Bank Image Source News Today

Life Insurance Corporation of India (LIC) has obtained approval from the Reserve Bank of India (RBI) to acquire an aggregate holding of up to 9.99% of the paid-up share capital or voting rights of HDFC Bank Limited in accordance with Regulation 30 of the SEBI Listing Regulations. , Companies News, Times Now

URL copied Cabinet approves strategic disinvestment of IDBI Bank The Cabinet Committee on Economic Affairs (CCEA) has given its in-principle approval for strategic disinvestment along with transfer of management control in IDBI Bank Ltd. The extent of respective shareholding to be divested by the GoI and LIC, shall be decided at the time of structuring of transaction in consultation with the RBI, said an official statement. The Government of India (GoI) and the LIC together own more t...

URL copied CBI, bank fraud, SBI, Bank of Baroda, Bank of India, Dena Bank, IDBI Bank The Central Bureau of Investigation (CBI) has registered two separate cases related to bank fraud and conducted searches at 8 locations in Delhi, Ahmedabad, Gandhinagar and Gurgaon.   The first case was registered against a private company based at Ahmedabad and others including its Directors and unknown public servants/persons on a complaint from State Bank of India. It was alleged that the said c...