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Ujjivan Small Finance Bank closes QIP issue; raises Rs 475 crore Ujjivan Small Finance Bank on Thursday closed the qualified institutional placement through which it raised Rs 475 crore by issuing over 22.6 crore shares. The Small Finance Bank (SFB) issued a total of 22,61,90,476 equity shares at an issue price of Rs 21 per piece. The Qualified Institutions Placement ...

IndusInd Bank re-appoints Sumant Kathpalia as MD & CEO for 3 years Prior to joining IndusInd Bank, Kathpalia had stints with Citibank, Bank of America and ABN Amro

SBI BPLR Rate: SBI hikes base rate, Benchmark Prime Lending Rate (BPLR) by 70 bps [ad_1] The State Bank of India (SBI) has increased its base rate and benchmark prime lending rate (BPLR) on Wednesday by 70 basis points (bps) to 8.7% and 13.45%, respectively. The higher rates are effective from September 15, 2022. According to the SBI website, “Benchmark ...

SBI Card raises Rs 500 cr through bonds on private placement basis Dear Reader, Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only ...

Top 5 cryptocurrency to invest in during a crypto bear market [ad_1] Since the beginning of 2022, the cryptocurrency market cap has corrected by over 60%. In such a volatile market, users may be looking for the top cryptocurrency to invest in now. This guide shows investors how to invest during a bear market by suggesting 5 top cryptos to ...

SBI clarifies it's not a nodal bank for Russia-related transactions The country’s largest lender, State Bank of India (SBI) on Thursday clarified that it has not been identified as a nodal bank for handling Russia-related transactions

What happened to cryptocurrency today? How to react to the current market conditions [ad_1] After a bearish run throughout 2022, the crypto markets are showing some signs of a potential reversal in the coming months. This guide discusses what happened to the crypto market today and the best 5 cryptos to invest in right now. The top 5 cryptos to ...

8 top new altcoins to invest in for 100x growth [ad_1] While Bitcoin is leading the way in 0market cap for cryptocurrencies, investors are looking for the top new altcoins to invest in for potential gains. Therefore, this guide will discuss some of the best new altcoins to invest in and what new cryptos will grow 100x in 2022. The ...

SBI likely to sell Rs 4k crore tier-2 bond next week; demand seen strong The country’s largest lender State Bank of India is likely to raise Rs 4,000 crore through the issuance of tier-2 bonds next week in order to augment capital amid firm credit growth, sources told Business Standard. The public sector bank had sold additional ...

5 lowest transaction fee cryptocurrencies in 2022 [ad_1] For many transactional, play-to-earn, and utility-focused cryptocurrencies, providing users with the lowest crypto transaction fees possible is a must. Throughout this guide, we’ll be taking a look at 5 of the lowest fee cryptocurrencies on the market and explaining how to buy our top pick. Let’s get started. Lowest transaction fee cryptocurrencies ...