The tenor of the loan is likely to be five years. It may be priced 110-120 basis points above the Secured Overnight Financing Rate (SOFR), the benchmark that replaced Libor. The deal is expected to be sealed in the next few weeks.
From a technical standpoint, Nifty50 remains firmly on a rising trajectory. If it continues to advance within its defined and laid path, it may go
MP, Rajasthan, Chhattisgarh have combined 66 or 12% of Lok Sabha seats – and the BJP-led National Democratic Alliance had swept through the 2019 general
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