How To Invest In Sovereign Gold Bonds? Other Details Here

SGB is issued by Reserve Bank India on behalf of Government of India. Sovereign gold bond (SGB) scheme, a government-run scheme, allows gold investments in non-physical form. The Sovereign Gold Bond (SGB) scheme comprises government securities denominated in gold wherein investors are required to pay the issue price in cash. The bonds are redeemed in […]

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Sebi warns of rising external debt risks as masala bonds surge

The rupee-denominated bonds, popularly known as masala bonds, are likely to add to the nation’s external liabilities even if they don’t hold any risks to currency movement, a top Sebi official said on Wednesday. “When money flows into the country from foreign investments, we are attracting some risks and it is not currency risk alone. Masala […]

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IRDA allows insurers to invest in additional tier 1 bonds

Photo: Mint Mumbai: The insurance regulator allowed insurers on Wednesday to invest in so-called additional tier 1 (AT1) bonds sold by banks, but the stiff terms set by the regulator mean many banks won’t be able to make the grade. AT1 bonds are perpetual bonds with debt-like and equity-like features issued by banks to augment […]

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Dhanlaxmi Bank’s upper tier II bonds downgraded to default rating

Care downgrades Dhanlaxmi Bank’s upper tier II bonds worth Rs27.50 crore to default category. Photo: Pradeep Gaur/Mint Mumbai: In a first for any bank in India, domestic rating agency Credit Analysis and Research Ltd, or CARE Ratings, on Friday downgraded some bonds of Dhanlaxmi Bank Ltd to default category. The bonds, technically known as upper […]

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Rupee Falls On Raghuram Rajan’s exit; Sensex, Bonds rise

New Delhi/Mumbai: India’s rupee fell to a close to one-month low on Monday after Reserve bank of India governor Raghuram Rajan, whose reforms have been credited for plenty of the economic system‘sfulfillment in latest years, announced he might give up whilst his term leads to September. stocks staged a clever recovery to stop better after […]

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