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...
Bank of India seeks its first dollar loan in more than a decadeBank of India is raising up to $400 million in its first dollar syndicated loan since 2012, via its Gujarat branch. Reliance Industries, Sh...
Indian shadow bank Shriram Finance gets record $1.28 billion loanShriram Finance Ltd. secured a record $1.28 billion social loan, the largest offshore borrowing by an Indian shadow lender. The multi-curre...
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 ...
JSW Steel raises $900-million loan from eight foreign banksIndia's largest alloy manufacturer, JSW Steel, has raised $900 million from a consortium of eight foreign banks to refinance debt maturing ...
Tata Capital raises $200 million via overseas term loansThe company has the flexibility to price the loan 120 basis points above the one-month, three-month or six-month Secured Overnight Financin...
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's worst behind it; inflows crucial in 2023: AnalystsIndia's current account deficit widened to a more than nine-year high in the July-September quarter on the back of high commodity prices, w...
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.
Government should consider formation of bad bank to deal with stressed assets: Asian Bankers Association chairmanWu expressed doubts over the effectiveness of the Rs 2.11 lakh crore recapitalisation plan announced by the government for state-owned bank...