Anjali Kumari
Anjali Kumari
In the Union Budget for the previous financial year 2023-24, it was announced that a 10 per cent TDS on interest payments would be applied to listed bonds (debentures) starting April 1, 2023
Rao said that such events can destroy assets funded by institutional finance, thereby harming the financial health of these institutions
Rupee declines to new low over fall in domestic equities
Hardships caused to poor and low-income consumers can be handled through DBT, it says
'Inadequate management' of such relationships can expose regulated entities to reputational damage, says M Rajeshwar Rao
Market participants said that the Indian currency did not depreciate further as the Reserve Bank of India intervened in the foreign exchange market by selling dollars
The bank's total revenue rose by 19 per cent Y-o-Y to Rs. 2,505 crore
Equity, investment funds share in total financial wealth up by over 50% between 2011-12 and 2022-23
Guv says RBI's target is inflation, not a neutral rate of interest
It says their investments surpass net inflows into JP Morgan index-eligible bonds
Market participants said that the Reserve Bank of India intervened in the foreign exchange market via dollar sales, which prevented the rupee from further depreciation
Reduced hedging cost, appetite for high-yield bonds help big-dollar borrowing
Market participants said that the inflows are expected to continue and might touch Rs 2.5 trillion in the next 5 to 6 months
Canara Bank raises Rs 10,000 crore at 7.4% through 10-yr bonds
Evidence of households switching to physical assets; FY26 average inflation seen at 4.1%
Economists said that reserves rose due to a combination of revaluation and inflows. Forex reserves fell by $1.71 billion to $652 billion during the week ended June 28
RBI guv says expected credit loss norms in final state of examination, should be out in current financial year
HDFC's large fund raise stimulated the bond market, creating a momentum that continued into the subsequent months
The company plans to allocate at least 75% of funds raised to the repayment or prepayment of existing borrowings
He further said that uncertainty will continue to define the monetary policy landscape for the foreseeable future