Italy’s UniCredit stunned markets by clandestinely raising its stake in Germany’s second-largest lender to 21%. As Commerzbank’s management now tries to fend off a possible takeover, the government stands by its side. Why has UniCredit...
The Prime Minister MUDRA loan Yojana scheme launched in April 2015 sanctioned ₹ 5.71 lakh crores of credit till December 2017. The scheme helps small business owners get loans from lending institutions ranging from ₹...
The biggest lender in debt-stricken Greece, the National Bank NGB, has announced that it raised the necessary amount of private capital to avoid nationalization. It secured even more money than required by law. The National...
