ICICI raises $500 mn from global bond sale

Last Updated: Wednesday, August 5, 2015, 23:08

In the first major overseas fund raising by a domestic bank, top private sector lender ICICI Bank Wednesday raised USD 500 million through a US dollar bond sale.

Tax-free bonds can have higher returns than bank rates

Last Updated: Friday, April 10, 2015, 19:21

Tax-free bonds can provide returns that are higher than the prevailing interest rates offered by banks.

ECB's Draghi says money printing already helping recovery

Last Updated: Thursday, March 26, 2015, 22:27

"Monetary policy is reinforcing the cyclical recovery. I insist in saying `cyclical` because this recovery is not structural," he told a parliamentary committee hearing, in a reference to long-term problems such as unemployment.

ECB to launch 1 trillion euro bond buying scheme on March 9

Last Updated: Thursday, March 5, 2015, 20:49

The European Central Bank said it will start its new government bond-buying programme on March 9, hoping that pumping new cash into the sagging euro zone economy will boost growth and lift inflation.

Euro hovers near 11-year lows on dollar before ECB meets

Last Updated: Thursday, March 5, 2015, 08:16

The euro remained under pressure Thursday after falling to an 11-year low against the dollar as investors waited for the European Central Bank (ECB) to announce details of its bond-purchase programme.

Canara Bank to raise Rs 1,500 crore from bonds soon

Last Updated: Wednesday, February 11, 2015, 22:33

State-owned Canara Bank on Wednesday said it plans to raise Rs 1,500 crore soon from bonds to fund business growth and meet global capital adequacy norms.

IOB to raise Rs 1000 cr to augment additional Tier-1 capital

Last Updated: Saturday, January 31, 2015, 16:33

Public sector Indian Overseas Bank plans to raise Rs 1,000 crore to augment the additional Tier-I capital and also to strengthen its overall capital.

Factbox- ECB QE: What markets expect and what it might mean

Last Updated: Thursday, January 22, 2015, 16:26

Financial markets are primed for the European Central Bank to launch a quantitative easing programme on Thursday in an attempt to revive the moribund euro zone economy and inflation.

ECB could purchase 50 bn euros of bonds per month: Report

Last Updated: Thursday, January 22, 2015, 00:40

The European Central Bank`s executive board has drawn up proposals to buy 50 billion euros ($58 billion) of sovereign bonds per month until the end of 2016, Bloomberg reported on Wednesday.

Top economists clash at Davos over ECB bond-buying

Last Updated: Wednesday, January 21, 2015, 23:29

Top economists in Davos clashed on Wednesday over the impending decision by the ECB to buy up sovereign debt, an unprecedented measure to fight deflation that powerful Germany believes would merely allow overspending eurozone states to put off reforms.

Top EU lawyer clears ECB bond-buying

Last Updated: Wednesday, January 14, 2015, 18:26

A senior advisor to the EU`s top court found Wednesday that a hugely controversial bond-buying programme by the European Central Bank is legal, clearing the way for the ECB to begin buying government debt.

IDBI sells $500 million bonds in global markets, to pay 3.75% coupon

Last Updated: Wednesday, March 20, 2013, 15:18

The state-run IDBI Bank has successfully raised USD 500 million through a five-year bond sale in the international markets at a coupon of 3.75 percent which is likely to be the cheapest ever for the bank.