PSBs prepare to open AT-1, Tier-2 bond floodgates

Public sector banks (PSBs) have proposed the Finance Ministry their plan to raise Rs 54,800 crore through Additional Tier-1 (AT-1) and Tier-2 bonds in the current financial year (FY25), 37 per cent......

SBI eyes Rs 10K cr via infra bond

State Bank of India (SBI), India’s largest lender, is looking to raise Rs 10,000 crore through 15-year infrastructure bonds as early as next week, said multiple sources aware of the......

SBI's Q1 net profit almost flat at Rs 17,035 crore

State Bank of India (SBI) on Saturday reported an almost flat standalone net profit at Rs 17,035 crore for the first quarter of the current financial year. Photograph: Sudipta Banerjee/ANI Photo......

Indian banks need $90 billion to meet Basel III rules: Fitch

With their weak metrics and high bad loans, India's state-run banks have not been investor favourites India's banks will need about $90 billion to meet global Basel III rules which are due to be......