Govt seeks nod for Rs 800 bn PSB recap through bonds

Govt seeks nod for Rs 800 bn PSB recap through bonds Expects to issue these before end of fiscal year The Finance Ministry sought Parliament´s approval to spend Rs 800 billion extra this fiscal year to recapitalise state owned through bonds. Thursday´s move kick starts the Rs 1.35 trillion bank recapitalisation bond programme announced by […]

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NSE revises penalty structure for unauthorised trade

NSE revises penalty structure for unauthorised trade The National Stock Exchange (NSE) has decided to impose a penalty of Rs10,000 for every unauthorised trade by a trading member as identified by investor grievance redressal panel, from January1, next year.The amended indicative penalty structure for unauthorised trading also includes debarment of the panel in the immediately […]

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Better rated firms moving to bond mkt, says RBI report

Better rated firms moving to bond mkt, says RBI report Better rated companies are moving to the bond market, even as bank loans continue to remain an efficient financing tool for lower rated firms, the Reserve Bank of India’s financial stability report said. Better rated companies can easily tap the bond market, and their borrowing […]

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