The fall in government bond yields to 6.98% reduces borrowing costs across the economy, influencing corporate borrowing prices. Sovereign debt yields serve as benchmarks for determining corporate borrowing costs.
The Supreme Court confirmed the decision of the Bombay High Court regarding Yes Bank’s AT1 bonds. This ruling impacts ₹8,415 crore in bonds written off
Reserve Bank of India recently clarified the applicability of foreign exchange risk reserve for banks. The requirement does not apply to banks engaging in market-making
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