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DLF is a major player in Indias real estate industry. (Photo: PTI)

DLF raises Rs 3,173 cr via QIP; to prepay debt

Major investors who participated in QIP offer include Oppenheimer, UBS, HSBC, Key Square, Goldman Sachs among others.

29 March 2019 12:27 PM IST

Allahabad Bank on Saturday became the second state-owned bank to report a major alleged fraud by bankrupt steelmaker Bhushan Power & Steel Ltd this month, adding to concerns about a banking industry burdened with bad debts. (Photo: Allahabadbank.in)

Allahabad Bank okays raising Rs 2,000 cr equity capital via QIP

The Kolkata-headquartered lender is scheduled to announce its June 2019 quarter earnings on Wednesday.

31 July 2019 3:12 PM IST

A volatile equity market is forcing companies to go slow on initial public offerings (IPOs). The last few months have seen a marked dip the number of public issues hitting the primary market. Even the IPOs that have hit the primary market recently received poor response from the investors in this calendar year.

Primary market sees dip in public issues this year

The number of issues on the main board has nearly halved to 11 IPOs in 2019 so far compared to 21 IPOs hitting the...

13 Sept 2019 2:25 AM IST

The current rise in fund raising through the IPO route is expected to last as long as the upswing in secondary market continues.

Cos raised Rs 1.77lakh crore through equities

However, FY19 is likely to remain little challenging for fund raising due to volatility.

30 March 2018 5:01 AM IST

SBI Cards is also in the process of speeding up customer acquisition process by reducing the delivery period so that more and more people are added to the network.

SBI to sell shares to institutional investors

SBI's share sale comes as Indian banks face raising billions of dollars in new capital by March 2019 to meet global...

5 Jun 2017 6:48 PM IST

State Bank of India

SBI raises Rs 15,000cr via stake sale to institutions

The proceeds of the issue would be used for shoring up its capital adequacy ratio and for general corporate purposes.

10 Jun 2017 4:02 AM IST

There are allegation that from November 15 to November 18, the bank manager had issued 149 demand drafts for amounts less than Rs 50,000 in favour of a Pune-based finance company in violation of RBI guidelines.

India Inc lowers Rs 1 lakh-crore debt in year

Firms lower Rs 33,000 crore debt, says SBI.

26 Jun 2017 2:45 AM IST