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LIC STAKES MAJOR CLAIM IN IDBI

The Life Insurance Corporation of India (LIC) Board approved the proposal of acquiring 51% of state run bank IDBI Bank.  Government is aiming to make IDBI bank a vulnerable dynamic bank like Axis Bank. This acquisition is likely to be through issue of preferential shares. This is likely to bring some relief to IDBI Bank,

LIC STAKES MAJOR CLAIM IN IDBI

The Life Insurance Corporation of India (LIC) Board approved the proposal of acquiring 51% of state run bank IDBI Bank.  Government is aiming to make IDBI bank a vulnerable dynamic bank like Axis Bank. This acquisition is likely to be through issue of preferential shares. This is likely to bring some relief to IDBI Bank,

BANKS’ COMMON PORTAL FOR LOANS

Public Sector Banks are thinking of  a Common portal to offer competitive personal, housing & other retail loans.    It is learnt that Government would extend assistance banks to set up such a portal which can also be a platfor to offer loans to small and micro industries in the days to come. Advantanges: This would

BANKS’ COMMON PORTAL FOR LOANS

Public Sector Banks are thinking of  a Common portal to offer competitive personal, housing & other retail loans.    It is learnt that Government would extend assistance banks to set up such a portal which can also be a platfor to offer loans to small and micro industries in the days to come. Advantanges: This would

Muthoot Microfinance to raise through IPO Rs. 1000 crore

Well known Muthoot Microfin Ltd. which is a part of Muthoot Pappachan Group is going for Initial Public offering to raise funds between Rs. 4000 and Rs. 5000 crore. The company has appointed Motilal Oswal Edelwelss and Credit Suisse as the merchange bankers for the issue and proposes to file a draft redherring prospectus in

Muthoot Microfinance to raise through IPO Rs. 1000 crore

Well known Muthoot Microfin Ltd. which is a part of Muthoot Pappachan Group is going for Initial Public offering to raise funds between Rs. 4000 and Rs. 5000 crore. The company has appointed Motilal Oswal Edelwelss and Credit Suisse as the merchange bankers for the issue and proposes to file a draft redherring prospectus in

PSU BANK JOBS ARE NO LONGER A CHARISMA

Are you surprised to hear this news:  PSU BANK JOBS ARE NO LONGER COVETED AS BEFORE?  There has been a notable fall in the number of candidates’ registering themselves for Clerical and probationary Officer/Management Trainee posts in a Public Sector Bank.  This is revealed from the data of Institute of Banking Personnel Section 9IBPS).    IBPS

PSU BANK JOBS ARE NO LONGER A CHARISMA

Are you surprised to hear this news:  PSU BANK JOBS ARE NO LONGER COVETED AS BEFORE?  There has been a notable fall in the number of candidates’ registering themselves for Clerical and probationary Officer/Management Trainee posts in a Public Sector Bank.  This is revealed from the data of Institute of Banking Personnel Section 9IBPS).    IBPS

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