Masala Bonds
Recent Highlights
All Stories for Masala Bonds
NSE, London Stock Exchange Group ink deal for dual listing of masala, foreign currency bonds
•NSE and LSEG agreed to explore launch of ELITE -- LSEG's business support and capital raising initiative for small and medium enterprises -- in India in 2019
RBI eases norms for overseas fund raising in line with government's measures to prop up rupee
•The Reserve Bank on Wednesday eased norms for companies in the manufacturing sector to raise overseas funds and allowed Indian banks to market Masala Bonds in line with the government's measures to prop up the rupee.
Sensex drops 505 points, rupee still below 72-mark: Why Arun Jaitley’s Friday pills did not work to cure currency's fever
Dinesh Unnikrishnan123 •Markets are not too impressed with the Arun Jaitley's five points rupee saving package for a reason writes @dinesh_unni
Govt confident of meeting fiscal target of 3.3% of GDP this fiscal, says Finance Minister Arun Jaitley
•Jaitley said the fiscal year that ends in March 2019, will be completed without any spending cuts, adding that inflation remained broadly under control.
Govt moves to arrest rupee depreciation may not drive fund inflows, negative from long-term perspective, says report
•The government measures will have a sentimental impact on the market and the rupee trajectory "might not see a full reversal of the appreciation move of the last couple of days", it said.
Government announces 5 measures to save Rupee: The mess is uglier than it appears; cosmetic measures won't do the trick
Madan •the important thing would be to see how the rupee behaves on Monday morning as these announcements are presently a set of guidelines provided by the government.
Govt announces 5 steps to curb rupee depreciation, widening current account deficit; PM Narendra Modi reviews economy
•The government on Friday announced an array of steps, including removal of withholding tax on Masala bonds, relaxation for FPIs, and curbs on non-essential imports, to contain the widening CAD and check the rupee fall.
S&P Global assigns 'BBB-' rating to NTPC's masala bonds
•The rating on NTPC will move in tandem with the sovereign credit rating on India
Banks can raise funds overseas via masala bonds: RBI
•The Reserve Bank today allowed banks to raise funds by floating rupee-denominated bonds in overseas market as part of an additional avenue to raise long-term funds.
Masala bonds: British Columbia keen to develop overseas rupee bond market
Fp Staff •Masala bonds offer British Columbia a means to participate in the internationalisation of the rupee and Indian economy