NTPC to raise Rs 900 crore
Visakapatnam: NATIONAL Thermal Power Corporation is planning to raise Rs 900 crore through international bonds for financing some of its projects, according to its Chairman and Managing Director, Mr C.P Jain.
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ICICI Bank board to raise capital
Mumbai: ICICI Bank has decided to raise capital to sustain higher growth in all of its businesses. The board of the bank is meeting on Tuesday to take a decision on the different aspects of the issue.
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LIC Housing Finance acts against defaulters
Mumba: LIC Housing Finance Ltd has initiated action against the housing loan defaulters under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 a release from the company said.
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SBI launches floating ATM
Kolkata: State Bank of India has in an innovative move introduced the first floating ATM in India, probably in the world, at Kochi today.
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IBA drafts rehabilitation plan for tea sector loans
Kolkata: The Indian Banks' Association has advised banks that with respect to advances made to the tea industry, they should consider converting existing rupee loans into foreign currency denominated funding.
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SBI Life To increase capital base
Mumbai: S BI Life has decided to increase its capital base by Rs 50 crore.
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