The multiple price auction method was suspended by the RBI for most debt auctions in July 2021 amid severe market volatility due to sharp increases in government borrowing during the COVID crisis. While the method encourages deeper price discovery for bonds, it can result in higher cost of borrowing for the issuer – the government in this case – when market conditions are adverse.
Eternal shares jump 3% from lows as Zomato hikes platform fee by Rs 2.4 per order
Eternal shares surged 3% after Zomato increased its platform fee by Rs 2.40 per order, bringing it in line with rival Swiggy. This move follows