SMFG India Credit raises Rs 600 cr via maiden rupee-denominated perpetual debt issuanceJapan's Sumitomo Mitsui Banking Corporation has raised Rs 600 crore through its maiden rupee-denominated perpetual debt issuance and the mo...
10 Jan, 2024, 05.58 PM IST
HDFC Bank to consider raising up to Rs 50,000 crore in debt over next 1 yearThe fresh fundraising proposal comes ahead of the bank's merger with HDFC, which is expected to be completed by the end of the June quarter.
11 Apr, 2023, 06.31 PM IST
Indian banks may raise more funds to meet credit needs, lock rates"We can see more banks issuing Basel III-compliant as well as infrastructure bonds, with funds getting easily absorbed over the next quarte...
22 Sep, 2022, 03.50 PM IST
Union Bank of India to allot Basel III bonds of Rs 2,000 crore next weekThe bonds, with face value of Rs 1 crore each, are perpetual in nature and bear coupon of 8.70 per cent per annum. Perpetual bonds carry no...
18 Nov, 2021, 09.00 PM IST
RBI issues draft circular on allowing UCBs to augment capitalThe UCBs, as per the draft, will be permitted to raise Tier-I and Tier-II capital by issuing Perpetual Non-Cumulative Preference Shares (PN...
14 Jul, 2021, 06.32 PM IST
Relaxed valuation rule for perpetual bonds to help in avoiding panic redemption: ExpertsIndustry experts said there will be no panic redemption in these bonds with this temporary relief. However, they differ on views whether th...
23 Mar, 2021, 07.06 PM IST
Amfi supports Sebi new rule on capping MF exposure to perpetual bondsIn a statement, the Association of Mutual Funds in India (Amfi) said "it fully supports the need and spirit of the circular in capping expo...
12 Mar, 2021, 03.57 PM IST
Cos seeking bank guarantee now buying PSB perpetual bondsCompanies that seek bank guarantees now prefer to buy perpetual bonds instead of subscribing to low-yielding bank fixed deposits. The compa...
14 Dec, 2020, 07.16 AM IST
Sovereign perpetual bonds: An idea whose time has comePerpetual bonds are a standard instrument in the kitty of capital markets today.
05 May, 2020, 03.12 PM IST
Airtel Mauritius arm to raise Rs 1,800 croreThe second tranche perpetual bonds comes after the company recently raised $3 billion via a private placement of shares and overseas bond s...
13 Feb, 2020, 08.38 AM IST
Bharti Airtel subsidiary to raise additional $250 million via perpetual bondsThis amount will be in addition to existing securities of $750 million that the company has raised.
12 Feb, 2020, 03.44 PM IST
Perpetual bond withdrawal hits some investorsThe recall has also left some wealthy individuals, trusts and mutual funds taking a hit on their future income stream
21 Mar, 2018, 08.24 AM IST
BoB to raise Rs 1,650 crore from bondsThis is within overall board approved limit of Rs 3,000 crore for AT-1 bonds, it said in a filing on stock exchanges.
10 Oct, 2017, 03.20 PM IST
HDFC Bank plans largest perpetual debt offeringThe proposed $780 million worth of notes are the lender’s first under Basel III norms.
27 Apr, 2017, 07.02 PM IST
- RIL raises $800 mn in perpetual bonds, makes history on pricing
Reliance Industries, with a cash balance of nearly Rs 84,000 crore, today raised USD 800 million via a perpetual bond sale at 5.875 per cen...
29 Jan, 2013, 10.34 PM IST
- ICICI set to raise $350m overseas hybrid capital
ICICI Bank is set to raise up to $350m through a perpetual bond issuance after the country’s banking regulator unveiled norms for raising c...
17 Aug, 2006, 12.38 AM IST
- UTI Bank raises $150 mn hybrid capital abroad via MTN issue
UTI Bank on Friday raised capital abroad through a debt offering, the first one to take advantage of recent norms unveiled by the India’s b...
05 Aug, 2006, 12.00 AM IST