-
-
As per RBI data, companies raised as much as $1.32 billion by way of external commercial borrowings from the automatic route
-
“We are thrilled to announce that we have successfully placed first-ever AT1 Masala Bond issued by any bank. The issue was privately placed," HDFC Bank MD and CEO Sashidhar Jagdishan said.
-
The private sector lender will use the proceeds from the issue for banking activities.
-
Masala bonds are issued outside India but denominated in Indian rupees, rather than the local currency.
-
In June 2020, India Inc's borrowing from foreign markets fell by over 81 percent to $1.01 billion, while in April 2020, it plunged by 68 percent to $996.04 million.
-
Offshore transfer of Masala Bonds from one non-resident to another non-resident is also exempt from capital gains tax in India
-
Bond issue by Indian Renewable Energy Development Agency (IREDA) is the first debt security to be listed on the NSE IFSC and will offer high cost efficiency as well as enable issuers to access international investors.
-
"The Bond Issue Committee of the Board of Directors of Indiabulls Housing Finance on February 27, 2018, has approved issue of Rs 315,00,00,000 Social Affordable Housing Masala Bonds," it said in a regulatory filing.
-
Last week, RBI also removed masala bonds or the rupee-denominated bonds from the corporate debt limit to allow increase in investments by FPIs.
-
Customers would be happy to know that banks are sprucing up their festive offers to give discounts on loans and waive off charges to avail loans in the Diwali season.
-
Masala bonds or rupee-denominated bonds issued overseas would now be part of only external commercial borrowings and not be part of the overall limit of corporate bonds to allow about Rs 44,000 crore more funds under corporate debt.
-
Gadkari's three-day UK visit from tomorrow will kick off with a market opening ceremony at London Stock Exchange (LSE), where he will address investors on the opportunities to participate in India's growth story.
-
The rupee denominated bonds or masala bonds accounted for 39 per cent of the total ECBs of USD 7.39 billion reported by Reserve Bank during the fourth quarter of fiscal 2016-17.
-
The bilateral meeting, which took place yesterday, focused on the steps required in expanding the bank's operations in India, including project pipeline.
-
New Development Bank (NDB) proposes to raise USD 300 to 500 million through 'Masala Bonds' and increase its exposure to infrastructure projects in India to around USD 600-700 million during the year, said its president K V Kamath.
-
The Rs 3,000-crore issue of unsecured rupee-denominated bonds bears a fixed semi-annual coupon of 7.35 percent per annum.
-
Yesterday, HDFC Ltd and IREDA successfully raised Rs 1,498 crore and Rs 200 crore respectively by issuing bonds on private placement basis, which has helped achieve the Rs 2 lakh crore milestone.
-
Reserve Bank today permitted multilateral financial institutions to invest in rupee denominated bonds popularly known as 'masala bonds' issued by Indian entities.
-
Masala bonds have offered much needed relief to India Inc. seeing foreign debt for their businesses. Being rupee-denominated, masala bonds offer India Inc. the unique advantage of not being subject to foreign exchange fluctuation risk.
-
Besides, an additional USD 299.64 million was raised by three companies through newly allowed rupee denominated bonds (RDB) floated overseas -- popularly known as masala bonds.
-
Markets regulator Sebi today
issued a new framework for functioning of stock exchanges and
clearing corporations that are setting up their operations in
international financial services centres (IFSCs).
-
India's 10-year government benchmark has fallen to 6.19 percent, below the central bank's repo rate of 6.25 percent, on expectations of a 25 bps-50 bps rate cut at the December 6-7 monetary policy committee meeting. The two have converged only three times in the last decade, according to banking analysts.
-
IL&FS and EDC continue to be engaged on opportunities which will enhance the Indo-Canadian partnership in various areas of infrastructure development.
-
"The corporation has completed the fourth issue of rupee denominated-bonds to overseas investors of issue size Rs 500 crore," HDFC said in a regulatory filing to stock exchanges.
