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The Indian market closed higher on Thursday with the Sensex and Nifty snapping a four-session losing streak, lifted by IT stocks ahead of the Reserve Bank of India’s policy decision on Friday. The S&P BSE Sensex rose 158 points, or 0.19%, to close at 85,265.32, while the NSE Nifty 50 advanced 48 points, or 0.18%, […]
Canara Bank on Friday raised Rs 3,500 crore of Additional Tier 1 (AT1) bonds at a coupon of 7.55% per annum, barely a week ahead of the Reserve Bank of India’s bi-monthly monetary policy announcement scheduled for December 4.This is the first issuance of AT1 bonds by a bank in this fiscal year, people aware […]
