financial bonds

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...

New Delhi, March 16 State-owned Union Bank of India said on Monday that its board has approved a proposal to raise ₹20,000 crore by issuing infrastructure bonds to fund various projects.The committee of Directors for fund raising (Non-Capital) has approved the issuance of long-term bonds...

New Delhi, February 26 – The Supreme Court has directed Hyderabad-based industrialist Nimmagadda Prasad to deposit Rs 125 crore in cash and submit the original title deeds of a 37-acre land parcel in Telangana in a case stemming from a failed 2008 joint venture to develop ports and an airport in...

Nashik, February 23 The Nashik Municipal Corporation announced on Monday the launch of its first public offering of green bonds, which officials said would finance several projects related to the 2027 Simhastha Kumbh Mela.The announcement of the taxable, unsecured, redeemable, non-convertible...