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REC FUNDRAISING PLAN
SBI’s board clears record Rs 60,000 cr fundraise in FY27State Bank of India's central board has approved raising up to Rs 60,000 crore this fiscal through rupee and dollar bonds. This move aims t...
Stocks in news: Airtel, Tata Motors, Dr Reddy's, NTPC, Dixon TechnologiesMarkets faced selling pressure on Tuesday due to weak global cues and macroeconomic concerns, with the Nifty approaching support at 23,150....
REC shares rise 2% amid Rs 1.55 lakh cr fundraise plans, SPV strike offREC Share Price: The REC board has approved a Rs 1.55 lakh crore fundraising plan through bonds and proposed the strike-off of Rajgarh III ...
State-run fin companies line up Rs 20,000 cr bond issue despite rising yieldsREC raised up to ₹6,000 crore through two bond issuances on Tuesday, while India Infrastructure Finance is looking to raise ₹2,000 crore vi...
GR Infraprojects to raise $200 millionGR Infraprojects plans to raise Rs 1,670 crore in equity capital through Standard Chartered Bank to fund greenfield power transmission proj...
REC gets soft commitments for $300 million worth of Yen bondsIt could raise funds for as low as 6.5% interest cost including the cost of currency hedging if its first attempt at a Yen bond sale is suc...
India corp bond issuance on track to hit record highs this fiscal year: BankersIn the months of April to July, firms raised 3.51 trillion rupees via bonds, of which fundraising in July was the lowest at 539 billion rup...
Kotak Bank plans to raise up to Rs 2,500 cr via bondsThe private sector lender is likely to carry out a bond sale with a base size of ₹1,250 crore and a greenshoe option worth the same amount ...
SBI looks to raise up to $2 billion in FY24 via overseas bond salesState Bank of India plans to raise up to $2bn in foreign bond sales by FY 2024, with board members set to discuss a fundraising strategy du...
REC to tap dollar bond market after EXIM Bank's successWe will work on our plans of dollar bond issuance and would want to issue these notes in February-March," said the official, requesting ano...
Firms raise record Rs 7 lakh crore via debt placement in FY17Pvt firms garnered Rs 4.24 lakh cr while govt owned organisations mopped up Rs 2.8 lakh cr.
Rel MF files for 2nd tranche of CPSE ETF;govt to fetch Rs 3KcrReliance Mutual Fund has filed draft offer documents with capital markets watchdog Sebi to garner over Rs 3,000 crore for the government th...
State-run Cos REC, PFC, PGC etc expect rates to fall, may offer short tenure bondsThe industry expects a boost to economic growth and fall in interest rates. Both REC and PFC may go for three-five year maturity buckets.
Power utilities to raise funds as bond yields risePower utilities - from discoms to transmission companies - are scouting for resources in an otherwise cautious market weighed down by risin...
- Won't need capital for 5 years if FCCB is approved: HD Khunteta, REC
In a chat with ET Now, HD Khunteta, Director Finance, REC, talks about REC's fund-raising plans and expectatrions from the forthcoming Unio...
- Rural Electrification Corp reaches out to Swiss investors to raise $200 m
REC seeks to raise $200 million equivalent in Francs through a bond sale since US dollar loans get expensive amid hoarding by crisis hit Eu...
- India Inc lines up bond sale plans after RIL's record issue
Enthused by corporate giant Reliance Industries' $1.5-bn bond sale, a host of cos have lined up plans to raise funds through sale of bonds ...
- Cos develop cold feet, put off foreign borrowings
A sudden aversion among international investors for emerging market debt in the backdrop of the recent Eurozone financial crisis is forcing...
- Rising yields, tight liquidity stop PSUs on bond track
IDBI, REC fail to get full subscriptions for their bond issues, while SBI, PFC and PowerGrid adopt a ‘wait & watch’ policy.
- REC's Rs 5,500-cr bond issue by month-end
In order to meet its rural electrification targets, Rural Electrification Corporation (REC) will begin its Rs 5,500-crore fund-raising prog...