SBI, HDFC Bank to raise up to Rs 10,000 cr via AT-1 bonds https://ift.tt/8ms2PQA, or Additional Tier 1 (AT-1), bonds are quasi-equity instruments that will allow the country's most valued lender and the biggest mass financier to raise their respective capital adequacy ratios by up to 30 basis points, giving them further headroom to advance funds to eager borrowers-both retail and institutional.
NSE IFSC-SGX Connect may be fully operational by June https://ift.tt/XC89Iks this connectivity, global investors who are clients of SGX will be able to trade in Indian derivatives market remotely without having to set up a shop in India. Currently, only a few trades are being executed through the route.
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