Top headines: RBI on corporate bonds; December qtr auto sales slip

RBI proposes adding corporate bonds in banks' HTM category

The Reserve Bank of India (RBI) on Friday proposed allowing banks to keep corporate bonds, or even equity shares of subsidiaries, associates and joint ventures in the held-to-maturity category (HTM) of their investment books.'Read more

Chip crunch, pandemic, high costs drag Dec qtr auto sales to multi-year low

Sales of automobiles across all segments in India, the world’s fifth-largest market, hit a multi-year low in the December quarter owing to pandemic-induced factors, which disrupted both supply and demand. A persistent increase in raw material costs, coupled with