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Indian banking

HDFC Bank Gets Cabinet Nod For Rs. 24,000 Crore FDI

New Delhi: The Union cabinet headed by Prime Minister Narendra Modi has approved the proposal of HDFC Bank to raise additional capital of Rs 24,000 crore by selling equity to foreign investors to fund its business growth. The additional…

PNB fraud case: SFIO summons ICICI Bank Chief, Axis Bank MD

KalingaTV News Network Mumbai: The Serious Fraud Investigation Office (SFIO) summoned ICICI Bank Chief Chanda Kocchar and Axis Bank Managing Director Shikha Sharma for interrogation in connection to the the multi-crore Punjab National…

RBI launches Ombudsman scheme for NBFCs

KalingaTV News Network Mumbai: The Reserve Bank of India (RBI) has launched Ombudsman Scheme for non-banking financial companies (NBFCs) for redressal of complaints against them. The RBI, in a statement, said the scheme will provide a…