01-01-1970 12:00 AM | Source: Reuters
Bank of Maharashtra to issue 3-month CD
India's Bank of Maharashtra plans to raise funds through certificates of deposit maturing in three months, three merchant bankers said on Thursday.
The state-run lender will offer a yield of 7.30% on this issue and has received commitments worth 10 billion rupees ($122.96 million), the bankers said.
The notes are rated A1+ by CRISIL and the terms of the deal were set on Wednesday.
($1 = 81.3300 Indian rupees)
Latest News
Centre launches portal for nurturing skill developme...
Hyundai, Kia`s Europe sales down 7.5 pc in October
AI-powered voice analysis may revolutionise early di...
Rohit Sharma to join Indian team in Australia on Sunday
Evening Roundup : A Daily Report on Bullion Energy &...
Buy Copper Above 825 SL Below 821 TGT 830/833 - Axis...
Over 9 in 10 Indian leaders anticipate an increase i...
Evening Track : Renewed Geopolitical uncertainty fue...
Mahayuti government is going to be formed: Shiv Sena...
Everything will get clear on the 23rd: BJPs Rahul Na...
Tag News
PSU bank stocks best performers in trade while private sector banks down after RBI raises CR...