Apart from the special deposit scheme, Bank of India has raised interest rate on its existing 555-days fixed deposit scheme to 6.30 per cent
The outflow from the so-called Fully Accessible Route, or FAR, securities marked the first such withdrawal in seven months
Mahindra & Mahindra Financial Services on Monday said it has raised Rs 275 crore by issuing bonds on a private placement basis. A meeting of the committee of directors was held on October 31, 2022 and it approved the allotment of 2,750 secured redeemable principal protected non-convertible market linked debentures, the company said in a regulatory filing. The face value of the bond is Rs 10 lakh each, aggregating to Rs 275 crore. Mahindra Finance stock was trading at Rs 202.25, down 1.68 per cent on the BSE.
Indian corporates are likely to raise double the amount of funds through the public issue of bonds in the second half of this fiscal than they did in the first
Adani Ports' seven dollar-denominated notes have lost about 14% on average so far this year, while Adani Electricity Mumbai's 2030 securities have retreated about 17%.
Milestone achieved within three years of launch of first tranche
The finance ministry is yet to confirm their participation and draw broad contours of the bond issuance
Dip in dollar, bonds, and oversold markets boost global equities
The wait is indeed getting longer but it's certainly not an absurd drama
When banks led by Morgan Stanley agreed in April to help finance Elon Musk's purchase of Twitter Inc., they were eager to aid an important client, the richest person in the world
CLOSING BELL: The benchmark indices snapped their seven-day losing streak as the RBI delivered a 50-basis point repo rate hike, and underscored the resilience of the Indian economy in his statement
The decoupling of Indian equity markets, this year, from the global markets has been remarkable. While the S&P 500 has lost over 20 per cent in CY22 so far, the Nifty50 index is marginally in the red
Finance ministry official says not engaged in dialogue regarding it
The benchmark US 10-year yield was little changed at 3.945 per cent after earlier climbing to 4.015 per cent.
Green bonds are debt instruments the proceeds of which are utilised to finance projects that are beneficial to the environment
Yield spread between Sensex earnings and US 10-yr G-Sec narrowest in 12 years
Hope of global index inclusion drags down bond yields, FPI flows bolster rupee
Private sector lender HDFC Bank on Thursday said it has mobilised Rs 3,000 crore from bonds to fund business growth. The bank issued and allotted bonds to investors on a private placement basis on Thursday, HDFC Bank said in a regulatory filing. These unsecured, subordinated, fully paid-up, non-convertible, Basel III compliant perpetual debt would carry a coupon rate of 7.84 per cent, it added.
Canara Bank plans Rs 1,500-2,000 cr AT1 sale; Axis Bank, too, mulls fundraise
Soaring inflation and the steep interest-rate hikes deployed by policy makers in response have brought to an end a four-decade bull market in bonds