Temasek Holdings Pte and SBI Mutual Fund also bought shares, the bank’s founder and Chief Executive Officer Chandra Shekhar Ghosh said in an interview on Monday. GIC got the Reserve Bank of India’s approval to raise its stake in the lender to 10% from 4.9%, he said.
VIB also proves a leader in retail business with key products such as mortgage loans, credit cards, MyVIB; taking the lead in auto loan market share; and holding no.1 position in bancassurance distribution in Vietnam. VIB is also a leader in retail business with key products such as mortgage loans, credit cards, MyVIB; taking the […]
Its outstanding loan balance is expected to jump 24 per cent (depending on the approval of the central bank [SBV]). Deposits, including deposits from customers and valued papers issued, will also be up 19 per cent. Under the impact of COVID-19 on business performance, the bank expects profit of at least VND4.5 trillion ($195.65 million). Return […]