The bond sale on Thursday is the first AT-1 issuance by an Indian bank since the Credit Suisse crisis.
Amara was appointed to SBI Cards in January 2021.
The establishment of this new technology nerve center will create fresh avenues for acquiring business.
The bank's Current Account and Savings Account (CASA) Deposits were down 8% QoQ.
Deposits increased 15% year-on-year to Rs 3.47 lakh crore and 3% sequentially.
Deposits increased 19.2% year-on-year to Rs 19,13,000 crore in Q1FY24.
On the Nifty 50 mainboard, LTI Mindtree will replace HDFC from July 13, 2023
IIHL's bid of Rs 9,661 crore for Reliance Capital was accepted by the lenders, securing 99% of their votes.
The boards of IDFC Ltd and IDFC First Bank finally disclosed the share swap ratio on July 3, bringing clarity to the merger process
According to market capitalization, the combined company will rank after JPMorgan Chase, the Industrial and Commercial Bank of China, and Bank of America.
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