PRE-MARKET INDIAN STOCKS NEWS: Vodafone Idea (IDEA IS) is set to receive about USD 3.5bln in debt financing from a lender group led by State Bank of India to support the rebuilding of its business
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Canara Bank (CANBK IS) - Co. plans to raise up to INR 45bln through Basel III-compliant Additional Tier 1 bonds and up to INR 40bln through Tier 2 bonds. (Economic Times) HDFC Bank (HDFCB IS) - Co. said a Bahrain court rejected two claims filed against the bank by investors in Credit Suisse Additional Tier 1 bonds, taking the total number of favourable judgments for the bank in similar cases to seven. (Moneycontrol) Kotak Mahindra Bank (KMB IS) - Co. said Group President and Head of Commercial Bank Manish Kothari has resigned effective 30 September 2026, with the Commercial Bank portfolio to be integrated into its Retail and Institutional business segments. (Economic Times) Vodafone Idea (IDEA IS) - Co. is set to receive about USD 3.5bln in debt financing from a lender group led by State Bank of India to support the rebuilding of its business, according to Bloomberg. (Economic Times) National Stock Exchange of India - IPO price band set at INR 1,700-1,785/shr. (Newswires)
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