Announces ambitious 5-year expansion plan stock hits all-time high
Continued capital inflows, strengtening of euro supports rupee
The coupon rate on the bond is 9.29% per annum
Recently, Federal Bank and Dena Bank also increased rates on deposits of some maturities, by 25-30 bps
The new guidelines could lead to a dip in NBFCs profitability by 15-20 bps over the medium term
This may come via allotment of equity shares, rights issue, etc
Says product structure a hurdle in implementing CAG report
The process of inviting the applications could take more time
Strengthening of euro against the American currency overseas supported the rupee
The branch will facilitate Direct Cash Transfer of benefits under various government schemes
The body of RBI staff will protest its decision to close currency notes and coins issue counters
Asset quality of banks has seen considerable deterioration due to economic slowdown, says RBI report
The private lender granted over 2.4 mn shares at Rs 474 each