As the Reserve Bank of India is conducting a special audit in Srei Infrastructure Finance and its subsidiary Srei Equipment Finance, chairman Hemant Kanoria says the special audit will soon conclude and will quell all “unne
Shetty says during the merger of Andhra Bank and Corporation Bank into Union Bank of India, Swift worked on minimising the challenges and ensured a smooth transition of cross-border transactions of the three banks into the am
Until recently, the Jaipur-based SFB had no presence outside western and northern India. In its pursuit of becoming a pan-India player, the bank forayed into south India in August and commenced operations in Bengaluru.
Rishi Vasudev, CEO, Lifestyle & Home Centre, said the stores are recording a sharp decline in footfall compared to the last year due to coronavirus scare, but online sales are witnessing strong traction.
After Vistra ITCL (India), the largest independent corporate trustee in the country, invoked 17,00,000 equity shares on October 7, promoter shareholding in the company now stands at 4.92% from the earlier 7.26%.
Replying to shareholders at the company's AGM here, Amritanshu Khaitan, managing director, said, "Regarding the borrowing of the company, the company's debt position has become much more comfortable as compared to last year."
Home loan products are now available in 302 banking outlets across the country, and the private sector bank will be ramping up the presence to cover a larger portion of its pan-India network of 4,559 banking outlets.