SBI has raised Rs 20,000 crore through infra bonds while Canara Bank has raised Rs 10,000 crore
Reduced hedging cost, appetite for high-yield bonds help big-dollar borrowing
Sources say the company may approach NCLAT in the next few days
Canara Bank raises Rs 10,000 crore at 7.4% through 10-yr bonds
SBI to follow suit with 444-day plan at 7.25%
Interest income was down 19.8 per cent to Rs 162 crore in Q1FY25 as against Rs 202 crore in Q1FY24
Vaswani highlighted that the most important stakeholder in the bank are customers
Issuers live on the platform cater to 80-85% customers
Industry should be 'permitted to carry out certain activities restricted to banks', says FIDC
UPI services will be unavailable for customers from 3:00 AM to 3:45 AM and from 9:30 AM to 12:45 PM on July 13, 2024
80 per cent haircut for lenders if offer accepted
Several other state-owned lenders such as Canara Bank and Bank of India are also planning to raise funds through infrastructure bonds
Ghosh's abrupt departure surprised many, given the bank's board had in November last year approved extending his tenure until 2027, subject to the banking regulator's approval
When asked if the regulator has been asking them to increase market share, Bansal said the need is to focus on growing the Unified Payments Interface (UPI) ecosystem
Participation of banks as originators offsets impact of HDFC's exit from market
Entities submitting EoIs will be allowed to conduct due diligence on the asset by August 5, following which binding bids will be invited during the e-auction on a 100 per cent cash basis
Bank called for a Swiss auction for 5 accounts after receiving binding bids from a list of 25 accounts for sale
Kesh currently holds the position of executive director & chief operating officer at the bank
HDFC Bank's weightage in it will double, leading to strong inflows. Following the disclosure, the bank's share price touched an all-time high but since then it has shed some of its gains
According to Bloomberg analysts, listed banks are forecasted to see a 14.5 per cent year-on-year (Y-o-Y) increase in net profit