Banking & Accounting

The lender through a exchange notice had said earlier that it received shareholder approval to raise up to Rs 5,000 crore through rights issue or qualified institutional placement (QIP).

Grant Thornton, which has conducted a forensic audit of IL&FS Securities Services Ltd (ISSL), has found what it alleged multiple operational lapses and high-value trade anomalies in the

Housing industry representatives met finance minister NirmalaSitharaman on Sunday to press for a special package to revive the realty sector. The Minister of State –

Troubled mortgage lender Dewan Housing Finance (DHFL)has sought Rs 15,000-crore immediate funding from banks for on-lending to retail customers as well as to project developers,

The massive Rs 3 trillion capital infusion by the government into state-run banks over the past six years has helped them reduce losses but has failed to boost credit growth,

India’s central bank outlined two measures on Wednesday aimed at easing liquidity pressures on crisis-hit shadow banks, but industry insiders say the moves, while

The new feature was showcased at the Global Mastercard Cybersecurity Summit, held for the first time in India, which uses device intelligence and behavioral biometrics,

“Customer service and consumer protection should not be relegated to the sidelines by goals driven by hard targets and sales related incentives for on-boarding customers.” 

“We have filed a complaint with RBI. We are not in a position to comment on the matter,” said SumitSaha, authorised representative of Ocean Deity. 

MotilalOswal Financial ServicesNSE -1.36 % has given a buy recommendation on Axis Bank with a target price of Rs 825. Shares of Axis Bank traded at Rs 680 around 12:15 pm