HDFC plans Rs 15,000-crore bond issue https://ift.tt/txJgGPz bonds, which will mature on May 3, 2033, are rated AAA by Crisil and ICRA, the housing financier said. The debt sale is part of the ₹57,000-crore fund-raising plan approved by HDFC's board on March 27, 2023.
Government's cash surplus tops Rs 3.4 lakh crore https://ift.tt/54P3HSG from the deceleration in government spending, higher direct tax collections and a likely sharp rise in issuances of Treasury Bills by the Centre in FY24 were factors pushing up the government's cash balances, analysts said. The flow of government cash balances to and from the banking system is a key factor that influences liquidity conditions.
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