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1-10 results from 437 for query «basel»

19 December, 2017 7:52 AM PSU banks’ capital raises are credit positive: Moody’s

Capital raising by a number of public sector banks (PSBs), including the Punjab National Bank (PNB) and the Union Bank of India (UBI), is credit positive because it will help improve their loss-absorbing buffers, global rating agency Moody’s said on Tuesday. In a Credit Outlook article, Moody’s said that it signals improved access to the equity capital 18

11 December, 2017 2:47 PM UEFA Champions League: It's Real Madrid vs Paris St-Germain, Chelsea vs Barcelona in last-16

The first legs will be played from Feb. 13-21, with the return matches from March 6-14. New Delhi: Two-time defending champions Real Madrid face a 'Neymar-powered' Paris St-Germain outfit in a mouth-watering UEFA Champions League last-16 clash, even as three of five English teams got favourable draws. In the draw for 2017-18 Champions League draw held on Monday 30

29 November, 2017 2:55 PM South Indian Bank raises Rs 490 cr via bonds

Kerala-based South Indian Bank on Wednesday announced raising of funds of Rs 490 crore by way of private placements of Basel III compliant Tier 2 Bonds. Besides augmenting Tier 2 capital, this exercise would further strengthen bank's Capital Adequacy Ratio (CAR) to support the targeted business growth, the bank said in a release. "The infusion of fresh 34

22 November, 2017 3:20 PM UBI gets SEBI approval for Rs 1,000-cr equity issue via QIP

State-owned lender United Bank of India on Wednesday said it has received market regulator SEBI's approval for issue of equity shares worth Rs 1,000 crore by way of institutional placement. The Kolkata-headquartered bank had in January informed the bourses it planned to raise up to Rs 1,500 crore through qualified institutional placement (QIP), rights 38

2 November, 2017 5:19 PM Andhra Bank posts ₹385.11 crore net loss

Andhra Bank has posted a net loss of ₹385.11 crore for the quarter ended September 30 as against a net profit of ₹51.42 crore in the corresponding period of previous fiscal. It registered a total income of ₹5,005 crore, a marginal decline of 0.75% over the ₹5,043 crore of the year earlier period, according to the results announced on Thursday 25

30 October, 2017 5:48 PM OBC to raise Rs 1,000 cr to comply Basel III norms

New Delhi: State-owned Oriental Bank of Commerce plans to raise up to Rs 1,000 crore by issuing Basel III compliant bonds on a private placement basis. "The bank intends to raise tier I capital through private placement of Basel III compliant additional tier I bonds of Rs 10 lakh each aggregating to Rs 500 crore with an option to retain subscription 53

25 October, 2017 11:45 AM Modi booster gives stock investors Rs 2 lakh crore in a day; banks contribute half

The Modi government’s booster dose for domestic banks and the infrastructure sector gave stocks a big lift on Wednesday, helping the benchmark Sensex its highest daily gain in five months in absolute terms, while the Nifty logged the best show in five months. Both the indices scaled new lifetime peaks – Sensex at 33,042.50 and Nifty at 10,295.35. The rally 78

24 October, 2017 5:49 PM Economy to get ₹7,00,000-crore stimulus

Amidst concerns over growth slowdown, the government on Tuesday announced ambitious plans for bank capitalisation to boost the economy, spur investments and create jobs, as well as a highway construction project. Stressing that the macro fundamentals of the economy are strong, Finance Minister Arun Jaitley announced the ₹5.35 lakh crore BharatMala Pariyojana 51

24 October, 2017 11:18 AM Centre announces ₹2,11,000 crore Public Sector Bank capitalisation plan

On Rahul Gandhi terming GST ’Gabbar Singh Tax’, Arun Jaitley says those who are used to 2G, coal scam will have problems paying genuine tax. Union Finance Minister Arun Jaitley on Tuesday said the Indian economy was on a strong wicket with sound macro-economic fundamentals. At a press briefing called to detail the state of the economy, he said India 12

11 October, 2017 11:55 AM No complacency despite improving global financial stability: IMF

WASHINGTON: The IMF today said policymakers must take advantage of the improving global outlook and avoid complacency by addressing rising medium-term vulnerabilities that are building under the surface. "This is no time for complacency. Action is required now because vulnerabilities are building. This could put growth at risk in the future," Tobias 32