The Government of India (GoI) has announced the sale (issue/ re-issue) of (i) 7.04% GS 2029 for a notified amount of Rs 12,000 crore, (ii) 7.23% GS 2039 for a notified amount of Rs 12,000 crore and (iii) 7.34% GS 2064 for a notified amount of Rs 11,000 crore. The auction will be conducted using multiple price method. Both competitive and non-competitive bids for the auction should be submitted in electronic format on the Reserve Bank of India Core Banking Solution (E-Kuber) system on July 26, 2024 (Friday). GoI will have the option to retain additional subscription up to ₹2,000 crore against each security.
Posts in category Business Standard
Federal Bank rises 5% as RBI approves KVS Manian’s appointment as MD & CEO (23-07-2024)
RBI has approved the appointment of Krishnan Venkat Subramanian as the Managing Director & Chief Executive Officer of the Bank, for a period of 3 years, with effect from September 23, 2024
Market nudge higher in early trade; breadth positive (23-07-2024)
At 09:30 IST, the barometer index, the S&P BSE Sensex, was up 96.20 points or 0.12% to 80,598.28. The Nifty 50 index rose 18.85 points or 0.08% to 24,528.10.
Viksit Bharat Budget 2024: RailTel stock rallies 5% on Rs 187 cr-order win (23-07-2024)
The uptick in the stock price came after the company announced that it has secured an order from the Ministry of Railways (Railway Board).
Suzlon Energy Ltd Spurts 4.34%, BSE Power index Gains 1.09% (23-07-2024)
Suzlon Energy Ltd has added 8.33% over last one month compared to 1.38% gain in BSE Power index and 4.58% rise in the SENSEX
RBL Bank announces change in Chairman (23-07-2024)
With effect from 03 August 2024
Last day Alert! Sanstar IPO closes today; should you bid? Check GMP & more (23-07-2024)
The three-day subscription window to apply for the Sanstar IPO, which opened on Friday, July 19, 2024, closes today. Sanstar IPO has been subscribed 13.56 times by July 22, 2024
Crude oil strategy for Budget 2024 day: WTI eyes breakout, next target: $82 (23-07-2024)
Budget 2024-25: How to trade WTI crude oil today? Find out strategy, key levels here
Piramal Capital & Housing Finance update on USD 300 mn Euro bond issuance (23-07-2024)
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L&T Technology Services partners with SymphonyAI (23-07-2024)
To provide transformative AI operations to enterprises