Punjab National Bank to consider debt raising plan for FY23 on 29 March

Punjab National Bank to consider debt raising plan for FY23 on 29 March

State-owned Punjab National Bank will convene a board meeting later this month to decide on its capi..

How lenders plan to recover Rs 14,730 crore from Future Retail

How lenders plan to recover Rs 14,730 crore from Future Retail

Lenders to cash-strapped Future Group are clutching at straws as two giants, Mukesh Ambani’s Relianc..

India’s retail inflation at 8-month high

India’s retail inflation at 8-month high

India’s retail inflation surged to 6.07% in February on higher food prices. This is an eight-month h..

ICICI Bank raises Rs 8,000 cr by issuing bonds

ICICI Bank raises Rs 8,000 cr by issuing bonds

ICICI Bank has raised Rs 8,000 crore by issuing debt securities via private placement. Followin..

PNB Housing Finance gets board nod to raise Rs 2,500 cr via rights issue

PNB Housing Finance gets board nod to raise Rs 2,500 cr via rights issue

After scrapping a Rs 4,000-crore fund-raising deal with US-based Carlyle group, PNB Housing Finance ..

India's financial markets caught in Russia-Ukraine crossfire

India's financial markets caught in Russia-Ukraine crossfire

In early March this year, India’s benchmark indices – the Sensex and Nifty slipped to a seven-month ..

Three worries for rupee as Ukraine war deepens

Three worries for rupee as Ukraine war deepens

Three worries persist even as the Indian rupee sank to its lifetime low in early trade today, touchi..

Rupee slides to 2.5-month low amid Russia-Ukraine war

Rupee slides to 2.5-month low amid Russia-Ukraine war

With Russia continuing to pound Ukraine, the Indian rupee slumped to its lowest since 17 December.Tr..

Canara Bank raises Rs 1,000 cr via AT-1 bonds

Canara Bank raises Rs 1,000 cr via AT-1 bonds

State-run Canara Bank has raised Rs 1,000 crore in Basel III-compliant additional tier I, series III..

Loans against shares, bonds and FDs surge amid Covid stress

Loans against shares, bonds and FDs surge amid Covid stress

Declining incomes in the aftermath of Covid-19 forced many to rush to banks to pledge their shares a..

Yes Bank founder Rana Kapoor gets bail

Yes Bank founder Rana Kapoor gets bail

Yes Bank founder Rana Kapoor has got bail in a property case but will still be in jail in relation t..

SBI rules out effort to delay action against ABG Shipyard

SBI rules out effort to delay action against ABG Shipyard

Ruling out any effort to delay the process at any point of time, the State Bank of India (SBI) has s..

India’s retail inflation hits 7-month high, crosses RBI’s upper cap

India’s retail inflation hits 7-month high, crosses RBI’s upper cap

India’s retail inflation in January has hit a seven-month high and breached the Reserve Bank of Indi..

RBI projects retail inflation at 4.5% in FY23

RBI projects retail inflation at 4.5% in FY23

The Reserve Bank of India (RBI) has projected lower retail inflation of 4.5% in FY23 amid expectatio..

RBI’s three bets as interest rates remain unchanged

RBI’s three bets as interest rates remain unchanged

The Reserve Bank of India (RBI) has left the interest rates untouched for the tenth time in a row, h..