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SBI moves insolvency plea against Jaiprakash Associates before NCLT

SBI moves insolvency plea against Jaiprakash Associates before NCLT

[ad_1] Country's biggest lender SBI has moved the National Company Law Tribunal (NCLT) against Jaiprakash Associates Ltd for initiation of insolvency proceedings against the debt-ridden company. State Bank of India (SBI) in its plea filed before the Allahabad bench of NCLT has claimed a total default of Rs 6,893.15 crore

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Vishakha Mulye | Aditya Birla Capital: ICICI Bank’s Vishakha Mulye to join Aditya Birla Capital as CEO

Vishakha Mulye | Aditya Birla Capital: ICICI Bank’s Vishakha Mulye to join Aditya Birla Capital as CEO

[ad_1] ICICI Bank executive director Vishakha Mulye will be the new chief executive of Aditya Birla Capital, the holding company for the financial services businesses of the Aditya Birla Group. Mulye, a career banker with three decades of experience behind her, will join her new role on June 1 as CEO

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Chinese banks continue to dominate; ICICI latest Indian entrant among top banks in APac

Chinese banks continue to dominate; ICICI latest Indian entrant among top banks in APac

[ad_1] Chinese banks continued to dominate the Asia-Pacific banking scene accounting for six out of the top ten slots by assets in 2021, according to S&P Global Market Intelligence. India's ICICI Bank has entered the top 50 list for the first time to join State Bank of India (SBI) and

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Merger of HDFC entities to increase M&A prominence among banks: Fitch

Merger of HDFC entities to increase M&A prominence among banks: Fitch

[ad_1] The proposed merger of HDFC Bank and HDFC Ltd could redefine the competitive landscape for banks, and increase the prominence of M&A among lenders seeking to close market-share gap with the merged entity, Fitch Ratings said on Tuesday. Fitch believes that the proposed merger of the HDFC entities and

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ICICI Bank : HDFC Bank merger to create entity twice the size of ICICI Bank: S&P

ICICI Bank : HDFC Bank merger to create entity twice the size of ICICI Bank: S&P

[ad_1] HDFC Bank's planned merger with its parent HDFC will make the bank twice the size of ICICI Bank, while bolstering market share and diversifying revenues, S&P Global Ratings said on Monday. In the biggest merger in the corporate history, India's largest housing finance company HDFC will merge with the

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ICICI Bank partners with Chennai Super Kings for co-branded credit card

ICICI Bank partners with Chennai Super Kings for co-branded credit card

[ad_1] ICICI Bank on Wednesday announced that it has launched a co-branded credit card in partnership with Chennai Super Kings (CSK), The ‘Chennai Super Kings ICICI Bank Credit Card’ has been designed with a range of privileges including joining and renewal gift of 2000 reward points that can be redeemed

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