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 ...

IDBI Bank Privatisation Latest News: Sources told ET NOW that DIPAM has held several rounds of meetings with prospective ...

Capital reduction clears path for planned Hong Kong delisting HSBC Holdings has secured court approval for a scheme of ...

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 ...

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 ...

If approved, the $13.6 billion transaction would delist one of Hong Kong’s largest domestic banks from the Hong Kong Stock Exchange. The Hongkong and Shanghai Banking Corporation (HSBC) has proposed ...