Debt

Foreign investors pull out over Rs 17,000 crore from Indian debt market in June

Sunday June 16, 2013

Overseas investors have pulled out over Rs 17,000 crore (nearly $3 billion) from the Indian debt market in just a fortnight due to weakness in the rupee.

Apollo Tyres says no debt overloading of India operations for Cooper acquisition

Friday June 14, 2013

With its stock taking a severe hit after it announced plans for the Rs 14,500-crore buyout of US-based Cooper Tire & Rubber Co, Apollo Tyres today sought to assure investors that the deal will not load its Indian operations with excessive debt.

Apollo Tyres slumps 8% on debt worries

Friday June 14, 2013

Apollo Tyres slumps 8% on debt worries

Rupee snaps 5-day fall as Fitch upgrade boosts sentiment

Thursday June 13, 2013

The rupee rallied on Wednesday, snapping a five-session losing streak, as an upgrade by Fitch Ratings helped calm investor nerves after a series of record lows were hit in recent sessions on the back of massive debt outflows.

Govt may simplify debt limit allocations for foreign investors: report

Wednesday June 12, 2013

Among the measures being considered is making government debt limits available on a first come, first serve basis for foreign investors, instead of the current system of selling these at monthly auctions.

S&P revises US credit outlook to 'stable' from 'negative'

Monday June 10, 2013

S&P said the chances of a ratings downgrade is now "less than one in three" as improvements in tax receipts and economic performance are helping to bring down the country's debt levels.

Equity mutual funds redemptions hit eight-month high

Monday June 10, 2013

Investors withdrew Rs 2,910 crore from equity funds, while buying Rs 20,919 crore in debt funds in May, according to data released on Monday by the Association of Mutual Funds in India (AMFI).

Rupee hits record low, stirs concern about economy

Monday June 10, 2013

Foreign investors have been heavy sellers in recent weeks of Indian debt, a key risk for a country that has come to depend on capital inflows to finance its current account deficit and support its markets.

MCX-SX's debt segment to go live from June 10

Sunday June 9, 2013

The country's newest stock exchange, MCX-SX, will commence live trading on its dedicated debt-trading platform from Monday, June 10.

Finance Ministry asks banks to have independent corporate debt restructuring oversight panel

Friday June 7, 2013

To restrict the use of loan restructuring mechanism only to deserving cases, the Finance Ministry on Thursday asked bankers to have an independent oversight committee that will vet the corporate debt restructuring (CDR) applications.

Rupee near one-week high; RBI, government to the rescue

Wednesday June 5, 2013

India is likely to raise the cap on foreign investment in sovereign debt by $5 billion soon, two Finance Ministry officials said.

RBI sets 1.44% real yield on inflation-indexed 2023 bonds

Tuesday June 4, 2013

The debt will be indexed to the final wholesale price inflation with a four-month lag, meaning the auction will be extrapolated from January's final WPI of 7.31 per cent.

Moody's puts debt ratings of 11 Indian banks under watch

Monday June 3, 2013

The subordinated and junior subordinated debt ratings of these banks have been placed under review in the wake of the methodology update, said Moody's Investors Services.

DLF shares to gain on improving outlook: Macquarie

Monday June 3, 2013

DLF has also guided for net debt of Rs 17,000 crore by the end of fiscal 2014, down 20 per cent from fiscal 2013 levels, Macquarie said in a note to clients on Monday.

No more Mr Nice Guy: Indian bankers suit up for war on debt defaulters

Monday June 3, 2013

Weighed down by stressed loans of nearly $150 billion - equivalent to more than 10 per cent of bank assets in the country - and against a backdrop of the slowest economic growth in a decade, Indian banks are bringing an unprecedented intensity to the...