
The plan to raise resources via the senior unsecured notes may be to provide leverage to its NRI customers wanting to place fresh foreign currency non-resident (bank) deposit with the bank at higher interest rates
State 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 to bolster the bank's capital position and support business growth. Funds will be raised via various debt instruments fro…

Aditya Birla Capital plans to raise ₹4,000 crore through a preferential issue to strengthen its capital base for growth.