Bank of India to raise $750 mn through bonds

Last Updated: Tuesday, April 28, 2015, 13:06

State-run Bank of India on Tuesday opened its bond issue to raise USD 750 million (about Rs 4,750 crore) under its medium-term notes (MTN) programme.

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.

RBI displays cautious approach to overseas debt investments

Last Updated: Tuesday, February 3, 2015, 18:36

The Reserve Bank of India said it would allow foreign funds to re-invest interest earned from government bond coupons back into markets, but kept overall investment limits unchanged and prevented purchases of short-term corporate debt.

Canara Bank to raise Rs 1,500 cr via bonds

Last Updated: Monday, February 2, 2015, 20:26

Bangalore based public sector lender Canara Bank today said it will raise additional capital worth Rs 1,500 crore through private placement of bonds.

India to meet borrowing target, mindful of bond yields: Mayaram

Last Updated: Thursday, November 28, 2013, 10:56

The government has outlined a total borrowing plan of 5.79 trillion rupees for the full fiscal year.

SEBI debating allowing raising funds via convertible bonds

Last Updated: Monday, October 28, 2013, 15:26

As IPO market still remains tepid, forcing companies to borrow costly funds from other sources, capital markets regulator SEBI Monday said it is looking at allowing them to issue convertible debentures to raise money.

NHPC launches bond issue to raise upto Rs 1,000 crore

Last Updated: Friday, October 18, 2013, 12:34

State-owned power producer NHPC on Friday launched its tax-free bond issue to raise up to Rs 1,000 crore for funding its expansion plans.

Investors redeem $8 bn from emerging market bond, equity funds

Last Updated: Tuesday, June 18, 2013, 14:29

Emerging market bond and equity funds witnessed their biggest weekly redemptions as they withdrew more than USD 8 billion last week.

Union Bank hits global debt market with $500 mn bond issue

Last Updated: Monday, April 15, 2013, 19:32

State-run Union Bank of India has hit the global debt market to raise around USD 500 million through bond issuance, said two merchant bankers working on the issue.

Govt cancels Rs 12K crore bond issue to contain fiscal deficit

Last Updated: Tuesday, February 19, 2013, 09:40

The government has cancelled Rs 12,000 crore bond auctions, lowering its market borrowing programme for the current financial year in its bid to contain the fiscal deficit at 5.3 percent.

LIC, EPFO to pick up AI's Rs 7,400-crore bond issue at 9.08%

Last Updated: Wednesday, November 21, 2012, 15:44

Life insurance major LIC and the Employee Provident Fund Organisation (EPFO) have agreed to fully subscribe to the Rs 7,400 crore bond sale of national carrier Air India, a top SBI Caps official said here on Wednesday.