State Bank of India: The country’s largest bank SBI is going to raise $3 billion through debt in the financial year 2025. The public sector State Bank of India has revealed its plan on Tuesday. The bank’s board has approved this plan. However, the bank has not given any information about where it will use this money. SBI shares have seen a jump on Tuesday. SBI gave information in exchange filing According to SBI’s exchange filing, $3 billion will be raised through debt in the current financial year. To raise…
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Rekha Jhunjhunwala sells stake in these 5 companies including Tata Communications
Rekha Jhunjhunwala Portfolio: Rekha Jhunjhunwala is counted among the leading investors of the country. Investors always keep an eye on their portfolio. Whatever companies he invests in, they prove to be multibaggers. Now there has been a big change in Rekha Jhunjhunwala’s portfolio. He has also sold his stake in 4 other companies of Tata Group including Tata Communications. He had sold the stake of all these companies in the March quarter itself. Decreased its stake in these 5 companies According to the information, till the end of December quarter,…
Read MoreHDFC Bank Canara Bank Get RBI Nod For Rupee Trade With Russia
RBI Vostro Account For Trade In Rupees : The Reserve Bank of India has allowed two big banks of the country, HDFC Bank and Canara Bank, to trade in rupees with Russia (Special Vostro Account For In Russia) by opening a special Vostro Account. Rupees) is approved to. Also, India is going to benefit a lot from this decision. This is Vostro Account Explain that Vostro Accounts are such accounts, which are opened in one bank for transactions on behalf of another, often foreign, bank. It is an important part…
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