Browsing Tag
AT1 bonds
Banks make beeline to raise capital bonds after IRDAI push
Lenders from to are lining up plans to raise about Rs 10,000-15,000 crore in the next two months through additional tier-1 bonds, according to people ET spoke with.
Banks' resources teams…
SBI set to raise up to Rs 6,000 cr via local AT1 next week
MUMBAI: (SBI) is rushing to raise funds before the interest rate cycle turns following the Reserve Bank of India’s expected liquidity normalisation measures.
India's largest lender is set…
Portfolio inflows to boost India’s forex reserves further: Experts
MUMBAI: Healthy portfolio as well as general FDI capital inflows are expected to further boost India's foreign exchange reserves in the coming weeks.
Accordingly, the portfolio equity…
Axis Bank raises $600 mn via AT1 bonds
Mumbai: Axis Bank on Thursday said it has raised $600 million (around Rs 4,380 crore) through the sale of sustainability-focused AT1 bonds. The dollar-denominated, Basel III-compliant AT1…
Banks approach RBI to raise limit for raising AT1 offshore
Mumbai: Indian banks are said to have requested the Reserve Bank of India that the limit on the overseas sale of bonds under the Additional Tier 1 category be raised to facilitate…
HDFC Bank offshore AT1 bonds are costlier but cheaper than equity
MUMBAI: HDFC Bank, India’s most valued lender, has paid slightly more on selling additional tier-I (AT1) bonds offshore than at home. It recently raised $1 billion via perpetual bond sales…
Top investors rushed for HDFC Bank’s maiden AT1 offshore sale
Mumbai: HDFC Bank’s $1 billion AT1 bond sale, the largest offshore sale of these papers by an Indian entity, was subscribed several times within hours of its launch Wednesday.
The sale…