Sundaram Alternates is launching a hybrid private credit and equity fund targeting ₹1,500 crore, aiming for 18-20% returns. The fund will allocate 51-60% to listed equities and 40-49% to high-yield private credit, focusing on mid-market businesses and real estate opportunities.
RBI seeking to curb yields buys bonds at a premium
The Reserve Bank of India purchased bonds at higher prices than the market on Monday. This move aimed to control bond yields during a period