Buying peace with RBI, the government today dropped plans for the time being to strip the central bank of powers to regulate government bonds and give it to an independent
State-run Bank of India today opened its bond issue to raise $750 million (about Rs 4,750 crore) under its medium-term notes (MTN) programme.
"Bank of India (BoI) is opening its
Investment limits for government debt securities worth Rs 507 crore will be auctioned on the Bombay Stock Exchange (BSE) on Monday.
The auction would take place on leading stock exchange
Investment limits for government debt securities worth Rs 893 crore will be auctioned on the BSE on Monday as over 99 per cent of permitted investment levels for overseas investors
Private lender IndusInd Bank today said it will raise up to Rs 2,000 crore through issuance of long-term infrastructure bonds and subordinated non-convertible debentures/bonds on a private placement basis.
Bankers have sought clarity from the Finance Ministry regarding taxation of additional tier-I bonds through which they are expected to raise capital to meet Basel III norms.
Clarity on taxation
State-owned term lender IFCI plans to raise Rs 2 000 crore from bonds during the current fiscal to fund business expansion.
"We have taken board approval for a public issue
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William D. Green
Chairman & CEO, Accenture