Banking/Financial Services industry press releases
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Thursday, 2nd Feb 2012
Sahara solemnizes 101 marriages of underprivileged in its annual 'Samuhik Vivah Samaroh'Marriages of Hindu, Muslim, Sikh & Christian couples were solemnized in a grand ceremony Organized since 2004 till date, 909 couples have been blessed More...
YES BANK presents 3rd Business Today SME Awards 2011Awards' popularity records over 2.8 lakh applications from leading SMEs Awardees felicitated by Union Minister Shri Virbhadra Singh at a glittering ceremony More...
Broadridge and IiAS Announce Alliance for Sales and Distribution of Proxy Research and Vote Recommendations for Listed Companies in IndiaBroadridge Financial Solutions, Inc. (NYSE:BR) and Institutional Investor Advisory Services India Limited (IiAS) today jointly announced an alliance for the sale and distribution of IiAS proxy research and vote recommendations for listed Indian companies through Broadridge's ProxyEdge® voting platform More...
EdelGive Foundation identifies 13 NGOs across India for the EdelGive Social Innovation Honours 20121) Over 250 NGOs applied for the awards 2) Top 13 organisations shortlisted across four categories of Health & Well Being, Education, Economic Security & Livelihoods, Rights and Representation 3) INR 50 Lakhs to be awarded to the winners across four categories More...
Wednesday, 1st Feb 2012
MFI Ujjivan raises Rs.127.9 Crores (USD 25.5 Million) in equityUjjivan Financial Services, one of India's leading urban poor-focused microfinance institutions, raised Rs. 127.9 Crores (USD 25.5 Million) in its fifth round of equity funding. Two new Foreign Institutional Investors FMO (Netherlands Development Finance Company) and WCP Mauritius Holdings III (Wolfensohn Capital Partners) and existing investors participated in this round.... More...
IDFC Tranche 2 Long Term Infrastructure Bonds Salaried Tax payers can save tax & avail effective yield of 16.54% on investing Rs. 20,000 between Jan-March 2012The Tranche 2 Long Term Infrastructure Bonds offering from IDFC (Infrastructure Development Finance Company) is an attractive tax savings option for investors and is also tempting for salaried tax payers as they can now avail an effective annual yield of 16.54% for a five year period by investing Rs. 20,000. More...
Monday, 30th Jan 2012
Repayment of 12% IDBI SLR Bonds 2012 (62nd Series)The principal amount of the captioned bond series is repayable at par on March 10, 2012 (March 11, 2012 being Sunday). Accordingly, interest on these bonds will accrue upto March 10, 2012 will be paid on March 12, 2012 More...
RIL's Long-term Credit Rating Unaffected : Standard's & PoorStandard & Poor (S&P), a US based financial service company recently released a statement remarking that the long term corporate credit rating on Mukesh Ambani. More...
IFC Invests in Mahindra Solar One in Rajasthan to Help Electrify Rural IndiaIFC is providing $5 million in debt financing to Mahindra Solar One for a 5-megawatt solar power project in the Indian state of Rajasthan to expand access to clean energy in rural areas and address climate change. More...
9th wave of Investment Confidence Index by J.P. Morgan Asset ManagementToday, JPMorgan Asset Management India Pvt. Ltd. (JPMAMIPL) in association with ValueNotes announced the findings of the ninth wave of the Investment Confidence Index (ICI) in India. More...
Muthoot Fincorp forays into Madhya Pradesh by launching three branches in BhopalMr. Thomas John Muthoot, Chairman and Managing Director, Muthoot Pappachan Group mentioned: "Madhya Pradesh, popularly known as "The heart of Incredible India", More...
Wednesday, 25th Jan 2012
Rang De presents Robin Sharma Live in Bangalore!Rang De - a non profit organisation based in Bangalore is hosting Robin Sharma for a Leadership event at Taj Vivanta, Yeshwanthpur on 29th February. The seminar is titled "Lead without A Title - Winning Leadership Lessons to Build a Great Organisation." More...
India Infoline Venture Capital Fund's 'IIFL Real Estate Fund (Domestic) Series 1" raises Rs. 500 croreThe Fund marks the India Infoline group's successful foray into the private equity space More...
Tuesday, 24th Jan 2012
YES BANK announces Q3FY12 and 9MFY12 Financial ResultsNet Profit of ` 254.1 crore in Q3 FY12; y-o-y growth of 33.0%; Net Profit of ` 705.2 crore in 9M FY12 ; y-o-y growth of 34.6%; Savings Account deposits increased by 99.2% y-o-y & 40.0% q-o-q driven by YES BANK's pioneering of 7% interest rate; CASA Ratio improves by 1.6% q-o-q ; Capital Adequacy Ratio at 16.1% with Tier I Ratio of 9.2% (Tier I Ratio at 9.7% including Q3 FY... More...
Thursday, 19th Jan 2012
Innovation and Stability: HDFC Bank Has Demonstrated BothHarvard Business Review South Asia defines what makes HDFC Bank one of the top 5 companies which grew both revenues and net income annually over a period of 10 years. More...