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Indian Bank raising $400 million in overseas loan; syndication underwayIndian Bank has embarked on a significant financial undertaking by securing a four-year loan worth $400 million, underwritten by CTBC of Ta...- PNB raising $1 billion for FCNR on-lendingPunjab National Bank is set to secure a substantial one billion dollars through a five-year loan arrangement. This initiative is being coor...
- SBI, HDFC Bank seek $1.7 billion overseas to boost dollar resourcesState Bank of India and HDFC Bank are raising significant dollar funds. These large Indian banks are borrowing from foreign institutions to...
- Kotak Mahindra Bank taps HSBC and CTBC for $600-million overseas loanKotak Mahindra Bank plans a $600 million loan from HSBC and CTBC Bank. Bank of India also secured $600 million through a dual-tranche term ...
- Rupee hits five-week high after oil plunges; traders eye further rallyThe Indian rupee strengthened against the U.S. dollar for a second day. This rise follows a drop in oil prices and measures by the Reserve ...
- Credit Saison India ties up $500 million external financingCredit Saison India has secured $500 million in its largest-ever external commercial borrowing, a multi-currency syndicated transaction inv...
- Taiwan's banks eyeing to expand branches in IndiaTaipei Fubon Bank and CTBC Bank from Taiwan are preparing to establish branches in India, specifically within Gujarat's GIFT City. This ini...
- SMFG India Credit raises $175 million via ECB from Standard Chartered Bank & CTBC BankSMFG India Credit (SMICC) has secured $175 million via External Commercial Borrowing, arranged by Standard Chartered Bank and CTBC Bank. Th...
- EnCharge AI raises over $100 million in funding to bring AI inference chips to marketStartup EnCharge AI raised over $100 million in Series B funding to develop energy-efficient AI inference chips for edge computing. Their a...
- State Bank of India seeks $1.25 billion in India’s largest bank loan of 2024State Bank of India is seeking a five-year loan of up to $1.25 billion, marking the largest dollar-denominated loan from India's financial ...
- TCS wins CTBC Bank deal to digitally transform businessCTBC Bank , which has an extensive international presence, selected TCS BaNCS to simplify its IT landscape and create new digital experienc...
- Rupee ends marginally weaker ahead of US inflation testThe rupee ended at 82.3450, compared with its previous close of 82.3150, after trading in a narrow range through the session.The currency h...
- Rupee slips on dollar strength, marks weekly gainThe dollar index, which measures the currency against six majors, leapt to a 20-year high overnight after data showed a drop in unemploymen...
- HDFC raises $1.1 bn 'social loan' for financing affordable housing segmentHDFC Ltd has raised the amount by way of external commercial borrowings (ECBs). "This landmark financing further promotes HDFC's longstandi...
- Cholamandalam Investment raises $222 million from IFCThe investment also diversifies CIFCL's funding sources.
- HSBC-ING complete blockchain-based transaction for Reliance IndustriesThe payment, a first-ever for India, massively reduced the time taken for processing the documents.
- YES Bank raises $400 million for its IFSC unitThe money will go into supporting the IFSC Banking Unit's growing business.
- Indiabulls Housing Fin raises ₹. 3,000crEmail queries sent to Indiabulls Housing Finance, LIC and Credit Suisse remained unanswered until the publication of this report.
- YES Bank to raise $400 million, shares riseThe syndication, which was announced for an initial size of $200 million with a green-shoe option, saw a total subscription of $355 million.
- Soon, Delhi Metro to have trains that run without driversA total of 68 stations on the upcoming lines would also have Platform Screen Doors for greater safety and to prevent suicide attempts.
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