Business

SBI could per chance simply no longer bear agreed to spend money on YES Financial institution without AT1 write-off: RBI tells SC

Mumbai: In what may stoke the simmering debate across markets over hurting bond investors to save troubled banks, the Reserve Bank of India (RBI) has told the Supreme Court that State Bank of India (SBI) “may not have even agreed to invest” in Yes Bank if the additional tier-one (AT1) bonds floated by the private…

Published

2 months ago

March 27, 2023

Shrishti

SBI could per chance simply no longer bear agreed to spend money on YES Financial institution without AT1 write-off: RBI tells SC

Mumbai: In what could per chance simply stoke the simmering debate all the absolute top intention by markets over hurting bond investors to keep scared banks, the Reserve Financial institution of India (RBI) has told the Supreme Court that Express Financial institution of India (SBI) “could per chance simply no longer bear even agreed to invest” in Certain Financial institution if the additional tier-one (AT1) bonds floated by the deepest financial institution weren’t written off…
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Business

Main person cos to proceed capex

Several leading consumer facing companies including Hindustan Unilever, Britannia, Voltas, Havells, Blue Star and Titan Company are going to continue their high capital expenditure (capex) and expansion this fiscal as that in FY23, senior executives told ET and analysts in recent earning calls.Much of the capex is ear-marked for new factories…

Published

2 weeks ago

May 16, 2023

Shrishti

A lot of main person facing companies together with Hindustan Unilever, Britannia, Voltas, Havells, Blue Smartly-known person and Titan Company are going to proceed their excessive capital expenditure (capex) and growth this fiscal as that in FY23, senior executives informed ET and analysts in contemporary incomes calls.Much of the capex is ear-marked for ticket spanking contemporary factories…
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