Aavas Financiers Ltd on Friday said its board of directors has approved raising Rs 100 crore by issuing bonds
Indian policy makers have put a priority on deepening the nation's corporate bond market given the high level of bad loans at local banks
Stocks have already attracted the biggest yearly inflows since 2012, adding to the woes for the Reserve Bank of India that has been buying up the deluge of dollars to curb the rupee's gains
Dedicated vaccine bonds have been deployed before, but the immediate Covid-19 funding needs should lead to large amounts of new issuance in 2021
Manappuram Finance on Tuesday said it has raised Rs 400 crore by issuing bonds on private placement basis
While financing costs have remained subdued this year, the risk is that the growing supply of Indian bonds begins to outstrip local demand
Bonds have been the most profitable asset class in emerging markets over the past decade, beating stocks in volatility-adjusted returns almost every year except 2017
The bonds will be in the nature of secured, rated, listed, redeemable, principal protected market linked debentures (PP-MLD)
The allotment will be on first come first serve basis
Uttar Pradesh Chief Minister Yogi Adityanath rang the bell at the Bombay Stock Exchange in Mumbai at the listing of bonds of Lucknow Municipal Corporation
Terms and conditions of Indian Basel III compliant AT1 and tier-II securities specify that such securities will be written down before authorities can step in to support a bank
The move is part of steps to absorb non-performing assets before LVB's amalgamation with DBS Bank
This comes after the company failed to delist its India unit
Japanese real estate firm Hulic Co. recently joined a handful of borrowers worldwide in selling so-called sustainability-linked bonds, but the market's reception has been underwhelming
The passing of the US election and progress on Covid-19 vaccines reawakening investors' appetite for risk
"The successful launch of the bonds at the BSE is a great instrument of paradigm change in urban governance," UP additional chief secretary, information and MSME, Navneet Sehgal said
Kathleen O'Donnell says the Australian Office of Financial Management and Treasury are deceiving investors by not disclosing climate change alongside other financial risks in its exchange-traded debt
The British carmaker is raising a total of about 1.3 billion pounds ($1.7 billion) through bond and stock offerings, most of which will be used to refinance existing debt
Lowest cut-off yield offered for Karnataka's 9-year bond at 6.4746%, highest for Jammu & Kashmir's 10-year SDL at 6.6813%
The borrowing would be carried out in one or more tranches, the company said in a regulatory filing on Thursday