Nabfid plans to raise up to $1 billion through bonds and external commercial borrowings (ECB) this fiscal year, according to Managing Direc...

National Bank for Financing Infrastructure and Development may raise funds overseas. The state-run lender considers borrowing up to $1 bill...

The Indian government-backed NaBFID aims to raise 530 billion rupees from the debt market this fiscal year. The bank has already raised 90 ...

NaBFID faces challenges in convincing regulators about higher provisioning for project loans due to lack of comprehensive data in the infra...

The infrastructure lender, which started operations last year, has sanctioned in-principle loans worth 450 billion rupees so far and is rea...

Rai completed his extended term as managing director of state-owned Union Bank of India in May this year. This is the first selection made ...

The Banks Board Bureau (BBB), the headhunter for state-owned banks and financial institutions, has invited applications for the post of man...

In a notification, SR Mehar,deputy secretary in the department of financial services in the Ministry of Finance, said Rai's term which was ...

ICA mechanism was established to arrive at a resolution plan within a specific period (30+180 days) for any account where the borrower miss...

SBI's head Rajnish Kumar has been elected as the chairman of Indian Banks Association for fiscal 2019-20. UBI's G Rajkiran Rai, S S Mallika...

Since the builder failed to repay the loan, the bank's branch in Delhi from where loan was given, had put the property on auction as per th...

In a chat with ET Now, Rajkiran Rai G, MD & CEO, Union Bank of India says that the bank is in the process to raise Rs 2000 crore via QIP an...

When I became a general manager, people began talking about how I should work hard differently towards becoming ED and then MD. But I conti...

"Rs 7,400 crore is our exposure in 11 accounts out of 12. We had a 30% provision in these accounts," Rai said.

Speaking to media soon after the board meeting, Rajkiran Rai, managing director of the bank said that board has given "approval to partner ...

"Only 20% of my assets are at base rate because most of these accounts which were at base rate are gradually migrating to MCLR where the tr...

These recommendations were made to the finance ministry after interaction with eligible candidates towards appointment against future vacan...