MUFG Buys 20% Stake in Shriram Finance for ₹39,564 Cr
Japan's MUFG Bank invests ₹39,564 crore for a 20% stake in Shriram Finance, eyeing future management control and capitalizing on the NBFC's strong RoA. Read the full analysis.
Japan's MUFG Bank invests ₹39,564 crore for a 20% stake in Shriram Finance, eyeing future management control and capitalizing on the NBFC's strong RoA. Read the full analysis.
Years after the Karuvannur cooperative bank scam surfaced, over Rs 260 crore remains locked for 30,078 depositors. Govt data reveals slow repayments hinge on loan recovery. Details inside.
Banks will be shut for up to six days next week in parts of India due to festivals and weekends. Check the full state-wise list of closures and available online services.
The Indian government's shareholding in Indian Overseas Bank has declined to 92.44% after a successful Offer for Sale. The move aligns with Sebi's public shareholding norms. Read the full details.
State-owned banks like Canara Bank and SBI are top picks for Dalal Street in 2025, outperforming private banks. The Nifty PSU Bank index surges 28%, driven by credit growth and strong asset quality. Read more.
Japan's MUFG acquires a 20% stake in Shriram Finance for Rs 39,618 crore, marking the largest FDI in India's financial services sector. This strategic partnership aims to boost capital and global expertise.
Japan's largest bank, MUFG, makes a historic Rs 39,618 crore investment for a 20% stake in Shriram Finance, marking the largest FDI in India's financial services sector. Read details.
Indian Overseas Bank OFS opens at ₹34/share, a 7% discount. Analysts advise long-term investors to consider, but caution short-term traders. Key details inside.
Discover Japan's most popular baby names for 2025! Sui for girls and Minato for boys lead the list, reflecting modern values and parental hopes. See the full rankings and meanings here.
RBI approves HDFC Bank to acquire up to 9.5% stake in IndusInd Bank. The investment will be made by group companies, not the bank directly. Read the full details.
The Reserve Bank of India has permitted HDFC Bank to acquire up to 9.5% stake in IndusInd Bank. The investment will be made by group companies, not HDFC Bank directly. Read the full details here.
RBI grants HDFC Bank approval to acquire up to 9.5% in IndusInd Bank. The move is for portfolio investments, not strategic control. Read the full details and market implications here.
HDFC Bank subsidiaries get RBI approval to acquire up to 9.5% stake in IndusInd Bank. The move signals strong support for the lender. Read the full details here.
RBI grants HDFC Bank group entities approval to collectively hold up to 9.5% in IndusInd Bank. The one-year window ends Dec 2026. Get the latest market impact and analysis.
Banks will be closed for four days next week from 8-14 Dec 2025, but only in specific states. Check the full list of holidays for SBI, PNB, HDFC, ICICI and online banking options.
The Reserve Bank of India has given in-principle approval for Fino Payments Bank to transition into a small finance bank. This marks a major milestone for the 18-year-old company. Read more about the implications and Fino's unique strategy.
Kotak Bank CEO Ashok Vaswani argues full ownership of financial subsidiaries is a strategic advantage, criticizing past stake sales by large banks. Discover the long-term value of integrated conglomerates.
British American Tobacco plans to sell a 7% stake in ITC Hotels this Friday, valued at Rs 3,000 crore, as part of its strategy to exit non-core holdings. Read the full details of the deal.
Discover the 7 daily habits of Japanese students that foster responsibility, respect, and resilience. Learn how these practices shape character and offer lessons for global education systems.
Yes Bank and Union Bank of India set to join NSE's Nifty Bank index, expanding it to 14 stocks. New SEBI rules trigger $670M outflows from HDFC, ICICI Bank. Read the full analysis.
The Indian government's offer for sale in Bank of Maharashtra opens today. The 6% stake sale aims to raise over ₹2,600 crore and help meet SEBI's public shareholding norms. Read key details.
The Indian government will divest up to 6% stake in Bank of Maharashtra via an Offer for Sale starting Dec 2. The move aims to raise ₹2,600 crore and meet Sebi's public shareholding norms.
Learn how to open a bank account online in India with our easy 2025 guide. Get step-by-step instructions, required documents, and tips for a seamless digital banking start.
Punjab National Bank closes applications for 750 Local Bank Officer posts today. Check eligibility, pay scale, and how to apply online at pnb.bank.in before the deadline.
India plans new public sector bank mergers to create global-sized lenders. While aiming to fund major projects, the move raises concerns over heightened systemic risk and concentration. Can India achieve scale without amplifying vulnerabilities?
Banks in Itanagar, Kohima, and Panaji will remain closed next week for state holidays. Check complete December 2025 bank holiday calendar and available online services.
Banks remain operational across India on November 29, 2025, being the fifth Saturday. Check regional exceptions in Arunachal Pradesh and Nagaland. Plan your banking activities accordingly.
Plan your December 2025 finances! The RBI has announced 13 state-wise bank holidays. Check the complete list for Christmas, regional festivals, and long weekends.
An SBI branch in Odisha's Bhadrak became inaccessible for 2 days after an anti-encroachment drive demolished its staircase. Staff & customers used a tractor-mounted ladder. Full story inside.
Public sector banks stage strong comeback with Nifty PSU Bank index surging 1.8%. Indian Bank leads with 65% returns as SBI crosses ₹9 lakh crore market cap. Discover the driving factors behind this impressive rally.