Indian State Banks

Bank intends to raise before Mar23 though approval is till 2024

The new owners meanwhile have indicated that extra money wasn't part of the already agreed upon resolution plan and instead must be taken out of the banks' dues

Rupee trade mechanism with Russia to start soon, says FIEO

The federation's secretary, said in a statement the Congress government before "distributed hundreds of crores" by organising loan melas and now the present government is on the same lines

New framework could be on lines of earlier 'Statement of Intent' used to fix annual targets, will monitor performance on parameters such as return on assets, NPA, financial inclusion initiatives

The sugar and ethanol producer owes nearly Rs 4,800 crore to banks

Money to be raised in rupees, dollars or other convertible currency; lender's CAR at 13.83%, with tier-I of 11.42% and Tier-II of 2.41%, March-end

State Bank of India (SBI) on Wednesday received the board's approval to raise up to Rs 11,000 crore through issuance of bonds.

Union Bank plans to raise up to Rs 2,000 crore while Canara Bank plans to issue AT-1 bonds worth up to Rs 2,000 crore, say sources

The State Bank of India on Monday told the Gujarat High Court that it has issued a no-dues certificate, which was withheld over non-payment of an outstanding amount of just 31 paise.

The look out notices have been issued to prevent them from leaving the country, officials said

Bond yields have shed seven basis points to 6.73 per cent on Thursday after touching 6.88 per cent on the Budget day

Bank has asked Vodafone Idea to present a detailed plan on their financial viability including equity infusion from the largest shareholders, says Bloomberg.

"The situation is very grim," the source said, adding that banks would require fresh funds soon

Moreover, Irdai has said a bank in its capacity as a group organizer may have group insurance arrangements with any number of insurance firms

These 21 public sector banks had posted a net loss of Rs 42.84 billion in the September quarter of 2017-18

Weak capitalisation levels will remain a key credit weakness for the 11 banks