega Merger
In what is being called the biggest transaction in the history of India Inc, HDFC Bank will take over its parent, housing finance major HDFC, on Saturday. Following the reverse merger, the country's first home finance company, would cease to exist.
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Cryptocurrency: Here’s How the Top 5 Coins Have Performed Since April 2021
Cryptocurrencies saw a slow start this year, mainly due to a Reserve Bank of India (RBI) order to banks telling them not to deal in crypto. The cryptocurrency trade accelerated after the Supreme Court in March reversed the RBI ban and allowed trading in coins such as Bitcoin, Ethereum, Dogecoin, and others.
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Opinion: By A 99.3 Per Cent Verdict, Demonetisation Was a Farce
In the chaotic final months of 2016, angry citizens were slamming the Reserve Bank of India by calling it the "Reverse Bank." It's taken Governor Urjit Patel, who had only recently stepped into the top job, almost two years to reassert his authority and reestablish the institution's credibility with a couple of notable successes just this week.
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US Urges Top Court To Reverse Lower Court Order On Tata Mundra Project
The Trump administration has urged the Supreme Court to reverse a lower court order on the Tata Mundra Power Plant in Gujarat funded by a financial wing of the World Bank, arguing that the US-based International Finance Corporation enjoys absolute immunity.
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Money Of Indians In Swiss Banks Rises 50% To Over Rs 7,000 Crore
Money parked by Indians in Swiss banks rose over 50 per cent to 1.01 billion Swiss francs (Rs 7,000 crore) in 2017, reversing a three-year downward trend amid India's clampdown on suspected black money.
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India's Economic Slowdown 'Temporary, An Aberration', Says World Bank
The recent slowdown in India's economic growth is an "aberration" and mainly due to a temporary disruption caused by preparations for the new national tax GST, the World Bank said on Thursday, also stating that it will get corrected in the coming months.
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Minister Kapil Mishra Wants Sri Sri Ravi Shankar's Culture Festival To Be Held Again On Yamuna Floodplains
Rejecting an expert panel's findings that it will take extensive effort to reverse the damage caused to the Yamuna floodplains by Sri Sri Ravi Shankar's cultural extravaganza last year, Delhi Water Minister Kapil Mishra said that the event should in fact be held again and "only on its banks". He has also invited Art of Living founder Sri Sri Ravi S...
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10 Years Of Damage, 42 Crores: Alleged Cost Of Sri Sri Ravi Shankar's Art Of Living Yamuna Event
It will take 10 years to reverse the damage done to the banks of the River Yamuna by a huge cultural festival organised by Sri Sri Ravi Shankar, the country's top environmental court was told today. A team of experts who have visited the area where the three-day event was held last year have said restoring the flood plain will also cost about 42 cr...
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Interest Rate On Cars and Bikes to Remain High
The Reserve Bank of India (RBI) has decided to keep the key interest rates unchanged in its fifth bi-monthly policy review of this fiscal, which means that high interest rates on cars, bikes and other vehicles will continue.
-
Gautam Gambhir banks on Zaheer Khan's reverse swing, laments Virender Sehwag's dismissal
Asked about Tendulkar's return to form, Gambhir said, "Every run is important. You play a team sport. I never discuss about individuals. I've always maintained it's not about individuals. It's about what team does. It's about what we collectively put on board. It will not help if one gets 100 and the team ends up at 250-260. It's a team sport."...
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RBI keeps repo rates unchanged, CRR cut by 0.5%
The Reserve Bank of India today announced its review of the third quarter monetary policy. The central bank did not touch repo rate (the rate at which the RBI lends funds to banks) and reverse repo rate (at which the RBI borrows money from banks).
-
ICICI Bank Made Offer To Acquire HDFC Ltd Before Reverse Merger: Ex-Chairman Deepak Parekh
Veteran banker and former chairman of HDFC Ltd, Deepak Parekh, has said that ICICI Bank had made an offer to take over mortgage lender HDFC Ltd but it was declined.
-
How Rajasthan Gang Used UPI To Dupe Hyderabad Electronics Chain Of 4 Crore
Thirteen people have been arrested for allegedly cheating an electronics retail chain in Hyderabad of Rs 4 crore by using UPI as a mode of payment and then lodging a complaint with the bank to reverse the amount
-
RBI Keeps Key Lending Rate Unchanged, Says Inflation Moving Closer To Targets
The Reserve Bank of India (RBI) today kept its key lending rate unchanged at 6.5% for the seventh consecutive time.
-
Rs 820 Crore Erroneously Credited To Account Holders Of This Bank
As much as Rs 820 crore were credited to account holders of UCO Bank in what the lender described as an erroneous transfer and has initiated a process to reverse the same.
-
HDFC Leaps To 4th In World's Most Valuable Banks List After Mega Merger
In what is being called the biggest transaction in the history of India Inc, HDFC Bank will take over its parent, housing finance major HDFC, on Saturday. Following the reverse merger, the country's first home finance company, would cease to exist.
-
Cryptocurrency: Here’s How the Top 5 Coins Have Performed Since April 2021
Cryptocurrencies saw a slow start this year, mainly due to a Reserve Bank of India (RBI) order to banks telling them not to deal in crypto. The cryptocurrency trade accelerated after the Supreme Court in March reversed the RBI ban and allowed trading in coins such as Bitcoin, Ethereum, Dogecoin, and others.
-
Opinion: By A 99.3 Per Cent Verdict, Demonetisation Was a Farce
In the chaotic final months of 2016, angry citizens were slamming the Reserve Bank of India by calling it the "Reverse Bank." It's taken Governor Urjit Patel, who had only recently stepped into the top job, almost two years to reassert his authority and reestablish the institution's credibility with a couple of notable successes just this week.
-
US Urges Top Court To Reverse Lower Court Order On Tata Mundra Project
The Trump administration has urged the Supreme Court to reverse a lower court order on the Tata Mundra Power Plant in Gujarat funded by a financial wing of the World Bank, arguing that the US-based International Finance Corporation enjoys absolute immunity.
-
Money Of Indians In Swiss Banks Rises 50% To Over Rs 7,000 Crore
Money parked by Indians in Swiss banks rose over 50 per cent to 1.01 billion Swiss francs (Rs 7,000 crore) in 2017, reversing a three-year downward trend amid India's clampdown on suspected black money.
-
India's Economic Slowdown 'Temporary, An Aberration', Says World Bank
The recent slowdown in India's economic growth is an "aberration" and mainly due to a temporary disruption caused by preparations for the new national tax GST, the World Bank said on Thursday, also stating that it will get corrected in the coming months.
-
Minister Kapil Mishra Wants Sri Sri Ravi Shankar's Culture Festival To Be Held Again On Yamuna Floodplains
Rejecting an expert panel's findings that it will take extensive effort to reverse the damage caused to the Yamuna floodplains by Sri Sri Ravi Shankar's cultural extravaganza last year, Delhi Water Minister Kapil Mishra said that the event should in fact be held again and "only on its banks". He has also invited Art of Living founder Sri Sri Ravi S...
-
10 Years Of Damage, 42 Crores: Alleged Cost Of Sri Sri Ravi Shankar's Art Of Living Yamuna Event
It will take 10 years to reverse the damage done to the banks of the River Yamuna by a huge cultural festival organised by Sri Sri Ravi Shankar, the country's top environmental court was told today. A team of experts who have visited the area where the three-day event was held last year have said restoring the flood plain will also cost about 42 cr...
-
Interest Rate On Cars and Bikes to Remain High
The Reserve Bank of India (RBI) has decided to keep the key interest rates unchanged in its fifth bi-monthly policy review of this fiscal, which means that high interest rates on cars, bikes and other vehicles will continue.
-
Gautam Gambhir banks on Zaheer Khan's reverse swing, laments Virender Sehwag's dismissal
Asked about Tendulkar's return to form, Gambhir said, "Every run is important. You play a team sport. I never discuss about individuals. I've always maintained it's not about individuals. It's about what team does. It's about what we collectively put on board. It will not help if one gets 100 and the team ends up at 250-260. It's a team sport."...
-
RBI keeps repo rates unchanged, CRR cut by 0.5%
The Reserve Bank of India today announced its review of the third quarter monetary policy. The central bank did not touch repo rate (the rate at which the RBI lends funds to banks) and reverse repo rate (at which the RBI borrows money from banks).
