Finance Ministry expects 6 banks to raise funds via FPO as market improves
Stock prices on the mend, the Finance Ministry will nudge at least six public sector banks to hit markets to raise funds and ease the pressure on the exchequer of pumping in capital as per the Indradhanush plan.
Apr 16, 2017, 17:33 PM ISTBank stocks in limelight on hopes of reforms
Shares of ICICI Bank rose by 2.81 percent, Yes Bank was up 2.60 percent, AXIS Bank (2.44 percent), Kotak Mahindra Bank (1.48 percent) and HDFC Bank (1.43 percent) on the BSE.
Jan 02, 2015, 17:54 PM IST