In a Q&A, she says the interest differential with US does not matter so much because India has caps on interest sensitive inflows. Overseas investment is a very low share of the country's debt market
Indian companies and banks have raised around Rs 35,000 crore ($4.39 billion) from Sep. 1 to Sep. 7, slightly short of the Rs 45,000 crore raised in August
The bonds will have a call option from the fifth year onwards and are rated AA+ by CRISIL, CARE and India Ratings, sources said
Goldman Sachs is recommending a spread trade in Indian debt markets that will help investors cash in on bullishness in the bond market
Over the past few years, the return from the stock market has been far higher amid abundant liquidity that poured in from foreign and domestic investors
Through this collaboration, the brands will provide MSMEs with financing of more than Rs 2,000 cr by March 2023
Case related to a company that challenged insolvency proceeding against it for delaying payments to borrower
According to CARE Ratings, upgrades in rated debt can be attributed to higher demand with the economy opening up after lockdowns, releasing pent-up demand, and lower cost of capital
But these funds can underperform if the fund manager's calls go wrong
Rising interest rates, too, do not augur well for corporate India as they will make raising money via debt expensive
Global investment-grade debt has returned almost 1% in May, the first monthly gain since July, while US Treasuries are heading for their best month since November
Performing Credits are the structural opportunity, which are undiscovered and yield a high risk-adjusted return amid rising interest rates
Despite the multiple COVID waves, the earnings for FY22 have not seen any significant downgrades and are on-course to deliver about 25 per cent growth
Debt maturities to stay elevated in Fy23; Fy24
CredAvenue raised $90 mn in its Series A fundraise last year at a valuation of $410 million
Goswami says case for normalisation of monetary conditions is starting to pick up pace, and next step will be to narrow the policy rate corridor closer to pre-pandemic level
A senior policymaker on Wednesday said India needs strong support from debt capital like bank loans for long-term economic growth.
The benchmark 10-year yield will climb to 6.40% by December, while the five-year yield will increase to 5.90%
Rising inflation is constraining the central bank from easing further even as the economy remains vulnerable following a deadly wave of coronavirus infections.
Keep bulk of your portfolio in low-risk funds; chase returns in residual portion if you have the capacity