by Mitchell | Jul 20, 2020 | Business News
India’s biggest private-sector lender, HDFC Bank on Saturday reported a 20{b1ee4ac4d8d7b8e1af61a560a11ca52574b8103b547ccac8037ce0cdf9e7ba58} rise in first-quarter profit, sending its shares up as much as...
by Mitchell | Jul 12, 2020 | Business News
The Enforcement Directorate (ED) probing the Yes Bank case is expected to file the second chargesheet in the case on Monday. The chargesheet, according to sources, will be against 10 to 13 accused persons and entities. The ED had arrested Kapil and Dheeraj Wadhawan,...
by Mitchell | Jul 9, 2020 | Business News
The Enforcement Directorate on Thursday attached properties worth Rs 2500 crores in connection with the Yes Bank case. These properties belong to the bank’s founder Rana Kapoor along with Diwan Housing Finance Limited (DHFL) promoters Kapil and Dhiraj Wadhawan,...
by Mitchell | Jul 9, 2020 | Business News
SBI-led banks’ consortium represented by Barrister Marcia Shekerdemian argued that they are not secured creditors as claimed while Mallya’s legal representative, Philip Marshall, said they should be pursuing the security that banks held over the United Breweries...
by Mitchell | Jul 8, 2020 | Business News
The public lender said it is reducing Marginal Cost-based Lending Rate (MCLR) by 5-10 basis points to 6.65 per cent for short-term loans from July 10. SBI said that the reduction in three-month MCLR is in line with its External Benchmark-based Lending Rate. (Photo:...
