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Yes Bank raises Rs1,000crore via green bonds, double the target
Wed, Feb 25 2015. 10 40 PM

Yes Bank raises Rs1,000crore via green bonds, double the target

Bonds are of 10-year tenor and the money raised will be used for funding renewable energy projects in solar, wind, biomass and small hydel plants
IndusInd Bank to raise Rs2,000 crore via infra bonds, NCDs
Wed, Feb 25 2015. 08 11 PM

IndusInd Bank to raise Rs2,000 crore via infra bonds, NCDs

The proceeds will be used to finance bank’s incremental lending for infrastructure and affordable housing
E-commerce fuels jump in credit card transactions
Wed, Feb 25 2015. 01 29 AM

E-commerce fuels jump in credit card transactions

Outstanding credit card loans stood at Rs30,300 crore as on 31 December 2014, up 24% from Rs24,400 crore a year ago
Piramal fund launches construction finance business
Wed, Feb 25 2015. 01 16 AM

Piramal fund launches construction finance business

Piramal Fund Management approves Rs1,100 crore of loans to real estate projects across cities
Private corporate capex may drop 11% in FY16: Crisil
Wed, Feb 25 2015. 01 02 AM

Private corporate capex may drop 11% in FY16: Crisil

Responses from 192 listed companies showed that overall capex may contract by 4% in 2015-16
Are banks resorting to unfair practices to ensure forex hedging by small firms?
Wed, Feb 25 2015. 12 47 AM

Are banks resorting to unfair practices to ensure forex hedging by small firms?

Govt banks deny forcing SMEs to hedge, admit that rates charged for hedging could differ for different sizes of loans
RBI issues clarification on ARCs
Tue, Feb 24 2015. 11 32 PM

RBI issues clarification on ARCs

ARCs will henceforth require its prior approval only if there is a transfer of 10% of more stake by such firms
PSU banks, unions settle on 15% wage hike; strikes called off
Tue, Feb 24 2015. 01 42 PM

PSU banks, unions settle on 15% wage hike; strikes called off

Employees will receive arrears from November 2012 without interest; every second, fourth Saturday to be holidays
India among six countries probing HSBC over Swiss unit
Mon, Feb 23 2015. 11 55 PM

India among six countries probing HSBC over Swiss unit

HSBC apologizes for transgressions, says practices followed at Swiss unit were a ‘source of shame’
Aye Finance raises funds from SAIF Partners and Accion
Mon, Feb 23 2015. 11 28 PM

Aye Finance raises funds from SAIF Partners and Accion

Accion invests through Venture Lab, a $10 million fund dedicated to providing seed capital and management support to startups
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