Seven-Year ‘AAA’ Rated Bonds to Support Sustainable Infrastructure Financing State-owned lender Bank of Baroda is set to raise up to ₹10,000 crore through the issuance of green infrastructure bonds on March 4, marking a significant push towards sustainable financing.According to market sources, the base issue size has been fixed at ₹5,000 crore, with a green…
In the first half of FY26, Indian companies raised $18.49 billion in ECBs, lower than $25.42 billion in the same period in FY26, according to RBI data. Some of the bigger borrowings were from Tata Capital ($400 million in January), Mumbai International Airport Ltd ($800 million in June), and Sammaan Capital ($300 million in August)…
The Ministry of Statistics and Programme Implementation (MoSPI) does not expect a significant change in India’s GDP growth estimates after the release of the revised national accounts series in February next year, MoSPI Secretary Saurabh Garg said on Tuesday. “Too early to say on its impact on GDP numbers. In general, we don’t expect much…
Benchmark indices experienced an upward trend for the fourth consecutive session on Thursday, supported by alleviating global concerns and a resurgence of foreign investments. The S&P BSE Sensex increased by 303.03 points, concluding at 84,058.90, whereas the NSE Nifty50 advanced by 88.80 points, closing at 25,637.80. Additionally, all broader market indices also ended in positive…
The Life Insurance Corporation of India (LIC) announced on Thursday that it received a demand notice amounting to Rs 479.88 crore for short payment of Goods and Services Tax (GST) for the financial year 2020-21. The communication, which includes interest and penalty, was issued by the Deputy Commissioner of State Tax, Mumbai, on February 27,…
The Enforcement Directorate (ED) conducted searches at seven places in Mumbai and Ahmedabad in a financial fraud case. The search operation began on Friday in a financial fraud case of Rs 196 crore. Suspicious financial transactions of more than Rs 100 crore were reported in Nashik Commercial Cooperative Bank. A complaint was filed at Malegaon…
Bitcoin has successfully crossed the $100,000 level. The crypto currency has crossed this milestone very quickly. According to a news agency, Bitcoin crossed the $100,000 level for the first time on Thursday. The price of this digital currency has reached a record high. A large part of the experts are predicting that the bull run…
Currently, a large part of the investors are investing their savings in mutual funds. Also getting good returns. Multiple mutual funds have become the best medium of investment. There are many investors who invested 10 thousand rupees per month for 15 years and got more than 1 crore return. There are also examples of returns…
The big news at the beginning of the week On Monday, the price of 10 grams of gold decreased a lot. The price of gold has reached a point in the past few months where everyone is looking for a little price drop. The price of gold sometimes increases and sometimes decreases. Currently, the way…
The Reserve Bank of India (RBI) has updated its “Guidance Note” on operational risk management for the financial sector, and extended it to non-banking financial companies (NBFCs), including housing finance companies. Only commercial banks were included in the 2005 ‘Guidance Note on Operational Risk Management’. RBI said all regulated entities (REs) in India should implement…
