The lender agreed to raise equity capital up to Rs 8,000 crore in tranches through either or a combination of public issue, rights issue and private placement.
It agreed to raise up to Rs 2,100 crore via Basel III compliant additional Tier 1, Tier 2 bonds.
Source: Exchange filing
The broader market indices were trading marginally higher; S&P BSE MidCap Index was up by 0.18%, whereas S&P BSE SmallCap Index was higher by 0.36%.
Five out of the 20 sectors compiled by BSE declined, while 15 sectors advanced in trade with S&P BSE Realty and S&P BSE Capital Goods gaining the most.
The market breadth was skewed in the favour of the buyers. About 1,897 stocks rose 1,437 declined, and 137 remained unchanged on the BSE.
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The broader market indices opened mixed; S&P BSE MidCap Index was lower by 0.17%, whereas S&P BSE SmallCap Index was higher by 0.12%.
Nine out of the 19 sectors compiled by BSE declined, while 10 sectors advanced in trade.
The market breadth was skewed in the favour of the buyers. About 1,276 stocks rose 952 declined, and 91 remained unchanged on the BSE.
Source: BSE
At pre-open, the S&P BSE Sensex Index was down 43 points or 0.07% at 60,087.98 while the NSE Nifty 50 Index was lower by 2 points or 0.01% at 17,767.30.
Source: Bloomberg
The yield on the 10-year bond opened 2 bps lower at 7.11% on Wednesday.
It closed at 7.13% on Tuesday.
Source: Bloomberg
The local currency weakened by 4 paise to open at 81.96 against the greenback on Wednesday.
It closed att 81.92 on Tuesday.
Source: Bloomberg
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