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[ad_1] A day ahead of its merger with the Indian arm of Singapore-based DBS Bank, the debt-ridden Lakshmi Vilas Bank (LVB) on Thursday has written off bonds worth Rs 318.20 crore as per the existing provisions. As per the effective date of merger notified by the Reserve Bank of India (RBI) on Wednesday, Lakshmi Vilas Bank will lose its identity on Friday as it amalg
[ad_1] ICICI Bank's initiatives to de-risk loans have held it in good-stead with impact on asset quality likely to be manageable. An under-appreciated aspect is that its operating profit grew at 19-20% in FY19-20 & 18% YoY in first half of FY21. It has narrowed the gap with HDFC Bank and as retail growth & corporate-ecosystem banking pay-off
[ad_1] More than six in 10 Indians (67 per cent) said that the majority of their mobile banking logins are simply to check account balances, a new report said on Monday. According to the global IT services firm Accenture, only 42 per cent of respondents rated their primary bank's customer service as excellent and more than half (54 per cent) had problems getting hum
[ad_1] Beyoung is looking forward to employment opportunities for freshers and experienced people with job positions and training sessions for all. The company informed, "Not only this, Beyoung has also initiated a new office space for 150 new hires. Every convenience would be assured and facilities would be taken care of,
[ad_1] "Through this MoU, AIMA MSME shall assist BSE in evaluating SMEs and startups for listing in BSE SME board while also sensitizing its investor network for investing in listed SMEs." BSE became the first stock exchange to get the approval from SEBI and had launched its SME platform on 13th March 2012. (func
[ad_1] In a major development, Bhatia Colour Chem Limited became the 365th company to get listed on the BSE SME Platform on March 24, 2022. Bhatia Colour Chem Limited came out with an initial public offering of 50,00,000 Equity Shares of Rs.10 Each (“Equity Shares”) For Cash at a Price of Rs. 80 Per Equity Share (The “Offer Price”), Aggregating to Rs. 40.00
[ad_1] In a major development, Achyut Healthcare Limited and Evoq Remedies Limited became the 366th and 367th company respectively to get listed on the BSE SME Platform on March 30, 2022. Achyut Healthcare Limited came out with an initial public offering of 18,00,000 Equity Shares of Rs.10 Each (“Equity Shares”) For Cash at a Price of Rs. 20 Per Equity Share (
[ad_1] Over 600 small and medium enterprises have accessed SME platforms of the two major stock exchanges in the country till 2021, and a cumulative amount raised by these entities was over Rs 7,600 crore, an official said here on Friday. Despite COVID-induced disruptions, 64 SMEs had raised about Rs 900 crore from such platforms of the BSE and NSE in 2021, SEBI Who
[ad_1] Mumbai based FEDEX SECURITIES PRIVATE LIMITED and HEM SECURITIES LIMITED, was the lead managers to Kesar India Limited. BSE became the first stock exchange to get the approval from SEBI and launch its SME platform on 13th March 2012. (function ($) { Drupal.behaviors.pagerload = { attach: function
[ad_1] Jodhpur-based PritiHome has announced its plans for launch of offline stores. Aiming to target the potential customers who prefer purchasing from offline stores, the furniture company is expanding its offline presence in major cities across the country, an official statement said. Plans for offline stores "The company is all set to open its first store in J
