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Recently, market regulator Sebi made it mandatory for listed banks to disclose bad loan divergence within a day of receiving the risk assessment report from the RBI.Public sector lender Punjab National Bank (PNB) under-reported its…

Founded in 2008, EaseMyTrip is an online travel agency market with offices across various Indian cities, including Noida, Bengaluru, Mumbai and Hyderabad. IOnline travel company EaseMyTrip has filed draft papers with capital markets…

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Amul said it passes on almost 80 paise of every rupee paid by consumers for milk and milk products to the producers.India’s leading milk supplier Amul on Saturday raised milk prices by Rs 2 per litre in Gujarat, Delhi-NCR, West Bengal…

Consequently, based on the divergence assessed by RBI in provisioning for bad loans, PNB said it would have reported a net loss of Rs 11,335.90 crore for FY19 as opposed to a net loss of Rs 9,975.49 crore.Public sector lender Punjab…

CSB Bank shares are down to Rs 235.75, down 21% from their listing price of Rs 299, while Ujjivan Small Finance Bank shares closed at Rs 52.05 on Friday.After a bumper listing, shares of new issues CSB Bank and Ujjivan Small Finance Bank…

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In the allotment process, applications were received in the case of six out of 15 coal mines, the coal ministry said in a release.The Coal Ministry on Friday said it is considering allotment of six coal mines that have been marked for…

Glimmers of improvement in the sector come almost 18 months after the first default by major lender IL&FS Group. (Reuters)The fortunes of India’s shadow banks are showing tentative signs of recovery, indicating that a prolonged…

After the conclusion of the non-compete period on the Agila transaction, STR will build a portfolio of sterile injectables which are either under the shortage list or facing challenges in terms of manufacturing.Strides Pharma’s (STR) US…