“The aggregate value of AT1 (additional tier one) bonds held in a particular bank, at any point of time, shall not excess 10% of the total outstanding AT1 bonds of that particular bank,” Insurance Regulatory Development Authority of India (IRDAI) said late Wednesday. Earlier, the cap was meant for any particular primary issuance of those bonds, popularly known as perpetual papers.
A break above 18600 could take Nifty to fresh highs: Kunal Shah
Analysts anticipate that bulls will regain control in the Indian equity markets once the Nifty index breaks above 18,600 on a closing basis. The breakthrough
June 3, 2023