Business
Bank of Baroda raises Rs 920 cr by issuing Basel III compliant bonds on private placement basis
The issue which opened on Thursday and closed the same day, saw a total of 11 allottees through private placement of bonds, Bank of Baroda said in a BSE filing.
Business
RBI allows more foreign stake in private sector banks
The Reserve Bank of India has allowed foreign banks higher shareholding in private sector lenders in the country under exceptional situations as it tweaked the guidelines, against the backdrop of norms on licensing of new banks.