Bloomberg A hot equity market in India is prompting HDFC Bank Ltd to try to muscle in on the action as companies raise record levels of funding. The government has flooded the market with money in response to one of the world’s worst outbreaks of coronavirus, pushing stocks to dizzying levels and helping companies to boost capital buffers. Despite being ...

Bloomberg The Kazakh bank that received one of the country’s biggest bailout packages in recent years has paid out about $430 million in dividends, including from profits booked before the rescue. First Heartland Jusan Bank, known as Tsesnabank before it was bought by a fund set up by leader-for-life Nursultan Nazarbayev, resumed payouts in 2020, regulatory filings show. In 2018 ...

Bloomberg Bank of Baroda plans to raise 50 billion rupees ($690 million) from sales of shares and bonds after posting an unexpected loss in fourth quarter. India’s state-run lender’s borrowing plan includes raising as much as 20 billion rupees through a sale of shares and up to 30 billion rupees via bonds that qualify as capital, according to an exchange ...