BUSINESS
MC Explains | Draft guidelines on minimum capital requirements for market risk
The guidelines will come into effect on April 1, 2024.
BUSINESS
Lower-rated firms see borrowing costs jump 300 bps as RBI rate hikes pinch
Returns on corporate bonds are expected to stay elevated due to strong credit demand, falling liquidity, and rate hikes by the central bank.
BUSINESS
States’ borrowing costs may rise further in coming auctions, say experts
In the last four weeks, the weighted average yield on the 10-year state development loans has risen by 5-7 basis points.
BUSINESS
MC Explains | What are online payment aggregators and other questions answered
The RBI has granted in-principle authorisation to 32 entities to operate as online payment aggregators
BUSINESS
HDFC plans to raise Rs 25,000 crore through bonds
The base issue is for Rs 5,000 crore, with a green-shoe option for Rs 20,000 crore
BUSINESS
Bond yield eases marginally after hitting over 2-week high
The 10-year benchmark bond yield touched 7.4060 percent in the morning trade and then eased to 7.3778 percent.
BUSINESS
Exclusive | Government not to sell ITC stake, says DIPAM secretary Pandey
The government holds a 7.86 percent stake in ITC via the Specified Undertaking of the Unit Trust of India
BUSINESS
SC may uphold Bombay HC order quashing the write-off of YES Bank AT1 bonds, say experts
YES Bank has reportedly challenged the Bombay HC order on the write-off of AT1 bonds, which brought relief to investors.
BUSINESS
MC Explains: What are municipal bonds? All you need to know
Municipal bonds are similar to corporate bonds, but they are issued by civic authorities to finance urban infrastructure projects.
BUSINESS
RBI move to regulate loan penal charges to bring transparency, level playing field, say experts
On February 8, RBI said it will issue draft rules on levying penal charges on loans.
BUSINESS
MC Explains | What is borrowing and lending in G-Secs?
The RBI’s proposed move will benefit entities such as insurance companies and pension funds, which are not allowed to engage in such activities currently.
BUSINESS
Bond yields close higher as RBI refrains from signalling end of rate-hike cycle
The bond yields have moved in a narrow range throughout the day between 7.29 percent and 7.35 percent on the benchmark bond.
BUSINESS
MC Explains: What is QR Code based coin vending machine? All you need to know
RBI is preparing QR Code based Coin Vending Machine - Pilot project announced in the February 8 monetary policy
BUSINESS
RBI Policy | Coin vending machine to improve distribution of coins into the system: RBI Deputy Governor Rabi Sankar
The pilot project is planned to be initially rolled out at 19 locations in 12 cities across the country.
BUSINESS
RBI proposes borrowing, lending of government securities
The RBI Governor announced the restoration of government securities market timing to pre pandemic. G-Sec market will now be operational between 9am and 5pm
BUSINESS
Adani group unlikely to face any bond repayment problems, say experts
The group has total redemptions due to the tune of Rs 90,000 crore in the next few years, which includes overseas bonds and commercial papers.
BUSINESS
Indore Municipal Corp to raise up to Rs 244 crore via public issue of green bonds; to open on February 10
According to the corporation, the green bonds will be offering 8.25 percent payable half yearly and effective yield of 8.42 percent.
BUSINESS
Budget 2023: Government bond yield set to trend towards 7%, say experts
Easing of inflation and lower-than-expected government borrowings in the next financial year could take the benchmark bond yield to 7.10-7.20 percent, experts said.
BUSINESS
Budget 2023: TDS on listed bonds may hit investor returns; here’s what experts say
The government has removed clause (ix) under section 193 of the Income Tax Act which deals with exemption from TDS. A 10 per cent tax may be applicable on all listed and unlisted bonds.
BUSINESS
Budget 2023: Green bonds unlikely to be issued in first half of FY24
The Union Budget did not specify whether the Centre would issue sovereign green bonds in 2023-24
BUDGET
Budget 2023 I Income-tax rule change may dampen investor interest in market-linked bonds: Dealers
FM Nirmala Sitharaman announced a crucial change in the Income Tax Act that takes away the tax arbitrage of such bonds.
BUSINESS
Budget 2023: MSMEs get Rs 9,000 cr corpus for revamped credit guarantee scheme
It will be effective from April 1, 2023.
BUSINESS
Union Budget 2023: Government bond yield eases post expected market borrowing figures
Union Budget 2023: At 11:36 AM, the yield on the 10-year benchmark 7.26 percent 2032 bond was trading at 7.3831 percent compared to the last close of 7.3438.
BUSINESS
Exclusive: Expect special incentives for low-income housing from Budget 2023, says Shriram Housing MD & CEO Ravi Subramanian
The rural low-income housing segment with ticket sizes of Rs 8-15 lakh and borrower income of under Rs 3 lakh annually is the segment where the need for adequate housing is acute, said Subramanian.
