This is how far back one must travel in time to understand the surging cost of funds in the world’s biggest debt market, which determines how much companies from Jakarta to Johannesburg would pay to raise funds for anything: From something as mundane as staff wages and vendor payments to initiatives far more elaborate and capital-intensive, such as capacity generation and M&A.
Sebi launches new verification agency to crack down on mis-selling
Sebi has launched the Past Risk and Return Verification Agency (PaRRVA) to combat mis-selling of investment products. This tech-driven system, linking credit rating agencies and