New Delhi, March 18 State Bank of India (SBI) on Tuesday said it has raised ₹6,051 crore through its second Basel III-compliant Tier II bond issuance at a coupon rate of 7.05 per cent.The funds raised will be used for the bank's business growth.The bonds are issued for a period of 10 years...
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New Delhi, March 17 State Bank of India (SBI) announced on Tuesday that it has raised ₹6,051 crore through its second Basel III-compliant Tier 2 bond issuance at a coupon rate of 7.05 per cent.The funds raised will be used for the bank's business growth.The bonds have a tenor of 10 years...
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Washington, February 28 – US banking regulators defended sweeping efforts to recalibrate capital rules and formalize crypto oversight as senators clashed over Basel reforms, political “debanking,” and consumer safeguards in a hearing with global implications for capital flows and digital...
Mumbai, February 26 State-owned lender Canara Bank raised ₹5,000 crore through the sale of bonds on Thursday.Tier-II bonds, compliant with Basel III regulations, with a maturity of 10 years, were sold at a coupon rate of 7.24 per cent, according to market sources.The initial issue was for...
New Delhi, February 24 State-owned Canara Bank announced on Tuesday that it plans to tap the Tier 2 bond market by launching a ₹5,000 crore issue to strengthen its capital base and support future growth plans.The issue is scheduled for February 26 on the Electronic Bidding Platform of the...
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