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Feb 24, 2021 09:11 AM IST Funds will be used to improve technology and operational capabilities to “ramp up supply chain infrastructure” and serve over 50,000 retail stores
Feb 08, 2021 10:57 AM IST SarvaGram, founded by Utpal Isser and Sameer Mishra, aims at allowing livelihood upgradation for rural and semi-urban households in India.
Jan 26, 2021 04:27 PM IST Junio will launch in February and aims to gather 2.5 million users over three years
Jan 19, 2021 02:43 PM IST Licious is looking to raise primary capital to fund business expansion
Sep 02, 2020 02:07 PM IST 3one4, an early-stage venture fund is managed by Pranav Pai and Siddharth Pai, sons of former Infosys senior executive TV Mohandas Pai.
Jun 03, 2020 12:50 PM IST Pascal Cagni, the former head of Apple in Europe, has raised 80 million euros (approx. $88 million) .
May 28, 2020 03:23 PM IST 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
Mar 25, 2020 10:05 AM IST 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."
Feb 13, 2020 09:15 AM IST 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.
Jan 06, 2020 01:12 PM IST There are six reasons why the timing may not be right for the government to turn off the funding tap for PSBs.
Dec 17, 2019 12:26 PM IST Merger related costs would reflect in Q3 and Q4 FY20, and banks thus expect another round of capital infusion after consolidation
Oct 31, 2019 03:46 PM IST Apart from capital, the bank also needs to keep its asset quality from deteriorating further and control further slippages, an analyst said
Jul 02, 2019 05:19 PM IST The amount is down from last year’s peak of Rs 200 crore
Jul 02, 2019 10:38 AM IST 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
Jul 02, 2019 09:32 AM IST ICRA expects the government to make an announcement on equity raising plans/or launch of the NHAI InvIT to fund the ambitious Bharatmala programme
Jul 01, 2019 04:30 PM IST 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
Mar 15, 2019 03:24 PM IST 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.
Feb 08, 2019 04:01 PM IST It is interesting to note that RBI’s capital has remained unchanged, but its reserves have changed significantly over the years
Dec 02, 2018 11:45 AM IST 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
Aug 13, 2018 01:34 PM IST 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.
Jul 30, 2018 07:04 PM IST This will be one of the biggest QIP since the one done by SBI to raise Rs 15,000 crore in June 2017.
Jul 25, 2018 02:30 PM IST 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
Oct 20, 2017 01:54 PM IST 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.
Sep 12, 2017 01:04 PM IST 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.
Jun 12, 2017 08:59 PM IST Axis Bank, country’s third largest private bank, on Monday said it will raise Rs 5,000 crore by issuing non-convertible debt securities.
