Dharamraj Lalit Dhutia

6 days ago | reuters.com | Khushi Malhotra |Dharamraj Lalit Dhutia |Siddhi Nayak

MUMBAI, May 8 (Reuters) - Indian companies are stepping up domestic currency borrowing as the central bank's liquidity infusions have lowered local bond yields, while tariff concerns keep global rates elevated and investors cautious. Domestic firms raised 987 billion rupees ($11.68 billion) through the sale of bonds in April, data from information provider Prime Database showed, a record for the first month of the financial year.

1 week ago | ca.marketscreener.com | Siddhi Nayak |Dharamraj Lalit Dhutia

MUMBAI (Reuters) -India saw the listing of its first residential mortgage-backed securities sold through the bidding route on Monday. The housing finance regulator expects firms to raise 100 billion rupees to 200 billion rupees ($1.2 billion to $2.4 billion) through these instruments in the current financial year. The funds would be raised across seven to 10 transactions over the year, National Housing Bank Managing Director Sanjay Shukla said in Mumbai.

1 week ago | marketscreener.com | Dharamraj Lalit Dhutia |Jaspreet Kalra

MUMBAI (Reuters) -The Indian rupee is likely to hold a slightly positive bias this week, and alongside government bonds, will take cues from the Federal Reserve's policy decision as well as developments on a U.S.-India trade deal and cross-border tensions. The rupee closed at 84.58 on Friday, up 1% week-on-week on the back of portfolio inflows and gains in its regional peers.

2 weeks ago | uk.marketscreener.com | Dharamraj Lalit Dhutia

MUMBAI (Reuters) -Indian companies, led by state-run firms, have accelerated their plans to raise debt from the markets as the central bank's fresh bond purchase scheme surprised markets and pushed borrowing costs lower. Four Indian state-run firms - Power Finance Corp, NHPC, IREDA and HUDCO - are set to raise an aggregate of 125 billion rupees ($1.5 billion) and have invited bids on Wednesday and Friday. They did not immediately reply to a Reuters email seeking comment.

2 weeks ago | ca.marketscreener.com | Dharamraj Lalit Dhutia

MUMBAI (Reuters) -The Reserve Bank of India's plan to buy 1.25 trillion rupees ($14.66 billion) of bonds in May will likely lower the cost of overnight interbank funds, effectively acting as a rate cut, according to analysts. The debt purchases are likely to increase the liquidity in the banking system, helping transmit the two rate cuts announced this year and also keep the effective cost of funds below the policy repo rate of 6.00%.