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The Prime Lending Rate at LIC Housing Finance has been raised by 50 basis points. With this, house loan interest rates at the company will start at 8% instead of the previous 7.50%.

RBL Bank advanced 1.32% to Rs 99.55 after the bank said that its board has approved the issue of debt securities on private placement basis, from time to time, upto an amount of Rs 3,000 crore, subject to necessary approvals.

With effect from 22 August 2022

The bank chose the TCS BaNCS Global Securities Platform, a next-generation post-trade processing solution, as part of its strategic transformation initiative.

The headline equity indices are trading near the flat line with small gains in the early trade. The Nifty traded a tad above the 17,500 level. Metal, media and auto stocks were in demand while IT, private bank and reatly shares were under pressure. At 09:30 IST, the barometer index, the S&P BSE Sensex, was up 53.1 points or 0.09% to 58,826.97. The Nifty 50 […]

These businesses include the robotics start-up Genrobotics, the cybersecurity company Sequretek, the customer experience analytics start-up Clootrack, the online business magazine Inc42, the online media start-up Inntot, and the healthcare start-up NeuroEquilibrium

According to the bank's regulatory filing, the shareholders must approve the money raising.

To 25 August 2022

Sterling and Wilson Renewable Energy rose 2.33% to Rs 287.40 after the company announced that it has bagged an order approximately worth Rs 2,200 crore from NTPC.

From an all-time high of about Rs428 billion in FY2022, the additional tier 1 (AT1) bond issuances are anticipated to decline sequentially to about Rs200 billion in FY2023.