billion

STOCKS 

China stocks eke out gains after Monday’s $720 billion rout

February 4, 2020 Loknath Das $720, after, billion, China, eke, gains, Monday’s, out, rout, stocks

Chinese stocks rose, led by large caps, after a $720 billion plunge that was biggest since the country’s bubble burst

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CURRENCY 

Yes Bank gets shareholders nod to raise USD 1 billion

June 16, 2018 Loknath Das 1%, Bank, billion, gets, Nod, raise, shareholders, to, USD, Yes

(Eds: Dropping words from headline) New Delhi, Jun 12 (PTI) Yes Bank today got shareholders nod for raising USD 1

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BANKING & SAVING 

$3.6 Billion In Hidden Bad Loans Spotlight Indian Banking Stress

February 14, 2018 Loknath Das 3.6%, Bad, banking, billion, Hidden, in, Indian, Loans, spotlight, stress

SBI on Friday said an audit by the RBI showed soured debt was about Rs. 23,200 crore higher HIGHLIGHTS Audit by RBI

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COMPANIES 

Family Immigration Led To John Tu’s Billion Dollar Company

December 19, 2017 Loknath Das billion, company, Dollar, Family, immigration, John, led, to, Tu's

Immigrant entrepreneur and CEO John Tu co-founded Kingston Technology after his sister sponsored him for immigration. Tu and fellow immigrant

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BANKING & SAVING 

Indian Banks Need $65 Billion Capital To Meet Basel Norms By March 2019: Fitch

September 16, 2017 Loknath Das $65, 2019, banks, Basel, billion, By, capital, Fitch, Indian, March, Meet, need, norms, to

Mumbai: Indian banks will need additional capital of $65 billion to meet all of global Basel III banking rules by

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BANKING & SAVING 

Indian banks need additional $65 billion capital to meet Basel III norms: Fitch

September 12, 2017 Loknath Das $65, Additional, banks, Basel, billion, capital, Fitch, III, Indian, Meet, need, norms, to

Indian Banks will require about $65 billion in additional capital, lower than estimated earlier, to meet the Basel III capital

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BANKING & SAVING 

Expect Forex Reserves To Hit $400 Billion By September: Morgan Stanley

August 25, 2017 Loknath Das $400, billion, By, Expect, Forex, hit, Morgan, Reserves, September, Stanley, to

  New Delhi: India’s forex reserves are expected to hit $400 billion by September, driven by robust capital inflows and

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ECONOMY 

Expect Forex Reserves To Hit $400 Billion By September: Morgan Stanley

August 24, 2017 Loknath Das $400, billion, By, Expect, Forex, hit, Morgan, Reserves, September, Stanley, to

New Delhi: India’s forex reserves are expected to hit $400 billion by September, driven by robust capital inflows and weak

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BANKING & SAVING 

State Bank of India $2.3 billion share sale probably to qualified investors, Bhattacharya says

June 8, 2017 Loknath Das $2.3, Bank, Bhattacharya, billion, India, Investors, of, probably, qualified, sale, Says, share, State, to

The State Bank of India expects to complete a planned share sale by year-end, probably through a qualified institutional placement

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CURRENCY 

Companies Spurned by Supreme Court on $1 Billion Michigan Tax Change

May 22, 2017 Loknath Das 1%, billion, By, Change, COMPANIES, Court, Michigan, on, Spurned, Supreme, Tax

May 22, 2017, 7:05 PM GMT+5:30 The U.S. Supreme Court refused to question a Michigan tax change that companies including

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