by OverviewFX | Aug 29, 2024 | Banking & Finance
Talks to sell majority stakes in two Indian banks have attracted interest from foreign peers in Japan and the Middle East betting on a fast-growing economy, but tighter regulations and valuation concerns could curb their appetite, analysts and sources say.The rare...
by OverviewFX | Aug 29, 2024 | Banking & Finance
Union Bank of India has frozen all accounts of state-run telecom company MTNL for non-payment of dues, a regulatory filing said on Wednesday. Union Bank of India informed the company on August 21 about freezing of all its accounts over non-payment of loans,...
by OverviewFX | Aug 29, 2024 | Banking & Finance
A home represents stability, wealth, and a portion of one’s aspirations for many Indians. Most of the people use home loans to fulfill this desire. There are two types of interest rates for home loans: fixed and floating.Note that many loan interest rates are...
by OverviewFX | Aug 29, 2024 | Banking & Finance
New Delhi, ESAF Small Finance Bank has launched the INORI RuPay Platinum Credit Card, a premium financial product designed in collaboration with the National Payments Corporation of India (NPCI) to offer cardholders exclusive benefits and privileges. “The...
by OverviewFX | Aug 29, 2024 | Banking & Finance
The Securities and Exchange Board of India has issued a show cause notice to Religare Enterprises chairperson Rashmi Saluja in connection with its investigation into alleged violations of insider trading regulations, people familiar with the matter said.The...
by OverviewFX | Aug 29, 2024 | Banking & Finance
By Siddhi Nayak and Dharamraj DhutiaMUMBAI – India’s Axis Bank is set to join several other lenders in raising funds through infrastructure bonds and may announce the issue in September, three sources, including two merchant bankers, said.The Indian...