Tag Archives: debt markets

PNB Housing Finance board approves Rs 2000 crore fundraising plan

PNB Housing Finance board has on Tuesday approved a Rs 2000 crore fundraising plan in bonds following its scrapping of Rs 4000 crore equity infusion from American buyout firm Carlyle. The mortgage lender said it would also be evaluating other … Continue reading

Posted in Forex | Tagged , , , , , , , , | Leave a comment

White Oak Capital completes acquisition of YES Bank’s MF business

NEW DELHI: Clearing the way for entering the mutual fund industry, White Oak Capital on Tuesday said it has completed the acquisition of YES Asset Management, which was previously owned by YES Bank . The company, founded by renowned money … Continue reading

Posted in Investing | Tagged , , , , , , , | Leave a comment

Axis AMC raises Rs 400 crore via Growth Avenues AIF-I

Axis Asset Management Company, an arm of private sector lender Axis Bank, has raised around Rs 400 crore through the first close of Axis Growth Avenues AIF – I, aiming to fund ideas with deep technology as their USP. The … Continue reading

Posted in Stock price | Tagged , , , , , , , | Leave a comment

Goldman now sees Fed hiking rates in July as inflation lingers

Goldman Sachs Group Inc. economists said they now expect inflation will force the Federal Reserve to hike interest rates next July, a year earlier than previously expected. In a report to clients late Friday, economists led by Jan Hatzius said … Continue reading

Posted in Market | Tagged , , , , , , , | Leave a comment

SBI to raise Rs 4000 crore via bonds

Mumbai: The State Bank of India (SBI) is planning to raise about ₹4,000 crore via bond sales as it is gearing up to strengthen its capital base with credit demand reviving gradually. The lender is weighing options to raise money … Continue reading

Posted in Stocks News | Tagged , , , , , , , | Leave a comment

Sebi issues guidelines for trading and investment by AMC employees

Mumbai: The Securities and Exchange Board of India (Sebi) has barred senior employees and directors of asset management companies and their trustees from buying or selling mutual fund units while having access to any non-public information, such as winding up … Continue reading

Posted in PRO | Tagged , , , , , , , | Leave a comment

Adani Transmission raises $700 mn

Mumbai: Adani Transmission (ATL), India’s largest private-sector power transmission and retail distribution company, raised $700 million in a revolving facility for its under-construction assets through definitive agreements with eight leading global lenders including Mizuho Bank and Standard Chartered Bank. The … Continue reading

Posted in Stocks News | Tagged , , , , , , , | Leave a comment

How target maturity funds help manage risk in debt investment

There are two types of risks in debt funds: volatility risk (also known as interest rate risk or duration risk) and credit risk. There are certain types of funds that minimise either of these two risks. Government security funds (a.k.a. … Continue reading

Posted in Stocks News | Tagged , , , , , , , , | Leave a comment

When to invest in aggressive hybrid mutual funds

Sujeet is a senior government employee, set to retire in seven years. His children are grown up and will soon start earning. He has been investing in large-cap equity funds. However, he has heard some market commentary about the current … Continue reading

Posted in PRO | Tagged , , , , , , , , , , , | Leave a comment

SBI set to raise up to Rs 6,000 cr via local AT1 next week

MUMBAI: State Bank of India (SBI) is rushing to raise funds before the interest rate cycle turns following the Reserve Bank of India’s expected liquidity normalisation measures. India’s largest lender is set to sell Additional Tier 1 bonds worth up … Continue reading

Posted in Stock price | Tagged , , , , , , , | Leave a comment