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State-run banks to mop up ₹55K crore this fiscal

The New Indian Express Bengaluru

|

December 05, 2024

PUBLIC sector banks have chalked out major debt-fund raising plans to the tune of ₹54,800 crore by selling additional tier-1 (AT-1) and tier-2 bonds in the reminder of the current financial year to shore up their regulatory capital or core capital.

Of this, they have already raised ₹31,500 crore, as per sources.

If materialised, as they need to get the goahead from the finance ministry, they will be mopping up 37% more than what they had done so in FY24 of ₹39,880 crore.

FLERE HISTORIER FRA The New Indian Express Bengaluru

The New Indian Express Bengaluru

India's chess World Cup campaign over

GRANDMASTER Arjun Erigaisi was knocked out of the FIDE World Cup, losing to Wei Yi of China 1.5-2.5 in the first set of tiebreak games here on Wednesday. It was a shocker for Arjun who ran out of luck in the rapid tiebreak games wherein the Chinese put pressure in the first game before eventually drawing while in the second Arjun just lost control and will have to go back home.

time to read

1 mins

November 20, 2025

The New Indian Express Bengaluru

Modi to attend G20 summit in Joburg

PRIME Minister Narendra Modi will travel to Johannesburg, South Africa, from November 21to 23 to participate in the 20th G20 Leaders' Summit, External Affairs Ministry announced on Wednesday.

time to read

1 mins

November 20, 2025

The New Indian Express Bengaluru

Cong dilemma in Upper House

With assembly seats shrinking post Bihar rout, party may lose ground in polls for 75 RS seats next yr

time to read

2 mins

November 20, 2025

The New Indian Express Bengaluru

Jeremy Strong, Gillian Anderson to team up

NETFLIX has officially commissioned The Boys From Brazil, a limited series adapted from Ira Levin's 1976 novel.

time to read

1 min

November 20, 2025

The New Indian Express Bengaluru

CLOUDS ON THE NUCLEAR HORIZON

OURS before his October 30 meeting with Xi Jinping, Donald Trump announced that he had instructed the US department of war to “start testing nuclear weapons on an equal basis” immediately.

time to read

3 mins

November 20, 2025

The New Indian Express Bengaluru

Frame national policy, uniform rules on organ transplant, SC tells Centre

ALSO IN TOP COURT

time to read

1 mins

November 20, 2025

The New Indian Express Bengaluru

Israeli attack kills 1, injures students; hits Hezbollah site

THE Israeli military carried out airstrikes in southern Lebanon on Wednesday on what it said was Hezbollah infrastructure after a drone strike earlier in the day killed one person and wounded several others, including students on a bus.

time to read

1 min

November 20, 2025

The New Indian Express Bengaluru

Brave cop killed in C’garh Maoist encounter

Struck by Naxals’ bullets, he fought till the end

time to read

2 mins

November 20, 2025

The New Indian Express Bengaluru

Rinku ends TN's bid to qualify for quarters

SORRY SEASON FOR TAMIL NADU

time to read

1 mins

November 20, 2025

The New Indian Express Bengaluru

The New Indian Express Bengaluru

Russian drone kills 25; Kyiv asks Vatican to formalise role in child-return efforts

A large Russian drone and missile barrage on Ukraine’s western city of Ternopil killed at least 25 people, including three children, authorities said Wednesday, as President Volodymyr Zelenskyy arrived in Turkey in search of diplomatic support for his fight against Russia's invasion.

time to read

1 mins

November 20, 2025

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