“The latest relaxation has increased investor appetite for AT1 bonds as banks will be able to raise more capital via such instruments,” said Sushanta Mohanty, general manager – treasury at Bank of Baroda. “With credit demand coming up, it is helpful for banks,” he said.
Gold, silver hit all-time high on Diwali demand
Gold prices reached a new high of Rs 80,650 per 10 grams in the national capital. Silver also rose significantly by Rs 5,000 per kg,