Canara Bank raises Rs 10,000 crore at 7.4% through 10-yr bonds
The consultancy released the findings based on an analysis of seven cities -- Delhi NCR, Mumbai, Pune, Bengaluru, Chennai, Hyderabad, and Kolkata -- over the last eight quarters
The capex of the past year or two will probably result in over-supply
AnZen Trust has acquired two operating inter-state transmission assets, located in the states of Punjab, Haryana and Bihar
Much of corporate portfolio has dollar-linked revenue and is not exposed to rupee depreciation
The Mumbai office will target investments in India across all asset classes, including public and private equities, infrastructure, real estate, credit and venture and growth equity
India is expected to be a USD 25-trillion economy in 25 years, veteran banker and chairman of National Bank for Financing Infrastructure and Development K V Kamath said on Tuesday. NaBFID was set up by the government last year to support the development of long-term infrastructure financing in the country. Kamath also said all the necessary policies and framework related to NaBFID have been done. We are on schedule (that) the government has in mind," he said adding as many as 12 board meetings of the bank have already taken place. "The India that I look forward to, 25 years from now, (will be) a USD 25-trillion (economy)," Kamath said at the Morningstar Investment Conference here on Tuesday. He said the Indian economy is growing at a compound annual growth rate of 8-10 per cent. "The policies, processes and the framework are done. The CEO is in place...We have to start lending now, Kamath said.
On the private-sector side, capacity utilisation has risen across several industries
The institution has been set up to support the development of long-term non-recourse infrastructure financing.
Of the 21 schemes in the category, seven have given a return of more than 100 per cent in a year
The NMP will serve as a roadmap for asset monetisation of brownfield infra assets across sectors such as roads, railways, aviation, power, oil and gas, and warehousing
Let managers of diversified equity funds decide exposure, avoid direct investment
Industry players see this theme doing well going forward due to green shoots in some segments on the economy and govt's infra thrust
Guaranteeing DFI debt will increase systemic risk
The Bill suggests that the government has learned from past mistake
After the March 2020 market crash, all the major economies, including India, launched large monetary and fiscal stimulus packages to counter the slowdown
Its planned incorporation into a larger development finance institution could present challenges for a company with a founding covenant that restricted its scale of operations
New DFI should not just be a bailout of the old
Here's a selection of Business Standard opinion pieces for the day
The fund is part of the Rs 20 trillion stimulus package announced in May to help people affected by the lockdown to prevent the spread of Covid-19