Out of 200-odd countries, just 16 nations have the coveted triple-A rating.
With the stock coming under pressure, the MF holding value could have dropped to Rs 50 billion, back-of-the-envelope calculations show.
The bank had earlier announced that it would double its medium term note borrowings to shore up the tier-II capital to $10 billion this fiscal.
Aseem Chhabra picks 10 fascinating films he watched in Macao -- a blend of Asian, independent, Hollywood projects and even a 66-years-old classic Japanese film that still stands the test of time.
The market breadth was negative. Out of 2,855 stocks traded on the BSE, there were 1086 advancing stocks as against 1,642 declines.
The Pakistani bowling legend Shoaib Akhtar has slammed the cricket team, saying that most of the current players are 'mentally disturbed' and that the country's sport is currently enduring its 'darkest era'.
Indian origin spinner Arjun Nair has been named in Cricket Australia's 18-member National Performance Squad for the upcoming Quadrangular Winter 'A' Series, which will also feature India 'A', Australia 'A' and South Africa 'A', starting August 13.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances