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SBI, Canara Bank, Vijaya Bank Fail To Pay Dues, Lose Noida Properties

Thursday, September 5, 2019, 8:28 AM

SBI, Canara Bank, Vijaya Bank Fail To Pay Dues, Lose Noida Properties

The Noida Authority on Wednesday said it has cancelled the allotment of properties leased to three banks and a hotel over pending dues of Rs. 156.91-crore, with the SBI alone defaulting payment of Rs. 144.13-crore. Noida Authority CEO Ritu Maheshwari reviewed the allocation of leased/rented assets made by the General Administration Department during which several entities were found to have defaulted on payments.

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F&O: Nifty50 resistance shifts lower; next key support at 10,650 level

Tuesday, September 3, 2019, 5:35 PM

F&O: Nifty50 resistance shifts lower; next key support at 10,650 level

NSE Nifty opened negative and witnessed sustained selling pressure throughout the session. The index drifted sharply towards the 10,770-level in the latter part of the day and formed a-strong-bearish candle on daily scale, as it closed with a loss of over 200-points. Nifty-Bank continued its formation of lower-highs and lower-lows from the past four trading sessions and corrected nearly 600-points to close below 27,000.

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Lenders fail to reach consensus over emergency refuelling of Jet Airways

Tuesday, April 16, 2019, 8:27 PM

Lenders fail to reach consensus over emergency refuelling of Jet Airways

Some lenders to Jet Airways have demanded more pledged shares of founder Naresh Goyal and planes owned by the airline as collateral for advancing further loans, even as the banks' consortium remains sharply divided on additional debt assistance to Jet. The latest condition was communicated to Jet's management in a meeting on Monday evening. A meeting in the morning was inconclusive.

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SBI may buy out Canara Bank's loans in Ratnagiri Gas

Tuesday, December 18, 2018, 7:52 PM

SBI may buy out Canara Bank's loans in Ratnagiri Gas

SBI is looking to buy out Canara Bank's loans of about Rs.400 crore in Ratnagiri Gas and Power Pvt. Ltd, erstwhile Dabhol Power Co., said two people in the know. This is expected to be the first-resolution under the ICA, which is part of government's Project Sashakt aimed at resolving bad loans. An IBA official said they have not received any proposal from SBI.

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New 'cash crisis' hits Kolkata: 76 cases of ATM fraud in just one week

Thursday, August 2, 2018, 7:09 PM

New 'cash crisis' hits Kolkata: 76 cases of ATM fraud in just one week

Kolkata, the city of joy has been struck by a new kind of cash-crisis these days. Since July 24 till date, a total of 76 complaints have been filed in Kolkata. Customers of Canara Bank, Punjab National Bank and Kotak Mahindra Bank have mainly submitted the complaints. So far, approximately Rs 18-20 lakh have been withdrawn by frauds through skimming of ATM cards.

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Canara Bank to raise about Rs.1,000 cr through employee stock purchase

Wednesday, June 27, 2018, 10:42 PM

Canara Bank to raise about Rs.1,000 cr through employee stock purchase

Canara Bank will issue up to 6 crore equity shares to its staff to raise up to Rs.1,000 crore under employee stock purchase scheme. The bank has plans to raise Rs.7,000 crore during 2018-19. "The board has decided to raise equity share capital up to Rs.60 crore, through Canara Bank Employee Share Purchase Scheme amounting to a maximum of Rs.1,000 crore," bank said.

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Canara Bank to raise up to Rs.7,000 crore in FY19

Wednesday, June 13, 2018, 10:33 PM

Canara Bank to raise up to Rs.7,000 crore in FY19

Canara Bank on Wednesday said it will raise up to Rs.7,000 crore through various means, including rights issue and qualified institutional placement (QIPs). The Board has decided to raise equity share capital amounting up to Rs.7,000 crore (including premium) by way of QIP/rights issue/ESPS/ private placement/ preferential allotment/any other approved means during financial year 2018-19.

Article

 

20 June 2008, Friday

List of Mutual Fund Companies in India

  Mutual Fund Companies List in Indian Mutual Fund Industry is growing at a very rapid speed and there are many additions happening to this li ...

1 Pages, 8 Records
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