RBI has reviewed the directions on commercial papers (CPs) and non-convertible debentures (NCDs) for initial maturity up to one year. A master direction has been issued accordingly. It will come into effect on April 1, 2024.
1 min read4 Jan 2024Highest gains in first quarter of any fiscal year; insurer sells shares in at least 87 leading Indian companies
3 min read28 Jul 2023PFC plans to utilize at least 75% of the net proceeds for onward lending, financing,refinancing existing debt, and debt servicing, while up to 25% will be allocated for general corporate purposes
1 min read12 Jul 2023Kotak Strategic Situations India Fund II and Kotak Private Credit Fund invested ₹582 crore and ₹150 crore, respectively in RattanIndia Power
1 min read23 Jun 2023HDFC Ltd Bonds: According to HDFC in a regulatory filing, the issue's objective is to increase the Corporation's long-term resources.
1 min read15 May 2023About 49 people, several of them retirees who have transacted with Muthoot for a decade, have come forward so far, some of them approaching local police
3 min read11 May 2023TPDDL will also receive a $2 million grant from ADB to partially finance the purchase and integration of a pilot Battery Energy Storage System (BESS).
1 min read10 Apr 2023The company's board is meeting on December 17 to consider and approve the NCDs, according to a regulatory filing
1 min read13 Dec 2021The coupon on the bonds is 5.55 per cent per annumThe bonds have been allotted on June 14, 2021 and will mature on June 14, 2024
1 min read14 Jun 2021The debenture committee of the board of directors has approved the issuance of 26,000 listed, rated, secured, redeemable, transferable, rupee denominated NCDs of face value of ₹10 lakh per debenture, the company said in a statement
1 min read12 Jan 2021The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared