HDFC Bank shares fall 2% to fresh 52-week low despite victory in Credit Suisse AT1 bonds cases in BahrainHDFC Bank shares fell despite the rejection of all seven Bahrain cases linked to Credit Suisse AT1 bonds. The stock remains under pressure ...
From 52% to 42%: Is HDFC Bank’s 10 percentage point drop in FII shareholding a worrying sign?HDFC Bank has seen a sharp decline in foreign investor ownership since its merger with HDFC, reflecting concerns over slower growth, fundin...
HDFC Bank says all seven Bahrain claims over Credit Suisse AT1 bonds rejectedHDFC Bank has won all seven Bahrain cases filed by Credit Suisse AT1 bond investors, who accused the lender of mis-selling the risky securi...
Global Market: China equities muted as Hong Kong stocks slide amid global risksChinese equities remained largely subdued on Tuesday, with defensive sectors cushioning losses in technology stocks. The Shanghai Composite...
HDFC Bank faces governance test as CEO exit raises questionsHDFC Bank, long regarded as a cornerstone of financial sector, is now under scrutiny for its governance and ethical practices. Recent alleg...
Rough patch! How HDFC group delivered a Rs 4.4 lakh crore blow to investors in one yearIn a significant downturn, HDFC group stocks saw a staggering loss of Rs 4.4 lakh crore in market capitalization over the last year. HDFC B...
Carlisle Investors to approach PMO over alleged HDFC Bank mis-sellingInvestors are planning to write to the Prime Minister's Office this week. They allege mis-selling and substantial losses from a Carlisle pr...
A road in Surrey could soon send its summer heat 100 metres beneath the surface, store it underground and bring it back during winter, turning geothermal energy into a defense against potholesWhat if roads could store summer heat and use it to prevent winter damage? A University of Surrey trial is exploring exactly that. Its geot...
Yes Bank makes bond market comeback years after AT1 write-offYes Bank is preparing its first dollar bond issuance since its 2020 AT1 debt write-off, planning a benchmark-sized three-year note. The mov...
SBI raises Rs 4,691 crore via Tier 1 bonds at 7.75% couponState Bank of India raised Rs 4,691 crore through Basel III-compliant Additional Tier 1 bonds at a 7.75% annual coupon. The issue received ...
Does being rich make you a better investor? Why HNIs often become vulnerable and a better target for wealth managerBeing rich does not automatically make you a better investor. It just means that you get sold to differently. And it makes you more vulnera...
PNB's AT1 issue opens today, base size at Rs 500 crThis will be the first AT1 bond issue from India after the collapse of the Swiss bank Credit Suisse over the weekend. Bank officials said t...
Banks approach RBI to raise limit for raising AT1 offshoreBanks are now permitted to raise up to 49 per cent of the eligible AT1 capital in foreign currency. However, a debate over what is eligible...
Moody's assigns B1(hyb) rating for Axis Bank's proposed AT1 bondsGlobal Rating company Moody's has assigned B1(hyb) or (B+ in simple rating terminology) grade to private sector lender Axis Bank’s proposed...
SBI to raise up to Rs 4,000 crore via AT1 bondsThe sale by the nation’s largest lender could breathe life into a market that was almost dead after the Securities and Exchange Board of In...
36 MF schemes have over 10% exposure to perpetual bonds: CrisilBut overall, no asset management company holds more than 10 per cent of its assets in these bonds, an analysis of February 2021 mutual fund...
IndusInd Bank defers board meet scheduled to raise AT1 bonds“In view of the current market conditions and since the bank is adequately capitalised at present, it has been decided not to consider rais...