Banks and financial institutions have a total exposure of Rs 1,800 crore to the project
Issue arrangers say final guidance for issue has been set at 360 basis points above US treasuries
The refinance will be available against receivables, including export receivables, outstanding from Nov 14 onwards
The initial pricing is 3.75% over the US treasury
The earlier estimate was 18%
In the entire 2012-13, Indian companies had raked in a staggering Rs 3.5 lakh crore, the highest in 12 years
The central bank says that the banks have failed to implement efficient and speedy measures for recovering stressed assets
On Monday, RBI will purchase bonds worth Rs 8,000 crore in the 7.17%-2015, 7.59%-2016, 7.18%-2018 and 8.20%-2025 maturity basket
Says retro debt recast killed credit quality; loan loss ratio slips below 50%
Of the targeted Rs 17,135 cr credit offtake set for the fiscal, banks have already advanced Rs 14,541 cr till September end
CDR has gone up to Rs 2.7 lakh crore
Assets of non-bank financial intermediaries grew by $5 trillion in 2012 to reach $71 trillion
Bank hopes to complete sell process by January end or early February
IOB's gross non-performing asset ratio at the end of September, 2013 was 4.65%, while its net bad loan ratio was 2.83%
Govt to inject Rs 2,000 cr capital in the bank in 2013-14
According to Chidambaram, quality of banking, products is the next challenge that the industry is facing
Measures in next few weeks to ensure fair recovery of distressed loans; Rajan keeps market guessing on rate cut