SBI had recently raised Rs 3,813.60 crore via perpetual bonds at a coupon of 8.50%, according to an exchange filing.
Back home, contracting spreads and easier ECB rules are prompting Indian borrowers to tap the overseas markets.
The rupee on Wednesday weakened to 72.09 against the dollar, even as the dollex strengthened and long rupee-dollar positions were…
Dealers indicated Friday’s news added to the negative sentiment in the bond market that is already reeling under fiscal deficit…
Pune-based ElasticRun enables small store owners to leverage quiet times of the day to gain increased revenue by handling local…
According to latest data available on the department for promotion of industry and internal trade (DPPIB) website, total FDI flows…
Deutsche Bank has been implementing a transformation strategy across its global operations that includes exiting some of its non-core activities.
Ratings agency Crisil has reaffirmed the long-term bank facilities and debt instruments of Indiabulls Housing Finance at “CRISIL AA+”, while…
According to the latest Bloomberg data, FPI investments in Indian corporate bonds stood at Rs 2.014 lakh crore, with foreign…
![The bonds proposed to be issued have been assigned a rating of “[ICRA] AAA(CE) (Stable)” by the ratings agency ICRA.](https://images.financialexpressdigital.com/2019/10/1-296.jpg?w=310&h=174&crop=1)
The 10-year paper will open for bids on Thursday; proceeds will be used by AIAHL to refinance loans availed by…
Experts believe that for any further rate cuts, the central bank will have to revise the growth projection further downwards,…
Likely fiscal deficit slippage due to govt’s stimulus package haunting market
In general, the fiscal deficit this year is going to be a big challenge because of lower tax flows —…
JSW Steel’s bond issue comes after firms like Azure Power Solar Energy, Power Finance Corporation and ReNew Power had tapped…
Finance minister Nirmala Sitharaman had stated that the government would decide on additional market borrowings for the second half of…
As Vijay Sharma, senior executive vice-president at PNB Gilts, pointed out, the bond market was lulled into believing that whatever…
The firm was looking to raise close to $350 million through the issue. Earlier during the day, the initial price…
Azure Power Solar Energy will hold roadshows from Tuesday for its proposed dollar bonds issuance through which the firm hopes…
