Medicines for dogs from Elanco (above) and Bayer (below) are available in an animal shelter on the treatment table of a veterinarian.Frank Rumpenhorst | picture alliance | Getty ImagesCompany: Elanco Animal Health Inc. (ELAN)Business: Elanco is an…
Nearly 15 per cent of State Bank of…
Kolkata: About 15 percent of State Bank of India's Mudra loan portfolio has turned bad, in sync with the concerns raised by Reserve Bank of India over the growing stress on the government's loan scheme…
Depositors seek RBI protection against waiver of bank…
Depositors are seeking protection from the Reserve Bank of India (RBI) against any attempts to stop paying interest on deposits by banks. In a letter to RBI the All India Bank Depositors Association (AIBDA) has…
Yes Bank gets bourses approval for re-classification of…
MUMBAI Private sector lender Yes Bank on Friday said it has received approval of leading bourses BSE and National Stock Exchange for re-classification of the promoter shareholding. Part of shareholding classified as "promoter shareholding" now…
DCB Bank plans to raise up to Rs…
New Delhi: Private sector lender DCB Bank on Thursday said it plans to raise up to Rs 500 crore through equity or other instruments. The decision was taken at the bank's board meeting on Thursday…
Yes Bank applies to stock exchanges for re-classification…
New Delhi: Yes Bank on Wednesday said it has applied to the stock exchanges for re-classification of promoter shareholding post the reconstruction scheme for the lender in March this year. The need for re-classification of…
ICICI Bank cuts interest rate on saving deposits…
NEW DELHI: ICICI Bank on Tuesday said it has cut interest rate on saving deposits by 25 basis points (bps). The new rates will come into effect from Thursday, it said in a regulatory filing.…
Bank of India sees impact on recoveries, profitability…
NEW DELHI: Bank of India on Monday said its recoveries may get affected in the second quarter due to moratorium on loan repayments while profitability may get impacted in June and September quarters due to…
Kotak Mahindra Bank raises Rs 7,442.5 crore via…
Mumbai: Private sector lender Kotak Mahindra Bank (KMB) has raised Rs 7,442.5 crore through a qualified institutional placement (QIP) of shares. The bank on Saturday issued 6.5 crore shares at a price of Rs 1,145…