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INDIAN BANKS RAISE FUNDS
ETtech Deals Digest: River, Sarvam rounds lift startup funding to $314 million this weekEarly-stage deals accounted for 58.4% of the capital raised during the week, while late-stage rounds made up 37%. Seed stage startups compr...- PayGlocal to raise Rs 36.4 crore from Beenext at Rs 1,140 crore valuationThe company’s shareholders on July 25 approved the issue of 5,074 pre-series C compulsorily convertible preference shares at Rs 71,693.02 a...
- ICICI Bank, Axis Bank tap dollar debt again in less than two months: ReportICICI Bank and Axis Bank have returned to the U.S. dollar debt market, each looking to raise $300 million through upcoming bond issues, set...
- India on track to exceed key fundraising goal on state-firm stake salesIndia is poised to achieve its divestment aspirations this fiscal year, with enhanced momentum in stake sales and asset monetisation. Altho...
- Jefferies' Chris Wood sells HDFC Bank, PB Fintech shares to buy 2 new stocksJefferies' Christopher Wood is reshuffling his India long-only model portfolio, dropping HDFC Bank and PB Fintech's PolicyBazaar in favor o...
- FPIs, trading companies tap Sebi, centre for tax breatherInvestors from abroad are pressing regulators for a decrease in securities transaction taxes to alleviate the burden of double capital gain...
- JSW Energy RE arms borrow ₹4,000 cr from banks, NaBFIDJSW Energy's renewable arms secured over four thousand crore rupees in long-term loans. These funds will finance ongoing and future renewab...
- Corporate bond mobilisation falls 8.4% in FY26, first decline in four years: SebiIn FY26, Indian corporate bond fundraising experienced an 8.4 percent drop. However, the total number of bond issuances climbed to 1,967, s...
- Banks welcome RBI's steady rates, see boost to credit growthThe Reserve Bank of India kept its benchmark repo rate steady at 5.25 percent. It also raised its economic growth forecast and lowered infl...
- 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...
- FCNR(B) is now Plan A for Gulf NRIs, leaving India-focused funds behindInvestment funds focused on India face fierce rivalry with the RBI's FCNR(B) deposit options. With investors drawn to the security of guara...
- Government approves senior bureaucrats' postings to IMF, ADBThe Centre has approved several key foreign postings for senior bureaucrats. Satyajit Mohanty will represent India at the International Civ...
- Will FCNR (B) deposit scheme that's bringing billions of dollars to India end? RBI Governor says thisThe Reserve Bank of India will continue its special FCNR(B) deposit scheme. This scheme has already attracted tens of billions of dollars i...
- Nvidia bets on Sarvam AI; Sidbi eases fund rules for VCsHappy Wednesday! Sarvam’s Pratyush Kumar has confirmed adding Nvidia to the AI startup’s captable. This and more in today’s ETtech Morning ...
- Cash flow financing firm GetVantage raises Rs 63 crore in equity, debtMumbai-based GetVantage secured sixty-three crore rupees in a funding round. This capital infusion was led by Rajeev Ahuja and SanRaj Group...
- Global Market: SoftBank earnings in focus as AI investment push raises funding, debt questionsSoftBank faces investor scrutiny over financing its AI expansion and managing debt. The company plans to fund significant AI commitments wh...
- Indian banks' new hunt for diaspora dollars pumps up loans marketsIndian banks are raising significant dollar funds offshore to boost foreign currency deposits. Global banks are actively arranging these do...
- 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...
- Indian Oil raises $500 mn under RBI's concessional forex swap window, eyes moreIndian Oil Corporation secured five hundred million dollars through a special Reserve Bank of India swap facility. This concessional forex ...
- 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...
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