Rupee dwindles 4 paise, reaches 83.17 against US dollar in early trade The rupee depreciated 4 paise to 83.17 against the US dollar in early trade on Wednesday amid selling of equities by foreign investors and an upward movement in crude oil prices. Subdued sentiment in the domestic equity markets also weighed on the Indian currency, forex traders said. At ...

State Bank of India raises $600 million through dollar bonds S&P Global Ratings had assigned a BBB long-term issue rating to benchmark-sized notes that the London branch of SBI issued

SMFG India Credit raises Rs 600 crore via maiden rupee debt issuance Japan’s Sumitomo Mitsui Banking Corporation has raised Rs 600 crore through its maiden rupee-denominated perpetual debt issuance and the money will be infused into the group entity SMFG India Credit Co. The amount mopped up through the external commercial borrowing route would help to bolster the tier-I capital ...

Cen banks to intervene more in bond mkt; regulation needs review: ICMA The report is based on the biggest government bond markets in Europe

SBI raising $300 mn via medium term bonds, assigned BBB- ratings by S&P Issue likely to be concluded on Thursday and has a green shoe option to raise more money

Public issues of corporate bond zoom to four-year high, shows data As of November, Power Finance Corporation raised the highest amount — Rs 2,824 crore

Budget 2024 could unify equity, debt long term capital gain tax, holding period [ad_1] It is less than one month to go for the government to present the interim budget 2024 before the Lok Sabha elections later this year. Over the last few years, capital gains taxation is one aspect of individual taxation which needed some reform. While some changes ...

Fino Payments Bank applies for SFB license after board's agreement According to the guidelines, payments banks were allowed to apply for a conversion into SFB post five years of operations along with meeting other guidelines mandated by the RBI

Indian bonds may be included in Bloomberg EM index from September The proposal comes just a few months after JPMorgan said it would include India in its widely tracked emerging market debt index from June

IRDAI eases norms for insurer investment in infrastructure debt funds New regulation by IRDAI allows greater flexibility for insurers in IDF-NBFC investments