The five-year rupee-denominated green loan facility will help the company lower funding costs as the proceeds will primarily be used to prepay an existing offshore loan before its scheduled repayment date. The onshore loan, according to a local banker, could be priced at a spread of 200-250 basis points over three-month Treasury Bills, which yielded 6.45% in the Reserve Bank of India’s latest primary auction.
Paused your mutual fund SIP investments? Here’s how temporary interruptions can affect your financial goals
When investors think about financial mistakes, they usually quantify them in rupees. One common mistake is pausing SIPs for a temporary period and resuming them