IDBI Bank Privatisation: The long-awaited privatisation of IDBI Bank is likely to be completed by the end of this month. The central government has set a clear target to finalize the disinvestment ...

HSBC receives strong backing from Hang Seng Bank’s independent shareholders, getting 85.75 per cent of the votes.

Nomura gives IDFC First Bank a 'Buy' rating with a 23.5% upside; explore if this multi-year transition signals a fresh growth ...

Shares of Chinese regional lender Shengjing Bank Co. surged as much as 23% in Hong Kong trading on Monday, after its state-backed shareholder said it will raise an offer to take the bank private. The ...

IBN's impressive revenue growth from $613m to $5665m is more than ninefold in the last 5 years. The recent RBI rate cut will have a positive impact on the bank's balance sheet. The report shows us ...

The government may revisit its bank privatisation strategy and form a new panel to choose public sector banks for privatisation. In the past year, the Nifty PSU Bank Index has increased 65.4% against ...

HSBC Holdings plans to take Hang Seng Bank private in a deal that values the Hong Kong lender at US$37.30 billion. U.K.-based HSBC said the privatization proposal reflects its "strong conviction in ...