Basel Iii-capital-regulations

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Bank of Baroda raises Rs 920 cr by issuing Basel III compliant bonds on private placement basis
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.

RBI allows more foreign stake in private sector banks
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.