BUSINESS
GNA Axles’ to avail term loan of Rs 60 crore from Central Bank of India
GNA Axles’ board has approved the proposal to avail a term loan of Rs 60 crore for purchase of machinery from Central…
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BUSINESS
SBI planning to raise funds up to Rs 5,000 crore via bonds during FY19
State Bank of India (SBI) is planning for raising up to Rs 5,000 crore through issue of Basel III compliant Tier 2…
BUSINESS
IIFL Holdings’ arm raises Rs 1,000 crore from NHB
IIFL Holdings’ subsidiary — IIFL Home Finance has raised Rs 1,000 crore from National Housing Bank (NHB) and another $50 million from…
BUSINESS
Satin Creditcare Network planning to raise funds up to Rs 40 crore via NCDs
Satin Creditcare Network is planning to issue Non-Convertible Debentures (NCDs) up to the amount of Rs 40 crore through Private Placement. The…
BUSINESS
Allahabad Bank raises Rs 1,790 crore from GoI via preferential issue
Allahabad Bank has raised around Rs 1,790 crore from the Government of India (GoI). The Share Issue and Allotment Committee of the…
BUSINESS
Manomay Tex India to avail credit facilities up to Rs 80.62 crore from Consortium Bank
Manomay Tex India has received an approval for availing Credit Facilities up to Rs 80.62 crore from Consortium Bank i.e. State Bank…
BUSINESS
South Indian Bank to augment capital up to Rs 500 crore via bonds
South Indian Bank has decided to augment the capital by issue of Basel III compliant Tier II Bonds not exceeding Rs 500…
BUSINESS
PNB rises on planning to sell non-core assets worth Rs 8,600 crore during FY19
Punjab National Bank is currently trading at Rs. 68.40, up by 1.25 points or 1.86% from its previous closing of Rs. 67.15…
BUSINESS
PNB plans to sell non-core assets worth Rs 8,600 crore during FY19
Punjab National Bank (PNB) has recognized various assets, including its housing finance arm, for sale and hopes to realise Rs 8,600 crore…
BUSINESS
Future Consumer moves up on raising funds worth Rs 50 crore via NCDs
Future Consumer is currently trading at Rs. 40.60, up by 0.10 points or 0.25% from its previous closing of Rs. 40.50 on…