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ECL Finance to raise up to Rs 2K cr via public issue of bonds

Jul 19 2018

ECL Finance (ECLF) today said it will raise up to Rs 2,000 crore through a pubic issue of bonds.

MEA employees under CBI lens for drawals from GPF accounts

Jul 13 2018

CBI has registered a case against unknown MEA officials for their alleged role in fraudulent withdrawal of Rs 92 lakh from various GPF accounts of the ministry during 2017-2018.

Stocks to watch out for on Thursday, July 12: HCL Tech, ICICI Bank

Jul 12 2018

Indian markets expected to open with positive bias. Key Asian indices showing mixed cues. Nifty resistance seen at 11000 and support at 10750, 10830.

Stocks to watch out for on Wednesday, July 11: TCS, Axis Bank

Jul 11 2018

Key Asian indices are trading in the red as concern over a global trade war resurfaced after the US said it would slap tariffs on extra $200 bn worth of Chinese imports.

Axis Bank shortlists 3 candidates to succeed MD & CEO Shikha Sharma

Jul 10 2018

Axis Bank on Tuesday said it has shortlisted three candidates to succeed the MD & CEO Shikha Sharma, whose term is due to expire in December this year.

Axis Bank CEO Shikha Sharma gets 7.8% hike in basic pay in FY18

Jul 03 2018

Sharma saw her basic salary increase by 7.8 per cent to Rs 2.91 crore last fiscal, according to bank's annual report for 2017-18.

Bajaj Finance surpasses Axis Bank in m-cap ranking

Jun 22 2018

Bajaj Finance has surpassed Axis Bank in terms of market capitalisation, following a surge in its share price which hit a 52-week high during the day today.

Fitch lowers Axis' outlook to -ve,cuts ICICI's support ratings

Jun 15 2018

Fitch said ICICI Bank and Axis Bank have "gaps" in their risk control mechanisms and has revised down its outlook on the latter to negative on sour assets.

Second tranche of Bharat-22 ETF on June 19

Jun 13 2018

The FinMin will launch the second tranche of Bharat-22 ETF on June 19 which will help raise up to Rs 8,400 crore from the markets.

PNB, SBI, 13 others get Moody's counterparty risk ratings

Jun 12 2018

Global ratings agency Moody's Investors Service today gave counterparty risk ratings (CRR) to 15 lenders in the country, including fraud-hit Punjab National Bank and country's largest lender SBI.

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