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Bank bond News

10 Apr 2015

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.

Indian Overseas Bank

31 Jan 2015

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.

07 Oct 2014

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.

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