Tax-free bonds can have higher returns than bank rates
Tax-free bonds can provide returns that are higher than the prevailing interest rates offered by banks.
Apr 10, 2015, 19:21 PM IST
IOB to raise Rs 1000 cr to augment additional Tier-1 capital
Public sector Indian Overseas Bank plans to raise Rs 1,000 crore to augment the additional Tier-I capital and also to strengthen its overall capital.
Jan 31, 2015, 16:33 PM IST
Banks can shift excess bonds from held-to-maturity 3 more times in 2015: RBI
Usually banks are allowed to transfer bonds to and from HTM to available-for-sale and held-for-trading once a year in April.
Oct 07, 2014, 19:24 PM IST
