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CENTRAL BANK OF INDIA OFS OVERSUBSCRIPTION
Latest FCNR interest rates: HDFC Bank, SBI, ICICI Bank, PNB, Central Bank of India and moreSeveral Indian banks have updated their Foreign Currency Non-Resident Bank FCNR(B) interest rates. This comes after the government announce...- Banks pay 7% on dollar deposits as India seeks fresh foreign currencyIndian banks are significantly increasing rates on foreign-currency deposits to attract overseas residents, testing the central bank's new ...
- Central Bank of India ordered to pay Rs 2.5 lakh compensation to customer for losing original property papersA consumer commission held the Central Bank of India liable for losing a land title deed deposited as collateral for an agricultural loan. ...
- RBI likely intervenes to support rupee, conducts swaps, traders sayThe Indian central bank likely intervened in the foreign exchange market on Wednesday to bolster the rupee, as maturing non-deliverable for...
- NLC India drops 3% even as gov OFS draws robust institutional demand; retail window opens todayNLC India shares fell sharply on Wednesday even as the government's Offer for Sale (OFS) attracted strong demand from institutional investo...
- NLC India OFS over-subscribed 5 times, institutional buyers put in Rs 4,158 cr bidsThe government's offer for sale in NLC India saw strong demand on the first day. Non-retail investors bid for shares worth Rs 4,158 crore. ...
- India 10-year bond logs best close in 7 weeks as oil prices easeThe Indian bond market celebrated a notable milestone, achieving its highest closing point in seven weeks, primarily thanks to the recent d...
- Analysts see RBI measures steadying rupee, push back depreciation forecastsThe Indian rupee strengthened as falling crude oil prices and central bank measures to attract dollar inflows bolstered sentiment. Analysts...
- NLC India shares fall 3% as OFS worth up to Rs 1,263 crore opensThe government is set to launch an Offer for Sale (OFS) to divest up to 3% of its stake in NLC India, valued at approximately Rs 1,263 cror...
- India banks could raise $35-$40 billion via RBI's foreign currency deposit scheme, PNB CEO Ashok Chandra saysIndian banks anticipate raising up to $40 billion through foreign currency deposits. The Reserve Bank of India is backing a new scheme to a...
- RBI governor says no plans to ease net open position restrictionsThe Reserve Bank of India will maintain its restriction on banks' net open positions. Governor Sanjay Malhotra confirmed no plans exist to ...
- NHPC shares jump 5% as OFS worth Rs 4,300 crore opens for retail investors. Here's all you need to knowNHPC shares surged over 5% as the government's offer for sale (OFS) opened for retail investors. The OFS was oversubscribed 3.47 times on t...
- NHPC OFS subscribed nearly 3.5 times on Day 1, Govt to exercise green shoe optionThe government on Monday announced to sell up to 6 per cent stake in NHPC via OFS at a floor price of Rs 71 per share.
- NHPC shares tumble 5% as govt’s OFS worth up to Rs 4,300 crore opens at 8% discount. Check detailsNHPC Share Price: NHPC shares saw a significant drop of nearly 5 percent. This decline followed the government's launch of an offer for sal...
- Central Bank of India well-positioned to surpass Rs 5,000 cr profit in FY27: MD Kalyan KumarCentral Bank of India targets Rs 5,000 crore annual profit during this fiscal year. A new tax regime offers a significant boost. The bank p...
- Govt to exercise greenshoe option after Coal India OFS draws Rs 19,000 crore bids on first dayStrong institutional demand prompted the government to exercise the oversubscription option in Coal India’s offer-for-sale. Investors place...
- Central Bank's OFS draws 1.28x subscriptionThe government's offer to sell its stake in Central Bank of India saw strong investor interest. The two-day issue closed on Monday with an ...
- Central Bank of India shares tumble as government launches OFSCentral Bank of India shares fell sharply after the government initiated an 8% stake sale through an offer for sale at a floor price of Rs ...
- Govt to sell additional 4% stake in Central Bank of India after OFS subscribed 2.36 times; retail bidding opens on MondayThe Indian government is selling more shares of Central Bank of India. Investor demand was strong, leading to an increase in the stake sale...
- Central Bank of India OFS: Govt to sell up to 8% stake in lender. Check key detailsThe Indian government is selling a stake in Central Bank of India. This offer for sale aims to raise over Rs 2,200 crore. The sale opens fo...
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