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Icra downgrades various debt instruments of IDBI Bank

Icra downgrades various debt instruments of IDBI Bank

Rating agency Icra today downgraded various debt instruments of IDBI Bank owing to a significant erosion of it's common equity tier I (CET 1), following weak financial performance of the bank in the quarter ended December.

HDFC Bank FPI trade: RBI, Sebi to tighten norms on trigger point
HDFC Bank FPI trade: RBI, Sebi to tighten norms on trigger point

The Reserve Bank and Sebi are looking into the breach of investment limit by FPIs in HDFC Bank stock and will come out with steps to prevent such violation in the future.

Horoscope: By Peter Vidal

Today ( 27 Feb )This Week ( 26 Feb - 04 Mar )

SAGITTARIUS Your creative energy should now be at a peak, but not perhaps because the stars are all on your side. On the contrary, challenging romantic stars remind us of the cliché that all great art stems from… read more