Axis Bank announces deposit rate cut by up to 0.20%
After the Reserve Bank’s policy announcement, the private sector lender Axis Bank has on Wednesday announced a deposit rate cut of up to 0.20 percent....
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RBI allows FIIs to buy more shares in Axis Bank
On Wednesday, the Reserve Bank of India has allowed foreign investors to buy further shares in the private lender Axis Bank as the stipulated limit...
L&T gets Rs 468 crore contract from Ministry of Defence for construction of floating dock
Larsen & Toubro (L&T) gets Rs 468 crore contract from the Ministry of Defence for the design and construction of a floating dock for the...
PNB slashed fixed deposit rate by 0.25 percent on select matuarities
The Punjab National Bank has slashed the interest rate on fixed deposits by 0.25 percent on select maturities. PNB said that the reduction will be...
V R Iyer has been appointed as Member (Finance) of Irdai
V R Iyer, the retired Chairperson and Managing Director of Bank of India has been appointed as Member (Finance) of the Insurance Regulatory and Development...
Apollo Hospital has acquired 51 percent stake in Assam Hospital
The Apollo Hospital Enterprise has acquired 51 percent stake in Assam Hospitals for the purpose of strengthening its presence in the north-eastern region. Apollo Hospitals...
L&T Infra going to raise up to Rs 50 crore through debenture
On Tuesday, the L&T Infrastructure Finance Company said that it will be raising up to Rs 50 crore debt through private placement. In a BSE...
BHEL gets its largest order worth Rs 18,000 crore in Telangana
BHEL has acquired its biggest order amounting to Rs 17,950 crore from Telangana State Power Generation Corp (TSGENCO) to set up a 4,000 MW plant...
Allahabad Bank cuts its base rate by 0.3%
Within hours of RBI’s reduction in its key policy rate third time this year, the Allahabad Bank has cut its base rate or minimum lending...
SBI cuts car loans interest rate for women borrowers
The State Bank of India on Tuesday said that it has lowered the interest rates on car loans by 25 basis points for its women...