Govt may issue sovereign bonds in phases, first lot to be of $3-4 billion
In a bid to set a benchmark and create a market for its planned overseas sovereign bonds this year, the Narendra Modi government is likely to make its first tranche of the maiden issue no less than $3-4 billion. The bonds will likely be simultaneously launched in major financial centres such as London, Singapore, Hong Kong, New York and others. Read more...
MFs differ with banks over DHFL resolution, may opt for the DRT route
Mutual funds (MFs) that have exposure to beleaguered Dewan