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IRFC raises Rs 1,375 cr by issuing bonds

IRFC raises Rs 1,375 cr by issuing bonds

🕔20:59, 27.Mar 2021

New Delhi, March 27  The Indian Railway Finance Corporation (IRFC), the dedicated financing arm of the Indian Railways has raised Rs 1,375 crore through issuance of domestic bonds. The fund has been raised at 6.80 percent coupon rate with 20-year

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Rupee appreciates amid rising FPIs, easing bond yields

Rupee appreciates amid rising FPIs, easing bond yields

🕔11:15, 12.Mar 2021

Mumbai, March 12  The Indian rupee appreciated around 25 paise on Friday morning. The strengthening of the rupee can be attributed to the rising foreign portfolio investments (FPI) and falling bond yields in the US, post President Joe Biden signed

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Bank of India raises Rs 750 crore via AT-1 bonds

Bank of India raises Rs 750 crore via AT-1 bonds

🕔07:54, 28.Jan 2021

Mumbai, Jan 28  State-owned Bank of India has raised Rs 750 crore via bond issue on Wednesday. Accordingly the lender, raised Rs 750 crore via issuance of ‘Basel III Compliant Additional Tier 1’ bonds on a private placement basis. These

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SBI raises $600mn via ‘Regulation S’ bonds

SBI raises $600mn via ‘Regulation S’ bonds

🕔16:24, 7.Jan 2021

Mumbai, Jan 7  Lending major State Bank of India has raised $600 million of “Regulation S” bonds at a coupon rate of 1.80 per cent. Accordingly, the bank, acting through its London Branch, raised the sum for bonds benchmarked against

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Power Grid to seek shareholders’ nod for raising Rs 10k cr via bonds

Power Grid to seek shareholders’ nod for raising Rs 10k cr via bonds

🕔08:08, 31.Aug 2020

New Delhi, Aug 31  Power Grid Corporation will seek its shareholders’ approval in its upcoming Annual General Meeting on September 22, to raise Rs 10,000 crore from the domestic market through bonds under private placement during the financial year 2021-22.

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Vedanta mobilises $1.4 bn from bonds to fund delisting of Indian subsidiary

Vedanta mobilises $1.4 bn from bonds to fund delisting of Indian subsidiary

🕔13:33, 21.Aug 2020

Mumbai, Aug 21  Vedanta Resources Limited moved a step forward in its plan to delist its Indian subsidiary Vedanta Ltd by successfully mobilising $ 1.4 billion from bonds that would go into funding the buy out of equity shares held

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SBI Board approves raising of up to Rs 25K cr via bonds

SBI Board approves raising of up to Rs 25K cr via bonds

🕔20:26, 15.Jul 2020

Mumbai, July 15  The Central Board of the State Bank of India (SBI) on Wednesday approved the raising of up to Rs 25,000 crore through bonds in the financial year 2020-21. In a regulatory filing, the bank said that it

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PFC SUCCESSFULLY RAISES USD 1 BILLION THROUGH REG-S BONDS

PFC SUCCESSFULLY RAISES USD 1 BILLION THROUGH REG-S BONDS

🕔05:11, 13.Jun 2019

PFC, a Government owned NBFC has successfully tapped international market and raised USD 1 billion through Reg- S bonds in one go. This was the PFC’s first issuance in the international market after successful acquisition of Government of India holding

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