Khushi Malhotra

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.

3 weeks ago | ca.marketscreener.com | Khushi Malhotra |Dharamraj Lalit Dhutia

MUMBAI (Reuters) -At least six Indian state-run companies have sought government approval to issue deep-discount bonds, opting for a rarely used corporate bond structure to raise relatively cheaper funds, four sources aware of the matter said on Tuesday. These companies are Indian Railway Finance Corp (IRFC), Indian Renewable Energy Development Agency (IREDA), Power Grid Corp of India (PGC), REC, SIDBI and NABARD, the sources said.

3 weeks ago | ca.marketscreener.com | Khushi Malhotra |Dharamraj Lalit Dhutia

MUMBAI (Reuters) -India's upcoming bond forwards are set to boost demand for state debt and lower borrowing costs for sub-national issuers, a move investors say could help deepen the country's local bond market. The Reserve Bank of India announced guidelines for bond forwards in February, with rules set to take effect from May 2. While the contracts cover both federal and state bonds, investors expect stronger demand for state bond forwards due to their higher yields.

4 weeks ago | sg.finance.yahoo.com | Siddhi Nayak |Khushi Malhotra

By Siddhi Nayak and Khushi Malhotra MUMBAI (Reuters) - The Indian central bank's plan to allow lenders to bundle bad loans into tradable securities will draw foreign portfolio investors (FPIs) and private credit funds, helping deepen the country's junk debt market, analysts and investors said. The Reserve Bank of India (RBI) said last week it would now permit market-determined securitisation of stressed assets, besides those loans where repayments were on track.

1 month ago | marketscreener.com | Khushi Malhotra |Dharamraj Lalit Dhutia

MUMBAI (Reuters) - Indian government bond yields declined in March, with the 10-year benchmark bond yield posting its steepest monthly fall in 10 months, as aggressive liquidity infusion and growing bets of an imminent rate cut boosted investor appetite. The yield on the 10-year note ended at 6.5823% on Friday, compared with its previous close of 6.6022%. It slid 15 basis points in March, the biggest decline in 10 months.