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Banking industry news
475 posts
RBL Bank appoints Rajeev Ahuja as interim CEO
RBL Bank (formerly Ratnakar Bank) has appointed its existing executive director — Rajeev Ahuja as the interim managing…
RBL Bank gets RBI authorization to collect indirect taxes
Mumbai-based RBL Bank (formerly Ratnakar Bank) said that it has been given authorization from the Reserve Bank of…
Axis Bank allots 49.2k equity shares under ESOP scheme
Indian private banking group Axis Bank said that it has allotted 49,283 equity shares, priced at INR 2…
HDFC Bank allots 6.9 lakh equity shares under employee stock option scheme
HDFC Bank allots 6.9 lakh equity shares under ESOS, raising paid-up capital to INR 5.541B. Find out why employee stock options matter in India’s banking sector.
Axis Bank allocates 2,38,802 shares under ESOP Scheme
Axis Bank said that it has allotted 2,38,802 of its equity shares priced at INR 2 each on…
ICICI Bank introduces Trade Emerge online platform for exporters and importers
ICICI Bank has launched ‘Trade Emerge’, an online platform to serve exporters and importers across India with comprehensive…
Capri Global Capital and Union Bank of India partner to offer MSME loans
Capri Global Capital Limited (CGCL) and Union Bank of India (UBI) have entered into a co-lending agreement to…
Simmons First National to acquire smaller rival Spirit of Texas Bancshares for $581m
Simmons First National Corporation, the owner of Simmons Bank, has agreed to acquire smaller rival US bank holding…
Axis Bank allocates 40.9k shares under ESOP Scheme
Axis Bank said that it has allotted 40,940 of its equity shares priced at INR 2 each on…
ICICI Bank, Indian Army renew MoU to enhance Defence Salary Account benefits
ICICI Bank and the Indian Army have renewed their memorandum of understanding (MoU) under which the former will…