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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FLERE HISTORIER FRA THE NEW INDIAN EXPRESSSe alt
Forest staff hurt as tusker overturns vehicle
The New Indian Express

Forest staff hurt as tusker overturns vehicle

A field staff of Anti Depredation Squad (ADS) was injured after an elephant overturned a vehicle at Thondiyalam in Gudalur on Thursday.

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1 min  |
December 06, 2024
HM who failed to report sexual abuse gets no Pocso relief
The New Indian Express

HM who failed to report sexual abuse gets no Pocso relief

HOLDING a school headmaster responsible for failing to report an offence of sexual assault of a student, the Madras High Court refused to quash the case pending against him in a special court for trial of cases under Protection of Children from Sexual Offences (Pocso) Act.

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1 min  |
December 06, 2024
The New Indian Express

Interim stay on dispossession of land for Madurai airport

THE Madurai Bench of the Madras High Court on Thursday ordered an interim stay against the dispossession of parcels of land from 130 residents of Chinna Udaippu village for the Madurai Airport expansion.

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1 min  |
December 06, 2024
The New Indian Express

Set up special court in all dists as per SC/ST rules

THE National Commission for Scheduled Castes and Scheduled Tribes asked the chief secretary to the state government to set up special courts in all districts as per the SC/STs (Prevention of Atrocities) Rules, 2016.

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1 min  |
December 06, 2024
Unused biometric system at Chennai airport helps smugglers 'strike' gold
The New Indian Express

Unused biometric system at Chennai airport helps smugglers 'strike' gold

The system meant for monitoring the entry and exit of airport employees was installed five years ago; AAI says it's not being used due to back-end server issues

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2 mins  |
December 06, 2024
Scientists discover fast-growing glacier
The New Indian Express

Scientists discover fast-growing glacier

A group of scientists recently discovered a new glacier in Uttarakhand that was found to be rapidly expanding in size.

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1 min  |
December 06, 2024
Uproar in LS as BJP links Oppn with Soros
The New Indian Express

Uproar in LS as BJP links Oppn with Soros

LOK SABHA proceedings were on Thursday disrupted after the Opposition and Treasury Benches clashed over the latter's allegation linking Leader of Opposition Rahul Gandhi and other oppositon leaders with US-based multi-billionaire George Soros.

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1 min  |
December 06, 2024
The New Indian Express

TN flood fiasco: Villagers flag lack of sufficient alerts

THE unanticipated and sudden release of water to the tune 1.8 lakh cusecs from Sathanur dam in Tiruvannamalai district on Sunday night may have triggered the flooding in many areas along the Thenpennai river in Tiruvannamalai, Villupuram, and Cuddalore districts, but lack of specific details about the level of flooding or pointed instruction to move to designated relief shelters, during the initial hours of the calamity, may have put the residents to avoidable trouble.

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2 mins  |
December 06, 2024
The New Indian Express

2 DEAD, 33 ILL DUE TO ‘WATER CONTAMINATION’ IN CHENNAI

TWO persons died and 33 others were admitted to hospitals for vomiting and diarrhoea due to suspected water contamination at Pallavaram Cantonment and nearby areas in Chennai's suburbs on Wednesday.

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1 min  |
December 06, 2024
Rohit makes bold call, to bat in middle at Adelaide
The New Indian Express

Rohit makes bold call, to bat in middle at Adelaide

AND there it was. About 24 hours after KL Rahul told the media in Adelaide jokingly that he had been informed about his batting position but asked not to reveal it, captain Rohit Sharma cleared the air by announcing that he will be moving down the order in the second Test against Australia beginning Friday.

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1 min  |
December 06, 2024