Tier Ii News

NPS Tier II- Scheme G delivered 11.84% in last one yearOne-year SBI fixed deposit fetches you an interest rate of 5.1%

In the rescue process, Yes Bank’s AT1 bonds worth ₹8,415 crore were written down in full in MarchYes Bank’s total capital adequacy ratio stood at 8.5% in the March quarter, of which common equity tier-I (CET1) ratio was at 6.3% and tier-II ratio was at 2%

The lender said RBI has expressed its inability to accede to bank’s request for payment of interest dues since the bank does not meet the minimum capital requirements currently

Government's push for affordable housing is ensuring tier-II cities are having a larger piece of the housing sales, says real estate advisory firm Liases ForasSmaller towns and cities offer a 'more conducive land' to develop low cost housing, says Liases Foras MD

In a major shift in its domestic route network strategy, Jet Airways will now focus on providing direct connectivity between tier-II cities as it aims to penetrate deeper into such markets

Future Group is looking to increase the penetration of its small stores in tier II and III cities to source about 65% of total sales from its private labels in the next 5 years, says Toshniwal

Lenskart's chief executive Peyush Bansal says the company is planning to launch its IPO in next three years to create value and provide exit option to existing shareholders

Corporation Bank has received shareholders' approval for fundraising by way of issuance of fresh shares and/or issuance of additional Tier I or Tier II capital as per Basel III guidelines

HP plans to expand its retail footprint with 1,000 exclusive retail stores (HP World), up from 490 stores now, by December 2018, with focus on tier II, tier III and tier IV towns

Lenskart is eyeing a total of 700 stores by March 2019 by targeting small towns, tier II and III cities