bond market

Mumbai, March 23 The state-run Indian Bank announced on Monday that it had raised ₹5,000 crore through a 10-year long-term infrastructure bond issue at a coupon rate of 7.15 per cent.The lender received two bids for a total amount of ₹3,100 crore at a 7.13 per cent coupon, two bids each for a...

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...

Mumbai, March 10 Motilal Oswal Financial Services' wealth management arm launched a digital bonds trading platform on Tuesday to enable investors to access fixed-income securities.The company stated that its newly launched Bond Provider Platform will allow investors to invest in government...

Mumbai, March 9 Maharashtra Chief Minister Devendra Fadnavis on Monday suggested that municipal corporations should explore the possibility of raising ₹1,000 crore through pooled bonds, as this would help smaller corporations raise funds for infrastructure projects.Speaking at the listing of...

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...