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HDFC To Raise Up, To Rs 11,000 Cr By Issuing Bonds This Month
Mortgage lender Housing Development Finance Corporation (HDFC) plans to raise up to Rs 11,000 crore by issuing bonds on a private placement basis. The base issue size of the company's secured redeemable non-convertible debentures is Rs 4,000 crore with an option ...
RBI Increases Trading Timings, Market Starts From 9 AM
The Reserve Bank of India (RBI) has increased the trading timing in the stock market for various markets. The central bank of India commented, "With the substantial easing of restrictions on the movement of people and functioning of offices, it has ...
Mahindra Finance Raises Rs 300 Crore By Issuing Bonds
Mahindra & Mahindra Financial Services on Tuesday said it has raised Rs 300 crore by issuing bonds on a private placement basis. A meeting of the committee of the board on Tuesday approved the allotment of 3,000 secured redeemable non-convertible ...
What Are Unlisted Securities? Is It Good For Investment?
Unlisted securities are a financial instrument that does not fulfil the criteria for listing on a formal stock exchange. Unlisted securities are traded on the over-the-counter (OTC) market and are referred to as OTC securities. On the OTC market, market makers, ...
IRFC lists foreign currency and green bonds on NSE IFSC
Indian Railway Finance Corporation (IRFC) has listed its foreign currency bonds and green bonds on NSE IFSC's debt securities market platform. The company has raised a capital of USD 2.25 billion by issuing bonds in different tranches under the USD 4 ...
What is a Rental Bond In India?
Before engaging in a legal arrangement in India, tenants must pay a large security deposit to the landlord. These security deposits may range anywhere from two to twelve months. This sum serves as a guarantee by the tenant in favor of the ...
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