[ad_1] In a bid to increase participation in interest rate derivatives in the domestic market, a panel set up by the Reserve Bank of India has proposed a slew of measures, including asking banks to review the possibility of pricing small-ticket advances based on market-determined benchmarks. The panel has mooted transitioning to a new benchmark […]

[ad_1] Non-banking finance company (NBFC) Shriram Finance has raised $500 million through a 3.6-year tenure social bond at a 6.15 per cent interest rate per annum, according to an exchange notice. “This opportunistic issuance, executed under favourable market conditions, garnered an overwhelming response from global investors. As our 9th successful public USD bond issuance, following […]