Capital market stocks surged Wednesday as the RBI delayed new lender exposure rules by three months. Originally set for April 1, these norms would have increased costs for brokers and reduced leverage for proprietary traders. The deferment offers temporary relief, with industry associations expected to engage the regulator on reassessing the provisions.
Cube Highways Trust secures Rs.1,150 crore through AAA-rated NCDs
Cube Highways Trust has triumphantly secured Rs. 1,150 crore by issuing senior secured NCDs, boasting a competitive coupon rate of 7.50% per annum, payable quarterly