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State Bank of India set for UK restructuring
SBI's UK operations will transform into a subsidiary named State Bank of India UK Limited from April 1.
26 Feb 2018 11:24 AM
Idea fixes Rs 82.50 per share to raise Rs 3,500 crore via QIP
Shareholders of Idea Cellular have recently invested Rs 3,250 cr to strengthen company's balance sheet.
21 Feb 2018 12:38 PM
SBI expects loan demand to rise with government spending
Next tranche of capital allocation will be strictly based on performance of banks against reform measures suggested by govt.
25 Jan 2018 10:05 AM
Rs 80,000 crore PSB recap bonds won't impact fiscal deficit: Finance Ministry
Government has pegged the fiscal deficit target at 3.2 per cent of the GDP for the current fiscal.
24 Jan 2018 5:35 PM
Govt to infuse over Rs 88,000 crore in 20 public banks
During the current fiscal, ending March 31, SBI will get Rs 8,800 cr capital and Bank of India, Rs 9,232 crore.
24 Jan 2018 5:02 PM
Bank of India postpones Rs 3,000 crore QIP plan
Govt decided to infuse Rs 2,257 crore capital support into bank obviating need for capital immediately.
15 Jan 2018 10:35 AM
Listed SMEs to touch 1,000 in next 2 years: Merchant banker
SMEs have very well embraced the idea of raising equity through IPO route in the last couple of years.
08 Jan 2018 1:41 PM
Govt to infuse Rs 7,577 crore in 6 weak PSU banks
Arun Jaitley in Oct had announced an unprecedented Rs 2.11 lakh crore two-year road map to strengthen PSBs.
03 Jan 2018 4:56 PM
Govt to push ahead with banking reforms in New Year
Of the Rs 2.11 lakh crore package, Rs 1.35 lakh crore would be infused through recapitalisation bonds.
28 Dec 2017 11:15 AM
Bank of Baroda to raise Rs 4,000 crore from bonds
Banks can write off such investments or convert them into common equity if approved by the RBI.
23 Dec 2017 11:35 AM
'Rise in IPO activity may fuel credit growth in some sectors'
Rise in IPOs presents a good picture for businesses and corporates as it represents a better options to raise money.
04 Dec 2017 3:50 PM
Hindalco board to take up Rs 4,400 cr funds raising via debt
The meeting of the board of directors is scheduled for August 11.
07 Aug 2017 2:22 PM
PSU banks need Rs 1.9 lakh cr capital by March 2019: S&P
Public sector banks will need substantial capital to make large haircuts on loans to unviable stressed projects.
01 Aug 2017 6:53 PM
Sensex off record highs in range-bound trade
The 30-share BSE index had closed at a record high of 31,369.34 yesterday.
07 Jul 2017 6:07 PM
NSE to auction investment limits for Rs 16,758-cr govt bonds
The auction will be conducted on NSE's e-bid platform from 15.30 hours to 17.30 hours.
04 Jul 2017 3:15 PM
Investors keep fingers crossed, sensex slips 154 points before GST
Sensex had gained 23.20 points in the previous session but fell by more than 150 points on Friday morning.
30 Jun 2017 11:28 AM
Indian MFs barely out of teens; can grow ten-fold to 60 cr: Anil Ambani
Industrialist Anil Ambani today said India's mutual fund industry is today poised for its Jan Dhan moment.
29 Jun 2017 12:08 PM
Sensex tumbles 153 points at 31,138.21
Broader Nifty cracked below its psychological 9,600-mark.
23 Jun 2017 4:27 PM
Sensex takes to caution, slips 68 points
Selling picked up at counters such as realty, auto, metal and oil and gas.
23 Jun 2017 12:13 PM
Sensex slightly down at 31,283.64; continues strong show
Broader Nifty closed below its psychological mark of 9,650 at 9,633.60.
21 Jun 2017 4:19 PM
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