The ICICI Bank bonds, carrying a coupon of 9.90% per annum, are rated AA+ by rating agencies CARE, ICRA and Crisil
1 min read28 Dec 2018The Tier 1 Investor Visa, used by many high net worth Indians over the years, was to be suspended from midnight last Friday over fears of its misuse. The UK government now says the plans are on hold.
2 min read13 Dec 2018A recall of the additional tier-1 bonds, or AT-1 bonds, could possibly lead to investors taking a hit on their investments
3 min read28 Feb 2018Oriental Bank of Commerce wants to raise Tier I capital through private placement of Basel III compliant additional Tier I bonds of Rs10 lakh each aggregating to Rs500 crore
1 min read30 Oct 2017State-run lenders Bank of Baroda, Punjab National Bank, Corporation Bank and two others may soon sell tier-I bonds
2 min read13 Oct 2017The Staff Selection Commission has released the admit cards for CGL 2017 Tier 1 examination on its website ssc.nic.in. Here's a guide on how to download it
1 min read26 Jul 2017Ratings agency Icra downgrades IDBI Bank's outstanding debt worth Rs25,924 crore, including AT-1 bonds, citing its weak capital position due to bad loans
4 min read24 May 2017Reserve Bank of India (RBI) relaxes branch authorization policy, removes restrictions on opening outlets in Tier 1 centres, in a rework of definition of bank branches
2 min read19 May 2017SBI perpetual notes are being hoarded and hunted by traders betting India's biggest lender will buy them back as it puts its capital structure in line with Basel regulations
3 min read19 Apr 2017A total of 1,100 men and women in different age categories (22-50 years) in India participated in the study
1 min read11 Apr 2017The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared