RBI sets SGB 2018-19 Series II final redemption price at Rs 14,425
The Reserve Bank of India (RBI) has fixed the final redemption price of the Sovereign Gold Bond (SGB) 2018-19 Series II at Rs 14,425 per unit, based on the simple average of…
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Indian Bank hikes deposit rates by 15 bps on select tenures
Indian Bank has raised interest rates on its 555-day and 777-day special term deposit schemes by 15 basis points each, effective from Friday, 23 October. The rate on the 555-day ‘Ind Grow’…
Tata sides in talks with insurers as leadership battle escalates
Tata Sons and Tata Trusts are in talks with insurers about covering potential legal costs as their leadership dispute deepens, Bloomberg reported. Tata AIG General Insurance Company has issued policies to both…
MMFSL shares crash 10%, brokerages keep positive ratings
Shares of Mahindra & Mahindra Financial Services (MMFSL) fell as much as 10 per cent to Rs 368 on the BSE on Thursday, 22 October, after the company reported mixed second-quarter results.…
SC upholds YES Bank AT1 bond write-off reversal
The Supreme Court has upheld the Bombay High Court’s January 2023 verdict that YES Bank’s AT1 bonds should not have been written off on March 14, 2020, ruling that the administrator acted…
RBI MPC minutes signal rate cuts off table, further hikes possible
Minutes of the Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) meeting held on 5 to 7 October, released on Wednesday, 21 October, show that rate cuts are off the table…
Analysts split as ASSOCHAM backs RBI push, Bernstein cuts Nifty target
ASSOCHAM has backed the Reserve Bank of India and Finance Ministry measures to attract foreign investment, while brokerage Bernstein has warned that tax concessions alone will not revive sustained foreign fund inflows.…
Anup Bagchi takes charge at HDFC Bank on October 27
Anup Bagchi will assume charge as managing director and chief executive officer of HDFC Bank on 27 October. In his first public remarks, Bagchi said the difficult work from HDFC Bank’s merger…
Tata Sons reviews articles to meet Sebi listing norms after RBI order
Tata Sons has begun reviewing its Articles of Association to comply with Sebi listing regulations, a process that could alter board nomination and voting rights held by Tata Trusts, which owns about…
Yes Bank faces Rs 5,217 crore Q2 loss if AT-1 bond ruling hits books
Yes Bank would have reported a net loss of Rs 5,217 crore in the July-September 2026 quarter had it recognised the Supreme Court’s 15 October verdict upholding the quashing of its Rs…
Ashin Xavier: interesting
IO Repro: Repro test v4 after fix 2 Oct. Safe to trash.
IO Repro: Repro test v3 after fix 2 Oct. Safe to trash.
IO Repro: Repro test after fix 2 Oct. Safe to trash.