SBI raises $1 bn from JBIC, other Japanese lenders

These are untied loans, meaning SBI has freedom to use this money to lend. They also do not come with any conditions attached for lending to specific projects or programmes. The country’s......

How the economy stands to gain from bank recapitalisation move

The move will have cascading effects for lot of related sectors The government’s recapitalisation plan can give a big push to the anaemic credit growth in the system, as banks now will have......

RIL raises $550 mn from Japanese banks

Reliance Industries Limited on Wednesday said it has raised $550 million loan for part-funding expansion of its petrochemical plant and new gasification unit from Japanese banks. "In continuation......

RIL raises $4 bn in India's largest-ever foreign currency bonds issue

Reliance Industries Ltd, the nation's most valuable company, on Thursday said it has raised $4 billion (around Rs 30,000 crore) in debt through the largest ever foreign currency bond issuance by an......

LPGA Classic: Another top-10 finish for golfer Aditi Ashok

IMAGE: Aditi Ashok has risen to 15th on the LPGA's Race to CME Globe and could well go better than career-best 48th in world rankings. Photograph: Aditi Ashok/Instagram Aditi Ashok's good run......