SBI raises ₹7,500 cr at 7.33% via Basel III compliant Tier-2 bond
State Bank of India (SBI) raised . ₹7,500 crore on Wednesday at a coupon rate of 7.33 per cent through
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State Bank of India (SBI) raised . ₹7,500 crore on Wednesday at a coupon rate of 7.33 per cent through
Continue readingBank credit growth (excluding the impact of HDFC’s merger with HDFC Bank) slowed to 13.8 per cent year-on-year (yoy) for
Continue readingMumbai The impact of RBI’s draft project finance norms on incremental provisioning for public sector banks is estimated to be up
Continue readingCARE Ratings has cautioned that if the Reserve Bank of India’s restrictions on IIFL Finance Ltd (IIFL) prolong, its gold
Continue readingPNB Housing Finance’s ratings have been upgraded to AA+ from AA by CARE Ratings with a ‘stable’ outlook from ‘positive’,
Continue readingThe gross non-performing assets (GNPA) of the Indian banking system are set to improve further to up to 2.1 per
Continue readingCARE Ratings (₹1,094.5) Set to resume the uptrend CARE Ratings’ stock, since July 2022, has been in an uptrend. The
Continue readingMumbai Asset quality of state-owned NBFCs was much better than their private sector peers, with gross NPA ratio at 2.5
Continue readingCARE Ratings has upgraded the rating of IDBI Bank’s Basel III Compliant Tier II Bonds aggregating ₹2,000 crore from “A+”
Continue readingNon-food bank credit growth moderated to 15.3 per cent year-on-year in October 2023 as compared with 18.3 per cent a year ago
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