The firm will issue non-convertible bonds on Tuesday
The fine relates to the matter of misselling the lender's AT-1 bonds few years ago
Earlier in December 2020, he raised exposure to Indian equities twice in this and reiterated his bullish on cyclical sectors as economic indicators showed improvement
Besides redemption pressure in debt market, it will make fund raising difficult for PSBs
Spreads on five- and 10-yr rupee corporate bonds diverging
The firm issued foreign currency convertible bonds
The ratio between the nation's benchmark 10-year yield and the BSE Sensex index's current earnings yield is now at the highest level since 2001, dimming the appeal of equities
The progress in the US stimulus package and gross domestic product (GDP) growth in India for the quarter ended December 31, after two consecutive quarters of contraction, also helped sentiment
Here's a selection of Business Standard opinion pieces for the day
Bond markets are showing signs of nervousness, and yields on the 10-year government bonds are on the rise
None can question the central bank's policy of leaning against the rising yield but the problem is with the way it is being done
"Unification of government bond and corporate bond markets is an idea whose time has come," Tyagi said while speaking at CRISIL's 6th bond market seminar
Shorter-duration funds will benefit from being able to reinvest at regular intervals
A rise in sovereign bond yields means a rise in the interest rate in the economy
RBI must be mindful of inflation risks of higher borrowing
Higher interest rates will clip investment plans of companies and could bad news for FM Nirmala Sitharaman who feels she has kept her part of the deal in Budget FY22 by not raising taxes
The central bank on Friday devolved nearly the entire bond auction on primary dealers, as the markets were demanding higher yields for five-year and 10-year bonds being sold
The company priced the January 2024 bond on Wednesday at a yield of 13.875%
There's now a deepening suspicion that Chinese state owned enterprises will just move good assets out before creditors drag them to court
The exchanges and CCs were supposed to obtain an undertaking-cum-indemnity bond from the trading members within 90 days from the date of Sebi's circular issued on July 1