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

This story is from the December 05, 2024 edition of The New Indian Express Vishakapatnam.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

This story is from the December 05, 2024 edition of The New Indian Express Vishakapatnam.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM THE NEW INDIAN EXPRESS VISHAKAPATNAMView All
The New Indian Express Vishakapatnam

India, Kuwait bolster defence ties

During PM Modi's visit, MoUs signed to boost trade, sports and cultural cooperation

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

No data on aid given to families of docs who died during Covid, shows RTI reply

THE Centre has refused to share data on compensation given this year to the number of families of doctors, who succumbed to Covid-19 during the first and second waves, according to an RTI reply.

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

Retired military dogs to spread joy for special kids

IN a major role change, the canine soldiers of the Indian Army will now serve children after completion of their service to the nation.

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

BJP clears air, says NDA to fight Bihar assembly elections under Nitish, Modi

BIHAR Deputy Chief Minister and BJP leader Samrat Choudhary said on Sunday that the NDA will contest the assembly polls in Bihar next year under the leadership of Chief Minister Nitish Kumar and Prime Minister Narendra Modi.

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

BANGLADESH STIRRING TROUBLE TO HIDE CRISIS

Bangladesh is heading toward an alarming economic situation. Its future now hinges on a delicate balance of domestic political developments and international interventions

time-read
4 mins  |
December 23, 2024
The New Indian Express Vishakapatnam

WHEN FESTIVALS HOP OVER RELIGIOUS LINES

APPY Christmas in advance, dear readers. Besides feasting on fruit-rich Christmas cake, pears and cherries made of marzipan and hot cocoa, one of our childhood rituals was to reread our favourite Christmas stories in the holidays. Be it Enid Blyton or Agatha Christie, we found that few popular writers could resist telling a Christmas story.

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

CP shows footage to debunk AA's claim

HYDERABAD Commissioner of Police (CP) CV Anand on Sunday refuted actor Allu Arjun's claims regarding the stampede at Sandhya Theatre, which led to the death of a 32-year-old woman and serious injuries to her eight-year-old son.

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

2-year probation for new licence holders in Kerala

Move meant to tackle rise in road mishaps caused by risky driving

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

Ministers ask Prakasam Collector to study tremors

IN the wake of tremors reported in Darsi constituency of Prakasam district on Saturday and Sunday, Energy Minister Gottipati Ravi Kumar and Social Welfare Minister Dola Sri Bala Veeranjaneya Swamy have taken proactive measures to address the situation.

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

TDP holds enrolment drive in Delhi

THE TDP successfully conducted its first-ever membership drive in Delhi on Sunday, evoking an overwhelming turnout of supporters and well-wishers.

time-read
1 min  |
December 23, 2024