IOB raises ₹1,000 crore through Tier 2 bonuses
PSU lender Indian Overseas Bank has mobilized ₹1,000 crore through Tier II bonds.The Chennai-based bank devised a Basel III-compliant Tier ...
ADVERTISEMENT
Tag: raises
The FOMC raises rates by 25 basis points
The Federal Open Market Committee announced it today would increase the target range for the federal funds rate by 25 ...
RBI’s move to reduce audit coverage of PSB branches raises concerns
Authorized Accounts (CAs) conducting the audit of Public Sector Banks (PSBs) are concerned about the new laissez-faire attitude of the ...
Fairmatic raises $46 million in latest funding round
Fairmatic uses an AI-powered underwriting approach to deliver ongoing savings to commercial fleets. The company provides an easy way to ...
PhonePe raises $200 million in additional funding from parent Walmart
PhonePe has raised an additional $200 million in Tier 1 capital from its parent Walmart, with a pre-money valuation of ...
Europe’s central bank raises rates 50bp despite banking chaos
The European Central Bank has carried out a big interest rate hike on Thursday, dismissing predictions that it could fall ...
Ariel Re raises $270 million in capital
Ariel Re, which is backed by Pelican Ventures and JC Flowers & Co, underwrites five focused lines of business: real ...
PhonePe raises $100M in additional funding at a $12-b valuation
Major fintech PhonePe has raised another $100 million in Tier 1 capital from Ribbit Capital, Tiger Global and TVS Capital ...
California Quietly Raises State Income Tax Rate to 14.4%
The state of California has quietly increased its marginal income tax rate to 14.4% as of 2024. Last week, Governor ...
Mortgage platform LoanKuber raises $2 million in funding
Fintech startup LoanKuber, a digital mortgage platform for micro-SMEs, has raised $2 million as part of its ongoing Series A ...
