Fund | The Asian Age

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SBI's tier 1 equity ratio will be about 10.1 per cent at the end of March 2018 and 9.5 per cent at the end of March 2019.

QIP credit positive for SBI, removes dependence on govt: Moody's

SBI's risk-weighted assets are expected to grow by 15 per cent in 2017-18 and 2018-19, in line with 2016-17.

12 Jun 2017 10:50 AM

Eight-year loan tenure is part of OPIC's commitment of USD 1 billion loan assistance to underserved small and medium enterprises in India.

IndusInd Bank secures $225 mn loan from OPIC to fund MSME

Agreement with OPIC will help IndusInd Bank to further enhance our MSME lending franchise.

09 Jun 2017 2:25 PM

The company's current capacity is 2,000 MW, of which 800 MW solar.

Hindustan Power plans to raise around Rs 6,000 cr in next two years

Company's goal to build out 5-6 GW of solar over the next five years both in India and outside India.

26 May 2017 2:15 PM

Government has almost finalised the formation of the committee which is likely to be headed by the Mines Secretary.

Rs 115 crore meant for infra projects in mining belt lying unused

As per the SC directives, mining firms have to contribute 30 per cent of royalty to a special fund created by the govt.

05 May 2017 5:50 PM

Ola, which has a presence in 110 Indian cities compared to Uber's operations in 29 cities.

Ola eyes USD 100 mn in fresh funding to fuel expansion

Approval was for issuance of convertible securities at a price of Rs 13,521 apiece through a rights issue.

21 Apr 2017 9:57 AM

Paytm, which counts China's Alibaba as a prominent shareholder, was valued at about USD 5 billion last year.

Paytm in talks to raise over $1 bn funding from SoftBank

Paytm may buy Snapdeal-owned payments firm Freecharge as part of the transaction with SoftBank.

19 Apr 2017 10:15 AM

The Budget has announced a target of Rs 2.44 lakh crore for Mudra Loans during 2017-18.

Banks provide Rs 1.80 lakh cr under Mudra; exceed FY17 target

Of this amount, Rs 1,23,000 crore was lent by banks while non-banking institutions lent about Rs 57,000 crore.

14 Apr 2017 12:07 PM

SBI to raise USD 1.5 billion from overseas bonds

Cleared proposal to issue and allot 13.63 crore shares of the SBI to eligible shareholders of SBBJ, SBM and SBT.

25 Mar 2017 11:02 AM

Company will obtain all the necessary consents / approvals as may be required including from the lenders and also followed the process in the BIAL shareholders.

GVK Power sells 33 pc stake in BIAL for Rs 2,202 cr

The move would help the company to deleverage its balance sheet and to bring down our debt level,

25 Mar 2017 10:56 AM

Shares of IDFC Bank were trading 0.83 per cent higher at Rs 61 on BSE. (Photo: PTI/File)

IDFC Bank Board to meet next month to consider raising funds

The 22nd Board Meeting of IDFC Bank Ltd will be held on Tuesday, April 25, 2017.

24 Mar 2017 3:39 PM

The BSE's electronic book platform 'BSE BOND', for issuance of debt securities on private placement basis, was launched on July 1, 2016.

Fund mop-up via BSE's e-book debt platform hits Rs 2 lakh cr

Electronic book mechanism is mandatory for all private placement issues on debt basis for more than Rs 500 crore.

23 Mar 2017 3:52 PM

Paytm Founder and Chief Executive Vijay Shekhar Sharma (Photo: Youtube screengrab)

Innov8 raises funds from Vijay Shekhar Sharma, others

Funds will be used for growing the team and technology platform

15 Feb 2017 2:52 PM

IAF is a good initiative of the government to support MSMEs and startups in India.

Govt makes no allocation for Start-Up Fund for next fiscal

Government had made allocation of Rs 500 crore for 2015-16 when the fund was launched.

14 Feb 2017 4:41 PM

Fall in 'growth stage' funding is indicative of these startup ideas failing to achieve scale.

Startup funding in Maharashtra dips 42 per cent

In the last five years total funding received by Mah based startups across 866 deals amounted to USD 1,312 million.

14 Feb 2017 1:58 PM

Company has been working in a focused manner to establish this platform over the last few months.

Lodha Group launches Startup Investment Fund

Investment fund with an initial corpus of Rs 50 crore for startups focused on smart city solutions and overall real estate sector.

04 Jan 2017 2:50 PM

JK Tyre shares today ended 1.82 per cent higher at Rs 1,11.75 apiece on BSE.

JK Tyre plans to raise up to Rs 1,000 cr via securities

The approval of the members to raise the funds will be obtained by a way of postal ballot.

28 Dec 2016 5:36 PM

JSW Energy has diversified businesses in carbon steel, power, mining, industrial gases, port facilities, cement and information technology sectors.

JSW Energy board approves raising up to Rs 750 cr

JSW Energy’s vision is to achieve 10,000 mw in power generation by 2020.

27 Dec 2016 2:32 PM

The bonds, carrying a coupon rate of 9.50 per cent, witnessed participation from insurance companies, mutual funds, pension funds, provident funds, banks amongst others.

Yes Bank raises Rs 3,000 crore from bonds

Banks can write off such investments or convert them into common equity if approved by the RBI.

24 Dec 2016 2:31 PM

Power and Renewable Energy Minister Piyush Goyal

Centre sanctions Rs 30 cr for solar cities programme

Financial support up to Rs 9.50 crore is available to eight model solar cities and up to Rs 2.50 crore to 15 pilot solar cities.

15 Dec 2016 1:24 PM

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Shobhaa De