3one4 Capital to raise $100 million third VC fund

3one4, an early-stage venture fund is managed by Pranav Pai and Siddharth Pai, sons of former Infosys senior executive TV Mohandas Pai.

Former Apple exec raises $88 million for startups, entrepreneurs who can excel despite coronavirus pandemic

Pascal Cagni, the former head of Apple in Europe, has raised 80 million euros (approx. $88 million) .

Indian banks require $20 billion capital provision over next 12 months, says Credit Suisse

Rising risk aversion and rating downgrades are likely to add to banks’ asset quality stress. The virus crisis has taken a toll on the asset quality of banks

Capital, debt services providing entities to remain operational during nationwide lockdown

Referring to an order issued by Ministry of Home Affairs, Sebi said "the order... provides that commercial and private establishment shall be closed down but that the capital and debt market service as notified by the Securities and Exchange Board of India shall be exempted from such closures."

AP CM meets PM Modi, discusses plan to have 3 capitals, resolution to abolish Legislative Council

The Chief Minister also invited the Prime Minister to attend a programme in the state on March 25 (Telugu New Year's Day Ugadi), wherein 25 lakh house-sites would be distributed to eligible families on a single day.

Having spent Rs 2.8 lakh crore, govt should not starve PSU banks for capital at this stage

There are six reasons why the timing may not be right for the government to turn off the funding tap for PSBs.

Budget 2020 may ease merger burden for 10 state-run banks, capital infusion likely: Report

Merger related costs would reflect in Q3 and Q4 FY20, and banks thus expect another round of capital infusion after consolidation

Yes Bank: Timely capital infusion allays PCA fears

Apart from capital, the bank also needs to keep its asset quality from deteriorating further and control further slippages, an analyst said

Paytm Mall slashes monthly operation spend to Rs 40 crore

The amount is down from last year’s peak of Rs 200 crore

Collateral free loans among top 5 expectations from Nirmala Sitharaman: Elara Capital

While the government will continue to provide recapitalisation fund of Rs 20,000-30,000 crore each year through the Budget, for which it will use RBI’s surplus reserve transfer, Elara Capital analysts said

Budget 2019: Capital outlay for transportation infrastructure likely to increase by 8-10%

ICRA expects the government to make an announcement on equity raising plans/or launch of the NHAI InvIT to fund the ambitious Bharatmala programme

Promoter stake sales via OFS route at a 4-year high

Foreign strategic investors, debt woes drove a surge in deals via offer for sale route in January-June. The first six months of 2019 saw Rs 18,545 cr being offloaded by promoters via the OFS route

Allahabad Bank looking at raising capital next fiscal

The bank would be weighing the options of dilution of stake in the general insurance joint venture Universal Sompo and sell off non-core assets like properties in places like Mumbai, MD and CEO of Allahabad Bank S S Mallikarjuna Rao told reporters here on Friday.

Essay| A deep dive into the history of RBI’s reserves

It is interesting to note that RBI’s capital has remained unchanged, but its reserves have changed significantly over the years

A strong balance sheet essential for independence, credibility of RBI: Fitch

The RBI board last month decided to set an expert committee to decide the economic capital framework of the RBI to determine the appropriate amount of reserves which the central bank can hold

Outlook on Indian banks to remain negative on weak capital strengths, high NPAs: Fitch Ratings

The financials of large private sector banks weakened further in FY18, but are better than those of their state-owned peers, 11 of which are under the central bank's prompt corrective action (PCA) framework.

HDFC Bank board approves fund raising of up to Rs 15,500 crore via QIP, ADR

This will be one of the biggest QIP since the one done by SBI to raise Rs 15,000 crore in June 2017.

Capital infusion in 5 PSBs to be credit positive, help meet regulatory requirements: Moody's

Of the Rs 11,337 crore capital infusion plan, Rs 1,790 crore is for Allahabad Bank, Rs 2,019 crore for Andhra Bank, Rs 2,555 crore for Corporation Bank, Rs 2,157 crore for Indian Overseas Bank and Rs 2,816 crore for Punjab National Bank

Now, Air India looks for Rs 1,500 crore short term loans

This is the second time in little over a month that the flagship carrier has floated tenders for short tenure loans even as the government is working on the modalities for the stake sale.

Fitch lowers banks’ capital needs estimate to Rs 4 L Cr by FY19 on weak loan growth

Capital need estimates have fallen from the previous estimate of USD 90 billion as a result of asset rationalisation and weaker-than-expected loan growth.

Axis Bank to issue debentures to raise Rs 5,000 crore

Axis Bank, country’s third largest private bank, on Monday said it will raise Rs 5,000 crore by issuing non-convertible debt securities.

LIC stake in SBI rises to 10.4%; pays Rs 5,700 cr to pick up 38% in QIP issue

LIC picked up 38 percent shares in this year’s largest equity issuance by State Bank of India on Thursday and the former's stake has increased in the government-owned bank from 8.64 percent to 10.4 percent.

Central Bank of India sold Rs 23,000 crore loans in FY17 to meet RBI capital norms

Public sector banks step up efforts to sell non-core assets

Non-core assets are investments made by banks that are not related to core areas of lending and borrowing, and includes strategic investments in other firms, real estate, holdings in subsidiaries and joint ventures.

Kotak Mahindra Bank board approves QIP at Rs 913.24 per share

The bank plans to issue 6.2 crore shares for Rs 913.24 per share on the issue day as May 11.