Issuers eye corporate bond market as RBI hints at a softer rate outlook, lower yields

New Delhi, Oct. 10 -- After a muted September quarter, India's corporate bond market is seeing a revival, with major borrowers lining up to raise funds as yields begin to soften following dovish signa... Read More

SBI eyes deal finance on home turf, as RBI draft rule moots level field for Indian banks

New Delhi, Oct. 8 -- Having financed India Inc.'s overseas buyouts for long, State Bank of India (SBI) sees itself ready to underwrite mergers and acquisitions (M&As) at home, as the Reserve Bank of I... Read More

Adani Enterprises taps bond market to raise Rs.1,000 cr

MUMBAI, Oct. 8 -- Adani Enterprises Ltd is tapping the corporate debt market today to raise Rs.1,000 crore, according to a term sheet reviewed by Mint. Of the total issue size, Rs.300 crore is earmark... Read More

New rules will bump up provisions, but SBI chair sees limited hit

New Delhi, Oct. 8 -- State Bank of India expects a limited impact from a shift to the expected credit loss (ECL) framework, citing the long transition period under the proposed norms that would increa... Read More

Axis Bank vows to take on foreign banks in M&As as RBI mulls change in funding norms

New Delhi, Oct. 7 -- As the Reserve Bank of India (RBI) mulls allowing banks to finance domestic mergers and acquisitions (M&As), Axis Bank's MD and CEO Amitabh Chaudhry made it clear that his bank in... Read More

RBI looks to up rupee's role in cross-border trade

MUMBAI, Oct. 2 -- To strengthen the rupee's global footprint, the Reserve Bank of India (RBI) on Wednesday rolled out measures to facilitate trade and investment in the Indian currency. The RBI plans ... Read More