State-run banks to mop up ₹55K crore this fiscal
The New Indian Express Bhubaneswar|December 05, 2024
PUBLIC sector banks have chalked out major debt-fund raising plans to the tune of ₹54,800 crore by selling additional tier-1 (AT-1) and tier-2 bonds in the remainder of the current financial year to shore up their regulatory capital or core capital.
ENS ECONOMIC BUREAU @ Mumbai
State-run banks to mop up ₹55K crore this fiscal

Of this, they have already raised ₹31,500 crore, as per sources.

If materialised, as they need to get the go-ahead from the finance ministry, they will be mopping up 37% more than what they had done in FY24 of ₹39,880 crore.

Denne historien er fra December 05, 2024-utgaven av The New Indian Express Bhubaneswar.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

Denne historien er fra December 05, 2024-utgaven av The New Indian Express Bhubaneswar.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

FLERE HISTORIER FRA THE NEW INDIAN EXPRESS BHUBANESWARSe alt
The New Indian Express Bhubaneswar

Three-star Blasters down Mohammedan

KERALA Blasters FC players delighted the home crowd to record a dominant 3-0 win over Mohammedan SC in the Indian Super League at the Jawaharlal Nehru Stadium here on Sunday.

time-read
1 min  |
December 23, 2024
The New Indian Express Bhubaneswar

The making of fast bowler Boland: Cult hero of MCG

ON a hot Saturday afternoon at the AH Butler Oval, Frankston Peninsula Cricket Club was playing against Camberwell Magpies Cricket Club in the local game on the outskirts of Melbourne.

time-read
3 mins  |
December 23, 2024
The New Indian Express Bhubaneswar

Mandhana climbs another mountain as India beat West Indies

THERE is a famous bridge that connects the city of Sangli with the rest of the world on the river Krishna called Irwin Bridge.

time-read
2 mins  |
December 23, 2024
The New Indian Express Bhubaneswar

ODISHA SWIMMERS MANNATA, SHRISTI CREATE NEW NAT'L RECORD

ODISHA swimmers Mannata Mishra and Shristi Upadhyaya created new national records in 100m breaststroke and 100m butterfly events respectively in the short course KNZ Provincial Championship held at Durban, South Africa.

time-read
1 min  |
December 23, 2024
The New Indian Express Bhubaneswar

Nat'l badminton: Unseeded Adarshini enters semifinals

TAMIL NADU'S Sathish Kumar K, who's the No 1 seed, and Adarshini Shri NB entered the semifinals of the Senior National Badminton Championships in Bengaluru.

time-read
1 min  |
December 23, 2024
The New Indian Express Bhubaneswar

KNOW LINEAR AND LATERAL THINKING

As a result of geopolitical tensions, scheduled general elections in India during the mid-year and in the USA towards the end of the year as well as valuations that had sky-rocketed, volatility during 2024 was anticipated by many of us.

time-read
2 mins  |
December 23, 2024
The New Indian Express Bhubaneswar

IS ALGORITHMIC TRADING FOR YOU?

TECHNOLOGY should expand the scope of human skills. There are things that you can do yourself using your skills. You can use technology to support your skills and create something even more potent than before.

time-read
2 mins  |
December 23, 2024
The New Indian Express Bhubaneswar

Credit card defaults could hurt you badly now

With SC rejecting 30% cap on credit card interest rates, card issuers will now have more flexibility to set rates

time-read
2 mins  |
December 23, 2024
The New Indian Express Bhubaneswar

Banks' profits spike in first 9 mths of 2024

BANKS have raked in as much as ₹2.7 lakh crore in net income in the first nine months of 2024.

time-read
2 mins  |
December 23, 2024
The New Indian Express Bhubaneswar

SC judgment nullified; GST Council fixes Safari Retreats' error retrospectively

The government has 'nullified' the Supreme Court order in the Safari Retreats case that allowed commercial real estate companies to claim input tax credit (ITC) on construction costs for their rental buildings.

time-read
1 min  |
December 23, 2024