Suggest green masala bond to attract foreign investors
Non-promoter shareholding in the company exceeded the 10% ceiling prescribed for TReDS operators
The base issue size for ICICI Bank's infra bonds was Rs 1,000 crore with green shoe option of Rs 4,000 crore
10-year paper priced at 7.51%, or about 17 bps above benchmark g-sec yield
The planned issuance worth Rs 10,000 crore includes a greenshoe option of Rs 5,000 crore, the bank said
The fall in the liquidity surplus is owing to multiple factors, including the RBI's interventions in the forex market and a sharp pick-up in bank credit growth, which is currently at nine-year highs
Proceeds to be used for project financing, affordable housing
The RBI announced five measures on July 6 to further liberalise foreign exchange. The measures are aimed at creating a more enabling environment to attract dollars through banking deposits, ECB, FPI
According to SBI's website, the interest rate on US dollar category deposits with maturities up to 2 and 3 years are up by 85 basis points to 2.85 per cent and 3 per cent
The Reserve Bank of India (RBI) hiked the benchmark interest rate, or repo rate, in May and then in June to control demand and liquidity in the economy, bringing CPI down
RBI announced five measures pertaining to the liberalisation of foreign exchange flows into India
Investors should be prepared for further turmoil
During the gradual transition to a neutral stance, maybe over the next couple of months, liquidity management will play an important role in transitioning the WACR closer to the repo rate
Risks for growth and asset prices have increased
The Governor's reminder that the repo rate is still below the pre-pandemic level served as a clear signal that more rate hikes lie ahead
The yield jumped 4 basis points (bps) on Monday after Saudi Arabia - the world's biggest oil exporter - raised prices for Asian buyers
The central bank will likely revise its inflation estimate to 6.2-6.5 per cent, which is way above the upper end of its tolerance band of 2-6 per cent, the economists at Barclays said
In a Q&A, Srinivasan Vaidyanathan says the lender expects to reduce employee turnover at the junior level with the introduction of RSUs
The yield on the 10-year benchmark government bond fell almost 9 bps to end the day at 7.21 per cent
RBI has been slow in withdrawing accommodation