The bond, priced 37.5 basis points tighter compared with the initial guidance of 4.625%, thanks to the overwhelming response from investors.
Existing banks are seeking more capital to face competition from new entrants as the opening up of the banking sector is now imminent.
Some banks in mature and low-margin markets, such as Japan and Taiwan, will need to enhance earnings capacity and their ability to generate capital to meet Basel III.
Suzlon, which has piled up Rs 14,000 crore in debt - almost twice its equity base - has reported losses for the past three years.
Rating company ICRA on Wednesday said that the rating downgrades have moderated in the second half of 2012 on improving economic outlook.
Retail requires basic graduates with understanding of the simplest of details of banking that could bring in customers and keep them serviced.
There may be clauses which could make the business profitable only in the long term and guzzle capital for years that may make it unattractive.
Axis Capital, the investment banking subsidiary of Axis Bank on Monday tied up with Baird, an employee-owned, international financial services firm, to offer investment banking services.
RBI permits builders & HFCs to raise funds through ECBs for low cost housing projects, permitted to borrow $1 bn
Developers with minimum five years of experience in residential projects and those who have not defaulted in any of their financial commitments to banks or any other agencies will be eligible to raise funds overseas.
RBI asked banks to issue on line debit cards where there is an immediate debit to the customer's account, and where straight through processing is involved.
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