State-run banks to mop up ₹55K crore this fiscal
The New Indian Express|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.
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 so in FY24 of ₹39,880 crore.

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The New Indian Express

After chaotic two rounds, Game Nine takes quiet turn

IF Tuesday and Wednesday were allaction from the getgo, Thursday was more of a slow burn without the final pay-off.

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2 mins  |
December 06, 2024
'Sad' Mbappe pays penalty as Bilbao beat Real Madrid
The New Indian Express

'Sad' Mbappe pays penalty as Bilbao beat Real Madrid

REAL Madrid coach Carlo Ancelotti said Kylian Mbappe was \"sad\" after missing another penalty as champions Real Madrid fell to a 2-1 defeat at Athletic Bilbao in La Liga on Wednesday.

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1 min  |
December 06, 2024
The New Indian Express

TN finish SMAT campaign with 94-run victory over Uttarakhand

HAVING already been knocked out of the tournament, Tamil Nadu registered a 94-run win against Uttarakhand in their last match of the Syed Mushtaq Ali Trophy on Thursday.

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1 min  |
December 06, 2024
The New Indian Express

Schutt takes five; Oz ease past India

INDIA slumped to their lowest ODI score against Australia since 2012 in the first ODI as veteran pacer Megan Schutt took five wickets to help the hosts draw first blood in Brisbane.

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1 min  |
December 06, 2024
The New Indian Express

WFI to discuss RSPB's call to skip nationals

AS the National Wrestling Championships begins in Bengaluru on Friday, all eyes will be on the annual general meeting (AGM) of the Wrestling Federation of India (WFI) scheduled on the last day (Sunday).

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2 mins  |
December 06, 2024
The New Indian Express

CT 2025: ICC meeting postponed

EVEN as the delay in finalising the hosts and schedule of the 2025 Champions Trophy continues, the ICC Board meeting, which was supposed to happen on Thursday, got postponed at the last minute.

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1 min  |
December 06, 2024
TWILIGHT SAGA BECKONS
The New Indian Express

TWILIGHT SAGA BECKONS

Having taken a 1-0 lead, Rohit & Co will look to repeat all the things they did right in Perth

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2 mins  |
December 06, 2024
Alt fuels saved ₹1.09L cr in forex
The New Indian Express

Alt fuels saved ₹1.09L cr in forex

INDIA has saved nearly ₹1.09 lakh crore in foreign exchange from Ethanol Supply Year (ESY) 2013-14 to ESY2023-24 by promoting the use of ethanol-blended petrol (EBP) and other alternative fuels.

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1 min  |
December 06, 2024
Hyundai announces car price hike, other carmakers could follow suit
The New Indian Express

Hyundai announces car price hike, other carmakers could follow suit

HYUNDAI Motor India Limited (HMIL), country's second-largest carmaker, will increase prices across its model range by up to ₹25,000, effective January 1, 2025.

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1 min  |
December 06, 2024
Vishal Mega Mart's ₹8,000 crore public offer opens on December 11
The New Indian Express

Vishal Mega Mart's ₹8,000 crore public offer opens on December 11

LEADING supermarket player Vishal Mega Mart's ₹8,000 crore initial public offer will be opening on December 11.

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1 min  |
December 06, 2024