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Wednesday
June 2019
8:18 PM IST
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Business News
SBI to mop up Rs 5,000 cr by issuing Basel III-compliant bonds
 
New Delhi: The country's largest lender SBI Wednesday said it will raise up to Rs 5,000 crore by issuing Basel III-compliant bonds.

"The meeting of executive committee of central board at its meeting held today (Wednesday) accorded approval to raise Basel III-compliant tier-II bonds up to Rs 5,000 crore in USD/INR to be issued to overseas and/or Indian investors during FY20, through a public offer/private placement," SBI said in a regulatory filing.

Shares of State Bank of India (SBI) closed 3.29 per cent down at Rs 348.55 apiece on the BSE.


Sensex, Nifty turn cautious ahead of US Fed policy meet
Investors continue to dump Jet Airways shares; further tank 15%
With 'Libra,' Facebook takes on the world of cryptocurrency
Facebook to unveil new cryptocurrency
Sensex drops over 150 pts; Nifty below 11,800
India ad spend likely to be Rs 697 billion in 2019: Report
UK court rejects Nirav Modi''s bail for fourth time over fears he would abscond
Bring down corporate tax to 18 pc sans exemptions: CII
Jet Airways shares plunge nearly 11 pc
Fiat Chrysler in talks with Aurora on autonomous vehicles
Facebook stops Huawei from pre-installing apps on phones
Rupee rises 31 paise to 69.39 vs USD in early trade
Bajaj Auto sales rise 3 pc in May to 4.19 lakh units
RBI policy, macro data key for markets in holiday-shortened week: Analysts
Six of top-10 firms add Rs 99,994 cr in m-cap; TCS leads
Mahindra sales 3 pc to 45,421 units in May
Toyota Kirloskar sales down 6% at 13,066 units in May
Sitharaman: India's first woman FM; looks to steer economy out of slowdown
Rupee sees high volatility post allocation of key portfolios
Sensex drops over 200 pts; Nifty below 11,900
KERALA NEWS
Kerala CPM leader's son booked for rape, cheating
 Mumbai: A Kerala CPM leader's son has been booked on charges of rape and cheating following a compla  
Two workers killed in Kerala as earth caves in
Two workers killed in Kerala as earth caves in
Joseph terms Jose K Mani''s election unconstitutional, says ''crowd'' can''t elect chairman
INTERNATIONAL NEWS
UK PM candidates fight it out for second place with Boris Johnson
 London: Britain's six prime ministerial candidates face a crunch vote on Tuesday when ruling Conserv
UN calls for 'independent' probe into death of Egypt's Morsi
Trump says having 'extended meeting' with Xi at G20 summit
Hong Kong police clear streets as protesters move to park
NATIONAL NEWS
Over 2.4k HIV deaths in Maha in 11 months: Minister
 Mumbai: Maharashtra Health Minister Eknath Shinde Tuesday said over 2,400 people in the state have d
Maha govt to use Miyawaki system for urban forestation
KCR to skip party chiefs' meet convened by PM, deputes son
2 terrorists, 1 jawan killed in Anantnag encounter
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