Corporate bond market can double by 2025: CRISIL
The rating agency expects total outstanding supply of corporate bonds to increase from around ₹33 lakh crore in FY20 to ₹65 lakh crore-₹70 lakh crore in FY25, with innovations playing a key role.
The rating agency expects total outstanding supply of corporate bonds to increase from around ₹33 lakh crore in FY20 to ₹65 lakh crore-₹70 lakh crore in FY25, with innovations playing a key role.
As Piramal and Oaktree lock themselves in a fierce bidding war, one can’t rule out a legal challenge to the first-ever finance company undergoing the IBC process.
While gloom prevails across economies, a State Bank of India report says that the Reserve Bank of India has been relatively successful in ensuring financial stability in the market since May.
The central bank announces ₹50,000 crore special liquidity facility for mutual funds to help debt funds tide over market disruptions caused by Covid-19.
Ratings agency CRISIL pegs India’s GDP growth at 3.5% for FY21; says the number of downgrades will outnumber upgrades, as companies suffer from lack of revenues.
The deal with the U.S.-based Clarivate will give Piramal Enterprises much needed liquidity to invest in its NBFC business.
Vinod Aggarwal, MD and CEO, Volvo Eicher Commercial Vehicles, speaks about its BS VI readiness, the tech advances in the commercial vehicle segment, and the slowdown crippling the auto industry.
How the Kerala-based lending and financial services conglomerate weathered the NBFC crisis and emerged unscathed.
FM Nirmala Sitharaman will hold similar meetings with representatives from MSMEs, auto, industry associations, financial market stakeholders, and others to address sector-specific issues.
The government’s partial credit guarantee on asset purchases does not address investors’ long-term concerns about the sector’s exposure to stressed real estate: Fitch Ratings.