Last Updated: Wednesday, February 18, 2015, 08:55
Controlling shareholders of Hero MotoCorp Ltd, India`s biggest maker of motorcycles and scooters, plan to sell $300 million worth of shares later in the day, according to a term sheet seen by Reuters.
Last Updated: Tuesday, February 10, 2015, 11:52
Public sector lender Punjab National Bank on Tuesday said it has raised Rs 1,000 crore through long term bonds on private placement basis.
Last Updated: Monday, February 9, 2015, 21:11
The result of the auctions will be announced on the same day, RBI said, adding the stocks will qualify for the ready forward facility.
Last Updated: Thursday, January 8, 2015, 15:30
RIL has agreed to sell 500 ppm sulphur diesel at a premium of about $1.30 a barrel.
Last Updated: Tuesday, January 6, 2015, 19:21
State-owned Punjab National Bank (PNB) on Tuesday revised interest rate on fixed deposits by up to 0.5 percent on various maturities.
Last Updated: Wednesday, December 31, 2014, 19:44
State-run Allahabad Bank has cut interest rate on retail term deposits having maturity period of one year to less than five years by 0.15 percent to 8.75 percent.
Last Updated: Wednesday, December 31, 2014, 18:23
India's external debt stood at USD 455.9 billion in the first six months of the this fiscal, up 3.1 percent from March-end level, according to the Finance Ministry.
Last Updated: Tuesday, December 23, 2014, 16:29
State-owned NTPC has announced signing of a term loan facility of Rs 2,000 crore with Bank of Baroda.
Last Updated: Monday, December 15, 2014, 21:42
To revive stalled plans and help banks tide over mounting bad loans, the RBI Monday eased norms for structuring of existing long-term project loans to infrastructure and core industries.
Last Updated: Thursday, December 11, 2014, 11:27
The European Central Bank on Thursday will again offer banks a chance to get cheap long-term loans, but a disappointing uptake could put it under more pressure to help kickstart the moribund economy.
Last Updated: Wednesday, December 10, 2014, 23:23
Government Wednesday approved the continuation of interest subvention for short-term crop loans up to Rs 3 lakh to farmers at 7 percent per annum.
Last Updated: Monday, December 8, 2014, 21:45
The new rates, which is for term deposits less than Rs 1 crore, will come to effect from December 9, 2014, the bank said.
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