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SC seeks Cabinet records in Rs 8,415-crore Yes Bank AT-1 bond write-off case
The Supreme Court on Wednesday pulled up the Finance Ministry over the 2023 write-off of Yes Bank’s Rs 8,415 crore AT-1 bonds and asked Solicitor General Tushar Mehta to produce Cabinet meeting records, quorum details and related documents by 3 PM.
Bandhan Bank, Urban Company among 18 smallcaps where promoters decreased their stakes in Q4
Promoters reduced their holdings in 18 smallcap companies during the January to March quarter. Bandhan Bank, Urban Company, and Aadhar Housing Finance are among those where promoter stakes fell. This trend was identified in a report by JM Financial. Investors are watching these movements closely.
Axis Bank allots 2.57 lakh equity shares under ESOP
The paid-up share capital of the Bank has accordingly increased from Rs. 6,218,694,160 (3,109,347,080 equity shares of Rs. 2/- each) to Rs. 6,219,209,828 (3,109,604,914 equity shares of Rs. 2/- each).
RBI proposes same norms of disclosure for all banks
The Reserve Bank of India is proposing new rules for banks. These rules will standardize how banks report their capital strength. This applies to all banks, including foreign ones. The goal is to make it easier for people to understand and compare bank performance. Banks will need to use specific formats and report figures in rupees crore.
RBI proposes same norms of disclosure for all banks
The Reserve Bank of India is proposing new rules for banks. These rules will standardize how banks report their capital strength. This applies to all banks, including foreign ones. The goal is to make it easier for people to understand and compare bank performance. Banks will need to use specific formats and report figures in rupees crore.
RBI Cancels Licence Of Maharashtra's The Yashwant Co-Operative Bank Over Weak Financial Position
RBI ordered the closure of The Yashwant Co-operative Bank, saying the lender lacked adequate capital.
RBI cancels licence of Maharashtra-based The Yashwant Co-op Bank
The Reserve Bank of India has cancelled the license of The Yashwant Co-operative Bank, Phaltan, Maharashtra, citing inadequate capital and poor earning prospects. The bank's operations will cease from May 19, 2026, with depositors to receive insurance claims up to Rs 5 lakh. Approximately 99.02% of depositors are expected to receive their full deposit amounts.
Explained - Why TVS Motor shares are down 13% in the last eight sessions
Brokerages Elara and Axis Capital have raised concerns regarding the TVS Motor's capital allocation policy after the company announced a ₹193 crore investment in Jana Small Finance Bank.
IIFL Capital initiates coverage on Aye Finance with 'Buy', sees 40% upside
IIFL Capital expects the company to deliver a 27 per cent AUM CAGR over FY26-FY29, while profit after tax (PAT) is projected to grow at a stronger 44 per cent CAGR
AU Small Finance Bank collaborates with Intellect to accelerate its AI-first banking transition
AU Small Finance Bank (AU SFB) announced its collaboration with Intellect Design Arena, a global leader in AI-First, enterprise-grade financial technology, adopting its Purple Fabric platform, the world's first Open Business Impact AI platform. Through this collaboration, AU SFB aims to accelerate its journey towards becoming an AI-first bank and build a scalable, technology-led banking franchise powered by enterprise-wide intelligence.
Small-cap NBFC stock Aye Finance rises 5% after IIFL Capital initiates coverage with 'buy'
Aye Finance shares surged 5% as brokerage IIFL Capital initiated coverage with a 'buy' rating, predicting a 40% upside potential. The small-cap stock has been witnessing healthy buying interest recently.
TVS VENU to acquire minor stake in Jana Small Finance Bank
TVS VENU has agreed to acquire a minority stake in Jana Small Finance Bank through a combination of primary issuance of warrants and a secondary purchase for an equity ownership of up to 9.9% on a fully diluted basis, which includes 4.9% to be owned by TVS Motor Company, subject to all applicable approvals.