Bonds

State-owned PGCIL to seek shareholders' approval to raise up to Rs 6,000 crore via bonds in 2023-24

On 6 July, the PGCIL board had approved the proposal to raise Rs 6,000 crore in 2023-24, for financing of capital expenditure requirement, providing inter-corporate loans to wholly-owned subsidiaries and other purposes

HDFC Bank looking to raise up to Rs 50,000 crore via bonds over 12 months

Earlier this week, HDFC Bank agreed to take over its parent and the country's largest mortgage lender HDFC Ltd, as part of its strategy to fuel growth, especially in the affordable housing segment.

China’s third-quarter growth slows to 4.9%, power shortage, slowdown in property sector add to woe

Louis Kuijs of Oxford Economics said in a report that “ugly growth numbers” in coming months are likely to prompt Beijing to ease lending controls

China property sector distress deepens as second company runs into financial troubles

Fantasia Holdings missed the deadline to repay a $205.7 million loan

SEBI fines Yes Bank Rs 25 crore in AT-1 bonds case; company ordered to pay within 45 days

Yes Bank Ltd and certain officials devised the "devious scheme to dump the AT-1 (Additional Tier-1) bonds on their hapless customers", the market regulator noted

Adani Green Energy posts Rs 55 cr net profit in March quarter; revenue from power generation up by 8% at Rs 2,065 cr

On a full-year basis, Adani reported narrowing of consolidated net loss at Rs 67.96 crore in 2019-20. In the 2018-19 fiscal, its net loss was Rs 475.05 crore.

Indians switch to bank deposits as concerns grow over debt funds; Templeton's announcement sees heavy inflows into bank schemes

As spooked investors called for a government intervention and debt mutual funds saw record withdrawals, traditional bank deposits have gained.

Ind-Ra revises IndusInd Bank's outlook to negative, affirms AA-plus; valuation challenges may hinder capital raising power

IndusInd Bank's top 20 depositor concentration though declined remains elevated (FY19: 24.31%) and is higher than most peer banks'.

Global economy continues to slide as coronavirus outbreak worsens; uncertainty to remain for several months: Moody's

A sharp contraction of the global economy, at least in the second quarter, appears imminent, it said in its latest special series 'Credit Risks in Turbulent Times.'

PFC, REC merger hits roadblock as amalgamation to violate RBI norms on debt exposure of state-owned shadow banking firm

In March 2019, PFC had completed acquisition of a majority stake in REC by transferring Rs 14,500 crore to the government with hope of merger of the two firms in 2019-20.