Bharti Telecom, the holding company of Bharti Airtel, is set to launch its largest bond sale of the current fiscal year. The company aims to raise 150 billion rupees through bonds maturing in two and three years. This fundraising is expected to be at significantly lower rates than last year. Mutual funds are anticipated to be major buyers.
Will RBI announce steep rate hikes? Nomura sees up to 50 bps increase by Dec, dismisses 125 bps hike fears
Nomura expects the RBI to pursue a limited tightening cycle, with a possible 50 bps rate hike by December, as food and energy pressures rise