SBI has issued additional tier-1 (AT1) bonds worth a total of Rs. 6,872 crores at a cut-off of 7.75 per cent, the lowest rate set for such debt issuances by any bank so far in the current financial year.
ICICI Bank has announced its partnership with the National Payments Corporation of India (NPCI) to launch a range of credit cards on RuPay, the indigenous payments network.
Capital markets regulator SEBI levied fines on Aadhaar Ventures India Ltd (AVIL) and its directors for violating insider trading rules and listing conditions.