Thu, May 03, 2018
Indian companies are clamouring for lowering the minimum tenor applicable while issue of masala bonds to one year from the current three years. Corporates are also seeking RBI to relax the minimum five-year tenor to three years in case of masala bonds worth over $150 million.
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Thu, Jan 11, 2018
Country's largest lender State Bank of India (SBI) plans to raise Rs 20,000 crore through long term bonds to fund affordable housing. SBI had earlier proposed to raise Rs 5,000 crore for the purpose.
Thu, Jun 08, 2017
RBI has made some changes to rules pertaining to masala bonds that may make this fundraising route less attractive.
Thu, May 12, 2016
In a strong disapproval of sector- specific sops, Reserve Bank Governor Raghuram Rajan has said "encouraging" any industry may be the surest way of killing it and policymakers should refrain from dictating the course of a business.
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