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Avanse gives education loan for overseas studies

Massive strength in the US dollar following a 75 basis point Fed rate hike coupled with hawkish message by the central bank on future rate hikes added immense pressure on Gold that fell to a near two and half year low. Fed Chair Jerome Powell said the bank needed to take much more aggressive measures to combat red-hot inflation, and was prepared to put some […]

The board of the dairy enterprises is scheduled to meet on Friday, 30 September 2022, to consider raising funds by issuing equity shares on a rights basis.

Crude oil is seeing paring losses in early Asia on Thursday, following a sharp slump in the last two sessions on aggressive Fed rate hike concerns that could further hinder already bleak demand. The Federal Reserve raised its target range for the federal funds rate by 75 basis points to 3 to 3.25 percent, citing its dual goals of maximum employment and inflation at a […]

PNB: The bank has issued and allotted Basel III Compliant Additional Tier-I Bonds at a coupon of 8.30% p.a. aggregating to Rs.658 crore on private placement basis. Ashoka Buildcon: The company had submitted its bid to the South Western Railway (SWR) and the company has received a Letter of Acceptance (LOA) from SWR for the Project viz. Construction of New BG Line. The accepted bid […]

Arrest pertains to alleged Rs 22,800 crore bank fraud

In an initial public offering (IPO), Application Supported by Blocked Amount (ASBA) mechanism is already there

Target of raising Rs 1.62 lakh crore through asset monetization in FY23

State Bank of India (SBI) has raised Rs. 4,000 crore Basel III compliant Tier 2 bonds on 21 September, 2022 at coupon rate of 7.57 per cent. The issue attracted overwhelming response from investors with bids of Rs. 9,647 crore, and was oversubscribed by about 5 times against the base issue size of Rs. 2,000 crore. Based on the response, the Bank has decided to […]

On 14 September 2022