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India doesn't expect to complete sale of IDBI Bank this fiscal year
Reuters via Yahoo Singapore Finance· 8 months agoThe Indian government does not expect to conclude the sale of IDBI Bank by the end of the financial...
India cenbank likely to complete vetting bidders for IDBI Bank by Oct-end - sources
Reuters via Yahoo Singapore Finance· 9 months agoIndia's central bank is expected to accelerate a key process of vetting IDBI Bank's potential buyers...
India central bank begins evaluating potential bidders for IDBI Bank -sources
Reuters via Yahoo Singapore Finance· 1 year agoMUMBAI (Reuters) -The Reserve Bank of India (RBI) has begun evaluating at least five potential...
Indian investors favour long-term bonds anticipating conservative budget
Reuters via Yahoo News Singapore· 5 months agoIndian funds, insurers and banks have increased their positions in longer-duration bonds in...
India removes long-term tax benefits for debt mutual funds
Reuters via Yahoo News Singapore· 1 year ago"Indexation benefit from debt mutual funds has been removed and this could reduce inflows in debt...
Fairfax India Holdings unit sells 9.7% stake in CSB Bank for $70 million
Reuters via Yahoo Singapore Finance· 2 weeks agoMUMBAI (Reuters) - Fairfax India Holdings Corp said on Thursday its wholly-owned subsidiary, FIH Mauritius Investments, sold a 9.7% stake in Indian private lender CSB Bank to comply with regulatory ...
CSB Bancorp Inc (CSBB) Reports Decline in Q1 Earnings Amid Rising Interest Rate Environment
GuruFocus.com via Yahoo Singapore Finance· 2 months agoDiluted Earnings Per Share: $1.10 in Q1 2024, down from $1.46 in Q1 2023. Net Income: $2,933,000 in Q1 2024, a decrease from $3,934,000 in Q1 2023. Return on Average Assets: 1.02% in Q1 2024 ...
India's CSB Bank promoter gets RBI nod to retain 26% stake in lender
Reuters via Yahoo Singapore Finance· 7 months agoThe promoter of India's CSB Bank has received approval from the Reserve Bank of India to retain a 26% stake in the lender, instead of 15% as advised by the central bank earlier, CSB said on ...
Indian pvt banks make largest single-day govt bond purchase in 7 years
Reuters via Yahoo Singapore Finance· 8 months agoIndian private sector banks made the largest single-session purchase of government bonds in seven years on Friday, including a big investment on behalf of a corporate, traders said. These banks ...
Indian lenders to chase corporate bonds as new investment rules kick in, treasury officials say
Reuters via Yahoo News Singapore· 4 months agoIndian banks will gravitate towards corporate bonds they intend to hold until maturity once new central bank rules kick in next month, as yields are currently elevated and the investments would ...