Implementation of 100-year valuation norm pushed to April 2023
A bank placed a wrong price quote, which led to a negative yield as the paper was nearing maturity
The panel said it is "concerned" that meeting divestment target is pivotal to the Budget
The government has decided to cancel its Rs 20,000 crore borrowing scheduled for March 26 on review of position of cash balance, the Reserve Bank of India said on Monday.
The finance ministry has asked markets regulator Sebi to take necessary measures to address issues that led to the outage at National Stock Exchange recently
Union Finance Ministry on Saturday informed that twenty states have completed the 'Ease of Doing Business' reforms stipulated by the Department of Expenditure
The move comes at a time when the central bank is working on digital currency
Finance panel had indicated that total debt could touch 90% of GD
Widens ambit to also look at the recent technical glitch that halted NSE trading for hours
Sebi's new rules around mutual fund (MF) investments in these bonds have kicked up a storm
A sudden change in the metrics will be disruptive
There is no proposal of faceless scrutiny assessment of GST returns as the Goods and Services Tax rule already provide for electronic filing and assessment, Thakur said
Sebi is considering the alternatives with credit-rating agencies, fund houses, and ministry officials
Starting from October 23, 2020, the borrowings were completed in 20 weekly instalments
Sitharaman on Monday said efficient management and use of the latest technology by the private sector will help unlock the real value of CPSEs undergoing strategic sale
Ministry put out a new rule through a gazette notification
Revised norms to treat all perpetual bonds as 100-year tenor to be withdrawn
Besides redemption pressure in debt market, it will make fund raising difficult for PSBs
Indian Overseas Bank, Central Bank of India and UCO Bank are currently under this framework that puts several restrictions on them, including on lending, management compensation and directors' fees
Ministry has asked Sebi to withdraw its directive to mutual fund houses to treat AT-1 bonds as having maturity of 100 years as it could disrupt the market and impact capital raising by banks