Company says this is the first time it has proposed to raise equity capital since its IPO in 2010
Brokers say many wanting get to their hands on the country's second-largest credit card company have bought shares of parent State Bank of India (SBI) from the secondary market in recent weeks.
Governance is a journey, not a destination
Companies in the Asia-Pacific area are riding a global groundswell in demand for environmental, social and governance (ESG) loans and other feel-good investments
With corporate governance suddenly leaping to forefront of newspaper headlines in India - from ICICI Bank to IL&FS - ESG funds in India may find more takers than the cynics suggest
ESG is a very popular theme of investing to improve companies' performance on responsible practices
A number of mutual funds take environmental, social and corporate governance into account