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Bank Of India To Shut 400 ATMS

Bank of India a State owned bank, has decided to close down 400 of its ATMs, which is done as a part of turnaround plan.  This they plan to implement without causing inconvenience to its customers. Further, the bank plans to close another 300 ATMs by the end of Feb 2018, after taking into account

Bank Of India To Shut 400 ATMS

Bank of India a State owned bank, has decided to close down 400 of its ATMs, which is done as a part of turnaround plan.  This they plan to implement without causing inconvenience to its customers. Further, the bank plans to close another 300 ATMs by the end of Feb 2018, after taking into account

Issue of Equity and Convertible Instruments by HDFC

Housing Development Finance Corporation (HDFC), the largest mortgage lender in the country is now planning to raise upto Rs. 13,000 crore through issue of equity shares and other securities. The bank further plans use these proceeds to invest in HDFC Bank, to the tune of Rs. 8500 crores, which will enable it to retain its

Issue of Equity and Convertible Instruments by HDFC

Housing Development Finance Corporation (HDFC), the largest mortgage lender in the country is now planning to raise upto Rs. 13,000 crore through issue of equity shares and other securities. The bank further plans use these proceeds to invest in HDFC Bank, to the tune of Rs. 8500 crores, which will enable it to retain its

ICICI Bank Plans To Raise $500 Million Loan

The biggest Private Sector bank of India ICICI Bank plans to raise $500 million through Loan through overseas resources and is in talks with four foreign banks viz DBS Bank, United Overseas Bank (Singapore), HSBC and BNP for the loans.  It may be noted that the bank had already raised $500 million through a bond

ICICI Bank Plans To Raise $500 Million Loan

The biggest Private Sector bank of India ICICI Bank plans to raise $500 million through Loan through overseas resources and is in talks with four foreign banks viz DBS Bank, United Overseas Bank (Singapore), HSBC and BNP for the loans.  It may be noted that the bank had already raised $500 million through a bond

Payment Banks In India

PAYTM PAYMENT BANK, AIRTEL PAYMENT BANK ARE DIFFERENT FROM NORMAL BANKS….HOW??? Recently the Paytm Bank was launched and now four payments banks are operating in India which are – Paytm Payment Bank, Airtel Payment Bank, India Post Payments Bank and FINO Payment Bank. With Digitalization on its top gear, Banking and all other kind of financial

Payment Banks In India

PAYTM PAYMENT BANK, AIRTEL PAYMENT BANK ARE DIFFERENT FROM NORMAL BANKS….HOW??? Recently the Paytm Bank was launched and now four payments banks are operating in India which are – Paytm Payment Bank, Airtel Payment Bank, India Post Payments Bank and FINO Payment Bank. With Digitalization on its top gear, Banking and all other kind of financial

Suryodaya Finance Bank

The SFB,  Suryoday Small Finance Bank is planning to raise Rs 150-250 crore in the coming months from its existing shareholders through a rights issue.  This will enable them to explore one more round of fund raising by way of issuing Rights Issue to their existing shareholders.   Possibly the bank would explore possibilities of raising

Suryodaya Finance Bank

The SFB,  Suryoday Small Finance Bank is planning to raise Rs 150-250 crore in the coming months from its existing shareholders through a rights issue.  This will enable them to explore one more round of fund raising by way of issuing Rights Issue to their existing shareholders.   Possibly the bank would explore possibilities of raising