Here's a selection of Business Standard opinion pieces for the day
Vedanta Ltd's promoters cannot sell or create any security on shares they hold in the group as part of the terms attached to the recent $1.4 billion fund raising
From RBI likely to red-flag Punjab and Sind Bank's Rs 5,500-crore zero-coupon bonds to PE/VC investments into India from China, Hong Kong falling 72% in CY20, here are top headlines this morning
Bank could be asked to hold it at discounted value in HTM
The notes will be partly secured by shares in Mumbai-listed unit Vedanta Ltd
Under this mechanism, the government issues recapitalisation bonds to a public sector bank which needs capital. The said bank subscribe to the paper against which the government receives the money
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