Engineering major Larsen & Toubro will pick up nearly a 10 per cent stake in the Kumbakonam-based City Union Bank for Rs 45 crore. The company will subscribe to the preferential allotment of 2.66......
The market regulator’s newly proposed selection criteria for the over Rs 400-trillion-a-day futures and options (F&O) market could pave the way for the entry of popular stocks such as Life......
More than half a dozen private-sector banks are awaiting regulatory approval for the appointment of a second whole-time director on their boards. Photograph: Ajay Verma/Reuters In a notification......
The index is currently trading at 149 per cent of its historical P/B valuation, surpassing its previous peak of 125 per cent made in 2020-21. Illustration: Dominic Xavier/Rediff.com Indian......
In a move to strengthen governance in private sector banks and wholly-owned subsidiaries of foreign banks, the Reserve Bank of India (RBI) on Wednesday directed them to have at least two wholetime......