Tag Archives: Bonds

Future Retail to raise up to $500 million through dollar bonds

Mumbai: Kishore Biyani’s Future Retail Ltd on Saturday said that its board has approved a fundraising plan to raise up to $500 million through dollar denominated bonds, the company said in a filing with stock exchanges. “Further to the decision taken in the Board meeting held on 12th October, 2019, the Board has reconsidered the various funding options for the acquisition of the ... Read More »

Indian Banks May Raise $30 Billion Through Bonds By March 2019: Fitch

Banks need around $90 billion in extra capital by March 2019, says Fitch. New Delhi: Indian banks need around $90 billion additional capital by March 2019 and one-third of this amount is expected to be raised through bonds, according to a report by ratings agency Fitch. Indian banks are likely to become more active in the Additional Tier 1 (AT1) ... Read More »

Yes Bank Raises Rs. 3,000 Crore From Bonds

New Delhi: Private sector Yes Bank on Saturday said it has raised Rs. 3,000 crore from bonds to fund business expansion. With this capital raising, the bank’s Tier-I Capital Ratio will be at 12 per cent including profits and adjusted for pro-rata dividends, Yes Bank said in a statement. The Basel-III compliant additional Tier-1 (AT1) Bonds will be listed on ... Read More »

HDFC Gets Nod To Raise Rs 3,000 Crore Through Masala Bonds

Mumbai: Having already exhausted a Rs 5,000 crore limit to issue masala bonds, mortgage major HDFC on Saturday said the Reserve Bank of India has granted it permission to raise another Rs 3,000 crore from the newly emerging route. “We have approval from the RBI to raise more money. I think, we have approval for Rs 3,000 crores. But, we ... Read More »