Bank of India
General
Grapevine: VTB may sell Zee stake; Bank of India may sell most shares in JV
VTB Capital plans to sell 10.71% pledged stake in borrower Zee Entertainment, The Economic Times said, a move that would ......
Finance
State Bank of India looks to exit financial services company
State Bank of India (SBI), the country's largest lender, has started a process to exit its six-year-old investment in a ......
Manufacturing
Khaitan's whirring blades to go quiet as fan maker handed over to liquidator
The bankruptcy tribunal has ordered the liquidation of Khaitan Electricals Ltd, a household name for fans, air coolers and other ......
Finance
Wilful defaults in India cross $21 bn in 2018-19
India’s state-owned banks had classified 1.50 trillion rupees ($21.76 billion) worth of loans as “wilful defaults” in 2018-19, with the ......
Finance
Bank of India to sell stressed assets worth $4.3 bn to ARCs
Indian government-owned Bank of India plans to put stressed assets worth Rs 30,000 crore (around $4,280 million at current exchange ......
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 with ......
Finance
Why the latest capital infusion into ailing government banks may not help much
On Wednesday, the government approved an infusion of Rs 48,239 crore ($6.8 billion) into 12 state-run banks, as part of ......
Finance
Bank of India expects $360 mn from bankruptcy resolution in March quarter
Central government-owned Bank of India expects to recover around Rs 2,600 crore ($365.6 million) in the quarter ending March 2019 ......
General
Job crisis: How India's biggest corporate employers fared in recent years
In 2014, the Bharatiya Janata Party and its leader Narendra Modi promised to create 100 million new jobs if voted ......
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