In the last financial year, FPIs executed just 4.5 per cent of their total trades in corporate bonds via the RFQ platform, representing a mere 0.78 per cent of the total trades in the segment on the platform. Starting from October, all foreign portfolio investors (FPIs) will be required to conduct at least 10… Continue reading FPIs mandated to route 10% market trade in corporate bonds through RFQ
Tag: corporate
We bet on private capex to grow corporate credit, says SBI chairman
By Ira Dugal and Siddhi Nayak MUMBAI (Reuters) – State Bank of India (SBI) expects to give out 3.5 trillion rupees ($42.30 billion) in corporate loans over the rest of this financial year as private companies step up investments in key sectors, the chairman of the country’s largest lender said. The Indian… Continue reading We bet on private capex to grow corporate credit, says SBI chairman
Corporate Affairs ministry examines Sebi’s allegations against Zee Ent
Zee is not aware of any MCA probe and has not received a notice from the ministry, a source aware of the matter told Reuters | (Bloomberg) India’s Ministry of Corporate Affairs (MCA) is examining irregularities in Zee Entertainment Enterprises as alleged by the market regulator, ET Now reported on Friday. The MCA… Continue reading Corporate Affairs ministry examines Sebi’s allegations against Zee Ent
Wells Fargo to tap corporate bond market despite US credit downgrade
By Allison Nicole Smith A handful of borrowers, including Wells Fargo & Co., are looking to raise fresh debt in the US investment-grade bond market, signaling that issuers are undaunted after Fitch Ratings stripped the nation of its top-tier rating on Tuesday. The operating arm of the bank — Wells… Continue reading Wells Fargo to tap corporate bond market despite US credit downgrade
62% corporate employees get salary hikes, small cities do better: Study
As many as 62 per cent corporate employees of various years of experience and across industries received salary hikes this year, said a report on Tuesday, marking a hopeful note despite an uncertain job market. As many as 13 per cent professionals in non-metro cities received hikes exceeding 20 per cent, said the… Continue reading 62% corporate employees get salary hikes, small cities do better: Study