Bank of Baroda, Canara Bank to float bonds worth Rs 4,500 crore
Fri, Feb 9, 2024 3:11 PM

Bank of Baroda, Canara Bank to float bonds worth Rs 4,500 crore

A Flip by Shubhangi Gupta
Get it on Google Play
State-owned banks, Bank of Baroda and Canara Bank, are planning to issue bonds worth Rs 4,500 crore. Canara Bank will raise up to Rs 2,000 crore through Additional Tier-I bonds, while Bank of Baroda plans to raise Rs 2,500 crore via Tier-II bonds. The bidding for the bonds will take place in February, with a minimum application size of Rs 1 crore.

More great flips

Tata Motors' JLR Q3 Auto Sales: Wholesales up 3%, retails dip 3%

Tata Motors' JLR Q3 Auto Sales: Wholesales up 3%, retails dip 3%

Tata Motors-owned JLR on Wednesday (January 8) reported a mixed performance for Q3 FY25. Wholesale volumes increased by 3% YoY to 1,04,427 units, reflecting a recovery from prior supply disruptions, while retail sales declined 3% YoY to 1,06,334 units. Shares of Tata Motors Ltd ended at ₹794.85, up by ₹1.45, or 0.18%, on the BSE.

Open Flip
eBay Stock Surges After Meta Launches an Integration Test

eBay Stock Surges After Meta Launches an Integration Test

eBay Stock Surges After Meta Launches Integration Test For Facebook Marketplace: Shares of e-commerce company eBay Inc (NASDAQ:EBAY) are trading higher on Wednesday after Meta Platforms Inc. (NASDAQ:META) said it is rolling out a new test that will integrate listings from eBay directly on Facebook Marketplace. This initiative will initially launch in Germany, France, and the U.S.

Open Flip
Aditya Birla RE says no impact on Niyaara project after SC setback

Aditya Birla RE says no impact on Niyaara project after SC setback

Aditya Birla Group-backed Aditya Birla Real Estate Ltd (ABREL) said that the company does not see any impact in its operations, including its ongoing Birla Niyaara luxury housing project in Worli, as it faced a setback at the SC in its fight with the BMC over possession of a land parcel in Mumbai's Lower Parel, measuring around five acres, after the apex court sided with Mumbai's civic body.

Open Flip

Join our Smart Investment Community

More than 2 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon