Sundaram Finance to exit BNP Paribas Sundaram Global Securities

Last Updated: Tuesday, August 4, 2015, 16:06

Sundaram Finance on Tuesday said it will sell its entire stake in subsidiary BNP Paribas Sundaram Global Securities for a total consideration of Rs 44.29 crore.

BNP Paribas acquires Sharekhan for about Rs 2,000-crore

Last Updated: Thursday, July 30, 2015, 13:29

French banking giant BNP Paribas on Thursday acquired homegrown brokerage firm Sharekhan in an estimated Rs 2,000 crore deal, as it seeks to expand retail broking operations here.

SBI Life Insurance targets 30% growth in first-year premiums

Last Updated: Saturday, July 4, 2015, 20:41

Mumbai-based SBI Life Insurance said on Saturday that it is targeting a 30 percent growth in first-year premiums this fiscal.

BNP Paribas sees ideal conditions for 0.25% rate cut on June 2

Last Updated: Thursday, May 28, 2015, 18:36

Stating that conditions are ideal for rate cut, French brokerage BNP Paribas on Thursday said a 0.25 percent reduction can help discussions between the central bank and the Finance Ministry on setting up of inflation targeting panel.

Stake dilution in SBI Life to be finalised in 3-4 months

Last Updated: Sunday, May 17, 2015, 15:44

It is believed that the foreign partner is most likely to increase its stake in the leading life insurance firm promoted by the country's largest lender State Bank of India (SBI).

Sundaram BNP Paribas to raise Rs 2,500 cr this fiscal

Last Updated: Thursday, April 30, 2015, 21:42

City-based Sundaram BNP Paribas Home Finance, the home finance subsidiary of Sundaram Finance Ltd, is looking at raising funds worth Rs 2,500 crore this fiscal as part of its expansion plans.

BNP Paribas Q1 profit rises 17.5 pct as euro zone loan demand revives

Last Updated: Thursday, April 30, 2015, 13:25

Boosted by firm investment banking activity, France's biggest bank reported net income of 1.648 billion euros ($1.83 billion), up from 1.403 in the first three months of 2014.

Sundaram BNP Paribas slashes home loan rates

Last Updated: Monday, April 13, 2015, 20:47

Sundaram BNP Paribas Home Finance on Monday announced a 20-basis point cut in its interest rates to 9.95 percent from the earlier 10.15 percent.

Adani dismisses French banks' Australia coal project snub

Last Updated: Thursday, April 9, 2015, 09:11

India's Adani Group on Thursday brushed aside a decision by three leading French banks not to fund huge coal industry projects in Australia`s Galilee Basin near the Great Barrier Reef, saying it had "no bearing" on the company.

Despite US fine, BNP Paribas turns 2014 profit

Last Updated: Thursday, February 5, 2015, 23:53

BNP Paribas surmounted the 6.6 billion euro (USD 8.9 billion) fine imposed by US authorities to post profits in 2014, the French bank said today, but warned tightening business conditions could undermine future results.

BNP Paribas expects GDP to touch 5.1% in FY15

Last Updated: Tuesday, January 21, 2014, 20:48

The estimates of analysts and watchers vary, with some brokerages going as low as the four percent levels.

Corporate earnings likely to be good in Q3: BNP Paribas

Last Updated: Friday, January 10, 2014, 19:31

Corporate earnings are likely to be good in the third quarter of the current fiscal and they will impact equity movements in the medium term, foreign broking firm BNP Paribas said today.