Reserve Bank of India (RBI) has approved the application of Japanese banking major Sumitomo Mitsui Banking Corporation (SMBC) ...

Indian banks are barred from lending for mergers and acquisitions, pushing companies to rely on non-banking financial firms ...

UIDAI has amended Aadhaar regulations to prevent duplicate Baal Aadhaar enrolments using the same birth certificate. With ...

IBA will request RBI to allow banks to fund M&A of listed firms, says SBI Chairman. Urges private sector to invest in capacity expansion.

State Bank of India closed 6.85% short of its 52-week high of 875.50 rupees, which the company reached on December 6th.

The Japanese banking giant had earlier proposed a 20% acquisition, including a 13.19% stake purchase from State Bank of India and 6.81% from seven other shareholders such as Axis Bank, HDFC Bank, ...

SBI has asked RBI to permit banks to finance acquisitions, saying current restrictions push companies to NBFCs and bonds.

Banks’ corporate lending has remained tepid as businesses turn to the bond market to meet their funding needs amid falling ...

Mid-week closures will be more widespread as several cities, including Mumbai, Nagpur, Ahmedabad, Bengaluru, Chennai and ...

SBI Chairperson asks RBI to permit banks to finance acquisitions, initially for large listed companies, boosting M&A activity ...

State Bank of India , the country's largest lender by assets, has requested the banking sector regulator to allow banks to ...

Shares of Reliance Power and Reliance Infrastructure slipped sharply on Monday, each hitting their 5% lower circuits, as ...