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Business News: Srei Administrator to seek lenders nod to control cash flows of two bankrupt companies

Srei Administrator to seek lenders' nod to control cash flows of two bankrupt companies : Rashtra News The administrator of Srei Infrastructure Finance and Srei Equipment Finance, Rajneesh Sharma, will seek a mandate from lenders to control the cash flows of the subsidiaries of the two bankrupt companies and appoint EY as its financial advisor,

Sebi may announce exemptions for few PSBs, CPSEs to meet minimum public shareholding norms: Report

Central Bank, Indian Overseas Bank (IOB), UCO Bank and Punjab & Sind Bank are a few PSBs with over 90 per cent government stake

Home loan interest rates April 2024: Banks offering cheapest interest rates for home loans above Rs 75 lakh

Latest home loan interest rates: When evaluating the eligibility of your home loan, you should examine its cost. Here is a list of banks’ home loan interest rates for April 2024 .

UCO Bank Reports Strong Growth in Advances and Deposits, Despite Profit Decline

The CASA ratio improved to 39.25% as of March 31, 2024, compared to 37.82% as of March 31, 2023, and 37.61% as of December 31, 2023.

Govt mulls ESOPs for PSB employees; decision expected after Lok Sabha election 2024, Deloitte to advise on framework

PSBs in India may soon offer stock options to employees as the government rekindles discussions on ESOP. This long-standing demand from PSB could help them retain talent in a competitive market. The decision is expected after Lok Sabha elections 2024 with a framework being developed by Deloitte.

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