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"Call auction sessions are conducted on multiple stock exchanges. The discovered price / equilibrium price pursuant to such call auction sessions could be different on each exchange," Sebi said in a circular.

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Ownership of foreign portfolio investors (FPI) in the bank has declined from 40.90% in the December 2022 quarter to 39.42% in the March 2023 quarter. As the shareholding is published before the MSCI price cut-off date for the May 2023 review, the weight increase is likely next month, said analysts.

Bitcoin rallies past key $30,000-mark

Updated at : 2023-04-12 07:20:04

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The leading digital currency has surged 6.29% in the past 24 hours to reach $30,160 as of 2300 IST on Coinmarketcap. While it has risen by 72.62% in the last 90 days, it remains down by 23.82% year to date.

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The Power Finance Corp subsidiary had initially announced a bond sale worth up to ₹3,000 crore, comprising a base size of ₹500 crore and a green-shoe option of ₹2,500 crore.

The rating agency expects the interest burden on corporates to surpass pre-Covid levels in terms of value, increasing 30% in FY24 compared to FY22, with the cost of debt likely to increase across all categories irrespective of the size of the corporate.

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Oil prices fell on Monday after rising for three straight weeks, after U.S. jobs data pointed to a tight labor market, heightening expectations of another Federal Reserve rate hike that could curb oil demand.

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"Climate change has been recognised as one of the most critical challenges faced by the global society and economy in the 21st century. The financial sector can play a pivotal role in mobilizing resources and their allocation thereof in green activities/projects," RBI said in a statement.

Indices surge for 7th day, bank stocks lead rally

Updated at : 2023-04-12 06:45:04

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Banks and financials led the charge on Dalal Street that saw the Sensex reclaim the 60,000-mark, and the Nifty near its crucial resistance of 17,800 levels.

HDFC Bank plans to raise Rs 50,000 cr through bonds

Updated at : 2023-04-12 06:45:04

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"The bank proposes to raise funds by issuing Perpetual Debt Instruments (part of Additional Tier I capital), Tier II Capital Bonds and Long-Term Bonds (Financing of Infrastructure and Affordable Housing) up to total amount of ₹50,000 crores over the period of next 12 months through private placement mode," the lender said in an exchange filing.

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