The country’s largest lender SBI on Friday said its board has approved a proposal to raise Rs 8,931 crore by issuing Basel III compliant bonds to investors. The committee of directors for capit...

State-owned Oil and Natural Gas Corp (ONGC) has raised $300 million in overseas borrowing at a coupon rate of 3.375 per cent, the lowest by any Indian issuer, to meet its capital expenditure.The 10-ye...

State Bank of India (SBI) on Thursday announced its board will meet on June 11 to consider raising up to $1.5 billion from the international markets.The fund-raising plan comes days after rating agenc...

Investor optimism over the unlocking of the domestic economy on Tuesday amid comments made by Prime Minister Narendra Modi at a CII event saw the Sensex rallying 522 points and the Nifty closing a few...

Moody’s Investors Service on Thursday cut its growth forecast for India for 2019-20 to 5.8 per cent from 6.2 per cent, saying the economy was experiencing a pronounced slowdown which was partly rela...

Moody’s on Monday slashed India’s growth forecast for 2020 to 5.4 per cent from 6.6 per cent projected earlier, on slower than expected economic recovery.In its update on Global Macro Outlook, Moo...

Moody's Investors Service on Thursday slashed its 2019-20 GDP growth forecast for India to 5.8 per cent from 6.2 per cent earlier, saying the economy was experiencing a pronounced slowdown which is pa...

 Shares of Yes Bank continued to rally for the fourth consecutive day on Wednesday, sharply rising by 50 per cent after SBI chairman said the bank was keel to to up stake to 49 per cent in the pr...

Amid a shortfall in revenue and the need for more public spending, newly elected CII president Uday Kotak said India needs to maintain financial and fiscal stability even as fiscal deficit will inevit...

Congress leader Rahul Gandhi on Tuesday voiced concern over the state of India's economy, saying global rating agency Moody's has termed its handling by Prime Minister Narendra Modi 'a step above junk...