In the last quarter, the YES Bank had raised Rs 830 crore through debt issuances. It raised Rs 380 crore of hybrid debt from IFC.
High loan-to-deposit ratio will make it difficult for lenders to lower borrowing costs even if the RBI takes policy measures to ease the pressure.
Dhanlaxmi Bank's 13.3% stake in brokerage Destimoney Securities hangs in balance as the lender is stuck since conflicting banking and securities regulations make a decision impossible.
The 84-year-old Thrissur-based community lender is seeking to raise Rs 200 crore in debt and plans an equity issue in the first quarter.
Dhanlaxmi may sell its 15% holding in Destimony after the RBI raised objection to the PSBs being categorised as the dominant promoter group.
The Reserve Bank of India (RBI) has turned down Dhanlaxmi Bank’s plea for a one-time waiver of priority sector lending target.
Chadha and Alan Cloetehave been appointed co CEOs of Deutsche Bank Asia Pacific, beginning June.
Standard Chartered rose to 20% limit and could gain more after the FM Pranab Mukherjee in his budget allowed two-way fungibility of IDR.
Companies in distress are rushing to restructure loans before the close of the fiscal to ensure working capital flows next year and help banks dress up financial ratios.
Kamath, who is three months into his new assignment, is faced with the challenge of getting fresh mandates and attracting new talent.
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