The private sector lender had raised the funds at a coupon rate of 7.45%, debt capital market executives had said. The bond issuance had a base size of Rs 2,000 crore and a greenshoe option of Rs 2,000 crore.
LIC Mutual Fund has reintroduced five flagship equity schemes, including the Value Fund and Small Cap Fund, to attract new investors and enhance product offerings.
JM Financial anticipates a pro-growth monetary policy under the new Reserve Bank of India Governor, Malhotra. The firm expects the central bank to potentially lower
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