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BoB to raise Rs 8,500-crore via share sale

The board also extended the timeline of raising debt capital through tier-I or tier-II bonds of ₹4,000 crore up to March 31, 2026, the bank said.

BoB to raise Rs 8,500-crore via share sale

RBI moves to fine companies for availing foreign guarantee

RBI has told at least two state-owned banks to penalize corporate clients for breaching foreign exchange laws by obtaining guarantees from overseas ba...

RBI moves to fine companies for availing foreign guarantee

RBI imposes restrictions on New India Co-op Bank

The Reserve Bank of India has placed restrictions on New India Co-operative Bank of Mumbai, citing liquidity concerns. With deposits amounting to Rs 2...

RBI imposes restrictions on New India Co-op Bank

Kotak Bank shares gain after RBI lifts curbs

In April 2024, the central bank took supervisory action on Kotak Bank, directing the lender to "cease and desist" onboarding new customers through the...

Kotak Bank shares gain after RBI lifts curbs

Hard bargaining at RBI OMO lifts yields

The RBI also conducted an overnight variable rate repo (VRR) auction for ₹2.75 lakh crore, where RBI received bids for ₹2.35 lakh crore. System liquid...

Hard bargaining at RBI OMO lifts yields

Street's Nine: Big insurers submit IPO plans to IRDAI

The IRDAI had asked 10 large insurance companies, also including Bajaj Allianz Life, Bajaj Allianz General, Tata AIA, and Tata AIG General Insurance, ...

Street's Nine: Big insurers submit IPO plans to IRDAI

Wisconsin Republicans seek to expand state’s low-income housing tax credit

The lawmakers are seeking to expand program funding by nearly $60 million and target more vouchers at the state's rural areas.

Wisconsin Republicans seek to expand state’s low-income housing tax credit

As White House scrutinizes HUD programs, union leaders offer a waste target

Despite a high level of anxiety at HUD, a pair of union leaders said there could be a chance to do away with at least one "inefficient" program.

As White House scrutinizes HUD programs, union leaders offer a waste target

UWM partners with Sphere LOS on a direct integration for brokers

In a Wednesday afternoon LinkedIn post by chief technology officer Jason Bressler, United Wholesale Mortgage (UWM) announced that it's partnering with...

UWM partners with Sphere LOS on a direct integration for brokers

Executive shakeups continue at Douglas Elliman

Stephen Kotler is stepping down as the CEO of the brokerage’s western region, a position he has held since 2016.

Executive shakeups continue at Douglas Elliman

Reverse mortgages could be ‘practical’ long-term care funding option

Assessing the pros and cons, the information positions HECM loans as a potential LTC funding option for homeowners seeking to age in place.

Reverse mortgages could be ‘practical’ long-term care funding option

Kiavi lands another $300M in its latest RTL securitization

San Francisco-based private lender Kiavi announced on Thursday that it has secured $300 million in capital after another securitization of its residen...

Kiavi lands another $300M in its latest RTL securitization

Stock market today: S&P 500 nears record, Dow, Nasdaq jump as Trump announces reciprocal tariffs, delays implementation

Stock market today: S&P 500 nears record, Dow, Nasdaq jump as Trump announces reciprocal tariffs, delays implementation

Vale in advanced talks to sell Brazil renewable assets to GIP, sources say

Vale in advanced talks to sell Brazil renewable assets to GIP, sources say

Lawyers say Alexander brothers haven’t paid them, withdraw from Side lawsuit

Michael Betz and Grayson Marshall are no longer listed as counsel for Tal and Oren Alexander after the brothers allegedly missed payments to the lawye...

Lawyers say Alexander brothers haven’t paid them, withdraw from Side lawsuit

Liberty Reverse parent touts reverse MSRs as ‘natural hedge’

Liberty Reverse's parent company said its reverse mortgage performance is a "multipurpose tool," and announced development of a new private product.

Liberty Reverse parent touts reverse MSRs as ‘natural hedge’

Housing supply hits five-year high, but buyers aren’t playing ball

Nationwide housing inventory showed a glimmer of recovery toward the end of 2024. But these new listings aren't attracting buyers, and pending home sa...

Housing supply hits five-year high, but buyers aren’t playing ball

Trump’s tariffs may perpetuate cost-burdened households

A new analysis from CoreLogic on the Trump administration's recently announced tariffs and their potential impact on housing suggests that tariffs cou...

Trump’s tariffs may perpetuate cost-burdened households

Why Electric Vehicle Stocks Rivian, Wolfspeed, and Indie Semiconductor Rallied Today

Why Electric Vehicle Stocks Rivian, Wolfspeed, and Indie Semiconductor Rallied Today

Why Intel Stock Is Skyrocketing Today

Why Intel Stock Is Skyrocketing Today