As many as 8 PSBs have decided to raise capital from the market within 4 months as part of the Rs 2.11 lakh crore recapitalisation plan, according to official sources.
Vijaya Bank said its board has approved raising Rs 1,300 cr via bonds in the current fiscal under the Basel III global capital adequacy norms.
May is due to meet European Commission President Juncker and his chief Brexit negotiator, Barnier, in Brussels for lunch on Monday.
The central bank's upcoming monetary policy review, combined with the direction of foreign fund flows are expected to drive investors' sentiments.
Foreign investors pumped over Rs 19,700 crore into the country’s stock markets in November, the highest in eight months
JSW Steel Limited
May bid for Arcelor-Mittal's Romanian plant
Gets DCGI's marketing nod for key cancer drug
Inks 5-year I.T. Infra deal with Nokia
BANK OF MAHARASHTRA
To raise Rs 3,000 Crore equity capital
Plans to launch 50 cvs this fiscal
Company may bid for Arcelormittal's Romanian plantco
Proposes investment of $500 Mn to upgrade steel manufacturing unit at Ohio, USA
Integrated steel manufacturing unit in Ohio, with potential capacity of 3 MTPA
Company gets marketing nod for Durvalumab drug from DCGI
Durvalumab is a patented product of AstraZeneca Global
Permission significant for patients with limited treatment options
Nokia signs 5-year global I.T. Infra & application services deal with company
Company will transition services from four incumbent vendors
Will build on strong existing engineering-centric partnership with this deal worth $500 Mn
BANK OF MAHARASHTRA
Gets shareholders' nod for raising equity capital upto Rs 3,000 Cr
Bank union requests govt to intervene in bank's arrests
AIBEA writes to DFS secy to step-in to save bank's reputation
May have rotating chairman till full time chairman is appointed
U.S. Investors of bank want Kochhar to quit
Investors will be confident if external candidate is appointed as CEO: Macquarie
TOI & ET REPORTS