Federal Bank arm Fedfina reconsiders capital raising options
Shyam Srinivasan, chief executive of Federal Bank said that the non-banking financing arm of Federal Bank, Fedfina is reconsidering its capital raising options.
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Here’s how Bank of India plans to use total capital of Rs. 6,500 crore it will soon raise
According to a stock market filing, the bank intends to raise a total of Rs 4,500 via equity capital and Rs 2,000 through bonds.
Prudent Corporate Advisory shares to turn ex-dividend
Prudent Advisory Limited to turn to ex-dividend shares, the price is yet to be decided by the Board of Directors.
Equitas Small Finance Bank to launch QIP at issue price of Rs 53.69
Shares of the firm dropped to 0.47 per cent at Rs 53.50 today in the closing session on the National Stock Exchange.
Sri Lanka gets $500 million fuel credit line from India
The next bond payment amounting to $1 billion is due in July. The total debt owed by Sri Lanka this year is over $6 billion.
INDmoney raises $75 million in latest funding round
INDmoney has sanctioned the allocation of 42,636 Series D preference shares at an issue price of Rs 562.5 crore or $75 million. Tiger Global, Steadview Capital and DF International Partners have put Rs 187.5 crore or $25 million each.
Govt receives bid from Reliance, Ola & 8 other companies for ₹18,000 crore PLI scheme for batteries
The scheme was available for acquiring applications till 11 am on 14 January and the technical bids were opened on 15 January.
RBI updates PCA structure for banks, Check details here
The RBI said that capital, asset quality, and leverage would be critical for monitoring the updated structure. The framework was last updated in April 2017.
Fintech company Chqbook raises ₹40 crores in funding
Finance technologies, Neobanking Startup Chqbook raised Rs 40 crore from the Aavishkaar capital and Rajiv Dadlani group.
Travel app Ixigo turns public ahead of IPO
This move has proved to be a variant in the market, as they have diverted in the race of the capital market and conjured a different gear.
“The Indian Capital Goods Sector can play a major in Atmanirbhar Bharat Mission”: Minister of Environment Prakash Javadekar
Prakash Javadekar had a good discussion on the Indian Capital Goods Sector with the Union Minister of State for Heavy Industries Mr. Arjun Ram Meghwal.
Tens of thousands of protesters gather in Belarus capital, 250 detained by police
People gather in huge numbers at Belarus capital for protest.
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