Spreads on five- and 10-yr rupee corporate bonds diverging
The trade repository will be run by the Clearing Corporation of India Ltd
Debt schemes take significant exposure in not-so-highly rated companies and had lost their appeal after April 2019
In the first part of the series, we are looking at the core investment-linked sectors.
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
The KV Kamath committee to finalise financial parameters for restructuring of companies hit by the pandemic had identified 26 sectors.
India's central-bank move to pump more cash in the credit market has improved the health of shadow lenders, helping to assuage concerns about their revival prospects
Say stimulus measures will spur economic activity, especially in construction and infra sector
Banks, financial and non-banking financial institutions have been asked to take "necessary actions" to credit into the accounts of eligible borrowers by November 5, RBI has told the Supreme Court.
The Union Cabinet is expected to take up soon a proposal for setting up Credit Guarantee Enhancement Corporation to widen sources of capital for infrastructure financing, sources said.
Concerted efforts are required from the central bank and the government
Over the past few weeks, Covid-19 hit, stimulus buoyed markets world over have risen close to a 'bull phase', typically defined as a rise of 20 per cent or more from the recent lows
The loan will be offered at an interest rate of 7.25% with a tenure of 12 months.
Market participants say full recovery from credit risks can take more time
While there are tentative signs of recovery in certain areas of the shadow bank sector, a funding squeeze has kept borrowing costs high
He also said that the State Bank of India (SBI) is underutilising its loan sanction limits as there is not enough credit demand from the industry
Evidence of heightened risk aversion suggests a supply-shock has choked credit offtake
The cash squeeze in the nation's shadow banking industry, which lends to everyone from street vendors to property tycoons, shows few signs of abating
Sluggish economic growth, slowing earnings are major concerns
For small and marginal farmers, institutional credit at reasonable costs can act as a catalyst and convert them into vibrant commercial farmers, Jain added