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The two unlisted associate banks which will be merged with SBI are State Bank of Patiala (SBP) and State Bank of Hyderabad (SBH).

SBI to raise Rs 5,000 crore via bonds for affordable housing

Last month, bank's board had approved raising Rs 8,000 crore through various sources.

10 Jan 2018 4:15 AM

The SDMC had passed two resolutions directing its staff not use MLA-LAD funds for its development works or issue no-objection certificates (NOC) to Delhi government departments for those its behalf. (Photo: PTI)

Fund raising via preferential allotment up 3 pc in Apr-Nov

As per Sebi data, funds raised by listed firms through preferential allotment stood at Rs 27,874 crore.

4 Jan 2018 11:16 AM

Idea said it plans to extend its 4G services to 20 circles across India by FY2017 after the board approved an additional Rs 1,000 cr capital expenditure to build its infrastructure.

Idea Cellular to raise Rs 3,250 cr from promoter group

Idea will also explore potential monetisation of company's 11.15 per cent stake in Indus Towers.

4 Jan 2018 10:20 AM

IndusInd Bank Ltd has entered into exclusive talks to acquire microlender Bharat Financial Inclusion Ltd.

IndusInd Bank raises $500 million from overseas lenders

Private sector bank has concluded the syndicated term loan facility from a group of overseas investors.

1 Jan 2018 9:25 AM

The ATCs charge has been denied by the airline.

UDAN: Govt expects Rs 300 cr annually from levy on airlines

Allocation for UDAN has been substantially raised to Rs 1,014.09 crore for the next financial year.

26 Feb 2018 5:20 AM

Uber Technologies Incs warring board members have agreed to investment by SoftBank Group Corp in the ride-services company. (Photo: AFP)

Uber's fourth-quarter loss narrows to USD 1.1 billion: source

The company had previously reported third-quarter net loss of $1.46 billion on net revenue of $2 billion.

14 Feb 2018 5:26 AM

Ajay Tyagi who is a 1984 batch IAS officer assumed office of Sebi chair on March 1, 2017. (Photo: PTI).

Rules on 25 pc fund-raising via corporate bonds by Sept: Sebi

Volatility in Indian markets may continue for some time due to global reasons.

10 Feb 2018 7:08 AM

The government has decided to increase the New Fund Offer (NFO) size of Bharat 22 ETF from Rs 8,000 crore to Rs 14,500 crore. (Photo: PTI/Representational)

Rs 51600 crore released to states under MGNREGA in 2017-18: Govt

Under MGNREGA, wage seekers are entitled to receive compensation at the rate of 0.05 per cent of the unpaid wages per...

5 Feb 2018 11:12 AM

BSNL to use part of its 3G spectrum for 4G services.

BSNL seeks Rs 6,652 crore as equity infusion from govt: Sinha

BSNL will pay balance Rs 7,233 crore of spectrum cost in ten annual installments from its internal accruals.

3 Feb 2018 5:33 AM

The Directorate General of Safeguards (DGS) has slapped a profiteering notice on Jubilant FoodWorks for allegedly not passing on GST rate cut benefit to consumers at its Dominos Pizza outlets.

Rs 20,000 cr surplus in GST compensation cess fund as of end-Mar

For 2018-19, the government has budgeted to collect Rs 61,331 crore as GST compensation cess.

27 April 2018 10:39 AM

India is ramping up to a paperless economy and BankBazaar is contributing significantly towards this goal. (Photo: ANI)

BankBazaar to hire 800 personnel in FY19

The majority of the hires would be for the technology and product domains.

27 April 2018 4:33 AM

Germanys biggest lender Deutsche Bank on Friday admitted to a massive erroneous transfer of 28 billion euros (USD 34 billion) in a routine operation, more than the entire bank is worth.

Deutsche Bank announces major overhaul of investment bank

Banks net income of 120 million euros was below the forecasts of net income of 379 million

26 April 2018 8:01 AM