HDFC to raise Rs 3,000 cr via NCDs

HDFC Ltd on Monday said it will raise up to ₹ 3,000 crore by issuing bonds on a private placement basis to augment its long term capital resources.Th

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RBI governor Shaktikanta Das to meet heads of payments banks; ‘sandbox’ guidelines soon

A sandbox approach means experimenting and learning before finally adopting a technology or system.

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HFCs slowdown disbursements; banks expand home loan portfolio: ICRA

The total housing credit outstanding increased by 16 per cent (18 per cent for the same period last year) and stood at a little over Rs. 18 lakh crore as on December 31, 2018.

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Sensex dives 356 points on weak global cues; Nifty ends below 11,360

Vedanta, Tata Motors, Yes Bank, HDFC, ICICI Bank and Kotak Mahindra Bank were among the worst performers on the BSE index with their stocks down as much as 3.33 per cent. Only six out of 30 stocks finished in green on BSE. On the NSE platform, all sub-indices ended in red with Nifty Media and Realty sliding the most, down as much as 2.76 per cent.

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Jet Airways founder Naresh Goyal, wife Anita step down from board

Saddled with more than $1 billion of debt, Jet is struggling to stay afloat. It has delayed payments to banks, suppliers, pilots and lessors - some of which have forced the airline to ground as many as 40 planes.

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