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    1. Business News
    2. Authors
    3. bhavik nair

    Bhavik Nair

    IRFC seeks bids for arrangers to rupee-denominated bonds

    Indian Railway Finance Corporation (IRFC) — the finance arm of Indian Railways — has sought bids from bond…

    By Bhavik Nair
    May 19, 2015 00:07 IST
    We’ll continue our shift towards unsecured lending: Jairam Sridharan

    Axis Bank is looking to increase its unsecured businesses on the retail side even as it’s busy ramping up the…

    By Bhavik Nair
    May 15, 2015 00:17 IST
    Axis Bank goes personal with loan app

    Axis Bank has launched an instant personal loan service called “24X 7 Instant Personal Loan” — available through its mobile…

    By Bhavik Nair
    May 13, 2015 00:14 IST
    Yields on short-term bonds up 50 bps in FY16

    Yields on short-tenure bonds have risen by close to 50 bps since the start of the fiscal if the difference…

    By Bhavik Nair
    May 9, 2015 00:17 IST
    SAIL puts off bond issue as investors seek higher yields

    Steel Authority of India (SAIL) on Thursday postponed its bond issuance after investors sought yields higher…

    By Bhavik Nair
    May 8, 2015 00:22 IST
    Base rate cut due to benign liquidity, NPAs to remain stable: Vijayalakshmi Iyer

    Bank of India recently cut its base rate by 25 basis points following a drop in the cost of funds…

    By Bhavik Nair
    May 6, 2015 00:08 IST
    Firms, banks raise over $5 bn in 2015 via foreign bonds

    On Wednesday, Bharat Petroleum Corporation (BPCL) had raised $500 million through 10-year bond issue while on Tuesday, Bank of India…

    By Bhavik Nair
    Updated: May 1, 2015 05:30 IST
    Firms may raise record $20 bn via offshore bonds in ’15: Vijayan Subramani

    Indian companies had raised a record $18.6 billion in 2014 through offshore bonds…

    By Bhavik Nair
    April 22, 2015 00:13 IST
    Indian firms line up Singapore dollar bond issues

    The SGD market does not have the kind of depth that the dollar market has. This, coupled with the swapping…

    By Bhavik Nair
    April 21, 2015 00:16 IST
    Digitisation the central theme: Romesh Sobti

    We go by sensing customer requirement and, later, engaging with them… We feel a satisfied customer will always be a…

    By Bhavik Nair
    April 21, 2015 00:15 IST
    Short-term financing needs of NBFCs push CP rates up by at least 10 bps since early April

    Market experts say yields have risen due to the requirement of short-term funds by NBFCs and brokerages, which are issuing…

    By Bhavik Nair
    April 18, 2015 00:13 IST
    Keen on raising funds overseas via R-denominated bonds: Rajiv Datt

    Whenever we have borrowed in other currencies, we had to swap it with dollar as the greenback market is a…

    By Bhavik Nair
    April 14, 2015 00:43 IST
    REC raises Rs 2,396 crore through 10-year bonds; SAIL gets bids at 7.95%

    State-owned Rural Electrification Corporation (REC) has raised R2,396 crore through long-term bonds, according to bond arrangers.

    By Bhavik Nair
    Updated: April 10, 2015 05:15 IST
    IRFC raises Rs 1,200 crore through short-term bonds

    Indian Railways Finance Corporation (IRFC) — the financing arm of Indian Railways — raised R1,200 crore through issue of short…

    By Bhavik Nair
    Updated: April 9, 2015 05:45 IST
    rupee
    Deposit growth at 51-year low

    The growth of deposits with banks hit a 51-year low of 11.42% last year, according to data from the Reserve…

    By Bhavik Nair
    April 7, 2015 01:38 IST
    Public issue of NCDs falls 78% on lack of tax-free bonds in FY15

    The public issue of non-convertible debentures (NCDs) fell more than 78% in FY15 compared with FY14, according to Sebi data…

    By Bhavik Nair
    Updated: March 19, 2015 06:00 IST
    Slew of bond issues likely to see 6 PSUs raise Rs 7,000 cr

    Six public sector units (PSUs) may hit the bond markets, starting next week, to raise about Rs 7,000 crore…

    By Bhavik Nair
    March 14, 2015 00:17 IST
    REC raises R700 crore through bonds; four more PSUs may follow

    PFC, IRFC, NPCIL and SBBJ are expected to hit the bond markets before the end of this fiscal year, according…

    By Bhavik Nair
    March 6, 2015 00:36 IST
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    Air India to resume non-stop flights to China on Delhi-Shanghai route from February 2026

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