Gopika Gopakumar
Stories by Gopika Gopakumar
Deutsche Bank appoints Kaushik Shaparia as new India head
Shaparia currently serves as the Asia Pacific Head of Trade Finance & Cash Management for Corporates for Regional Operations at Deutsche Bank (China
India: Jet Airways may raise $560m via rights issue if Etihad open offer fails
The decision to raise funds through rights issues comes after the domestic lenders decided to convert existing debt into 114 million shares at a consi
India: Bandhan Bank eyes inorganic options to cut promoter stake
Reserve Bank of India came down heavily on the bank for failing to cut the shareholding of its non-operating financial holding company to 40%.
Indian Bank, PNB to exit credit data firm Experian
Experian was set up in 2010 by Gus Holdings BV, Netherlands, and some domestic public and private sector banks and non-banking financial companies to
Yes Bank to seek RBI’s nod to extend CEO Rana Kapoor’s term
In June, Kapoor had sought a three-year extension till 31 August 2021, but the regulator had agreed to extend his tenure only till 31 January 2019.
Dena Bank’s board approves merger with Bank of Baroda, Vijaya Bank
The merged entity, comprising two relatively stronger banks and a weak one, will be the third-largest lender in India, after State Bank of India and H
India seeks merger of state-run Bank of Baroda, Dena and Vijaya Bank
The merged entity, comprising two relatively stronger banks and a weak one, will be the third-largest lender in India after State Bank of India and HD
Singapore’s Temasek to invest $400m in NIIF’s Master Fund
Temasek joins government of India, ADIA, HDFC Group, ICICI Bank, Kotak Mahindra Life Insurance and Axis Bank as investors in NIIF’s Master Fund.
India: JM Financial ARC offers to buy out SBI’s loan to Bombay Rayon for $128m
SBI has a Rs2,260 crore exposure to Bombay Rayon, meaning India’s largest bank will have to accept a 60% discount if it agreed to the deal.
Reserve Bank of India rejects Kotak’s proposal to reduce promoter holding
RBI has communicated to the company that PNCPS issuance doesn’t meet its promoter holding dilution requirement.
