Canara Bank raises USD 300 million

Kochi, Sep 5 (UNI) Canara Bank, acting through its IFSC Banking Unit, has announced that it has successfully priced USD 300 million 5-year bonds issued off its USD 3 billion MTN Programme. Proceeds of the bonds will be applied by the Issuer’s IFSC/GIFT Banking Unit towards the general corporate purposes of the Issuer’s IFSC/GIFT Banking…

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Sensex drops 202.80 points

Mumbai, Sep 4 (UNI) The BSE Sensex on Wednesday slipped 202.80 points to settle at 82,352.64 on weak global cues coupled with concerns about a slowdown in the U.S. economy. The National Stock Exchange (NSE) fell 81.15 points at 25,198.70. The Sensex slumped 710 points to open at 81,845.50. During the day it was lost…

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