Indian corporates are increasingly favoring the bond market, particularly short-term bonds, due to banks’ slow response to rate cuts. Liquidity infusion by the RBI has significantly lowered short-term bond yields, prompting this shift. AAA-rated companies find bond yields more attractive than bank MCLR rates, while lower-rated firms may still prefer bank credit.
Ashok Leyland 1:1 bonus issue record date tomorrow. Do you own?
Investors eyeing Ashok Leyland’s 1:1 bonus issue should note July 15 as the last day to buy shares for eligibility. The company has set July