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The offering of this debt fund — the only bond ETF in the country — will open on July 14 for three days. It has two series options — one maturing in 5 years and the other in 11 years. Based on the yields of the underlying index, investors in the second tranche of the ETF maturing in April 2025 could earn 5.71 per cent, while those maturing in April 2031 could earn 6.82 per cent.
Banks plan EMI deferment for restructuring of home loan Lenders, including SBI, are working on restructuring options for home loans where the overall tenure of the loan does not extend by more than two years, even after relaxing the repayment schedule.
from Stocks-Markets-Econom… Read MoreRIL may buy Urban Ladder, Milkbasket to boost e-tailThis comes at a time when the Mukesh Ambani-led conglomerate is also said to be in talks to acquire players like e-pharmacy startup Netmeds and lingerie retailer Zivame, even as it scripts consolidation with Future Retail.
f… Read MoreLife lessons from Dhoni that corporate India can learnI have always believed that performance leads to recognition; recognition leads to respect; and respect leads to power. Therefore, economic performance is the key to India becoming powerful on the global stage.
from Stocks-M… Read MoreCiti’s $900-million ‘clerical error’ is worst Wall Street bungle in a long timeThe "clerical error" has plunged the bank into a battle between the Perelman empire and a corps of sharp-edged investment funds that have become its impatient creditors.
from Stocks-Markets-Economic Times https://ift.tt/3gWA… Read MoreStocks ignore stimulus rift, sowing worries on Wall StreetThe impasse between Republican and Democratic negotiators over renewed coronavirus relief proved no bar to the S&P 500 Index notching a third straight week of gains.
from Stocks-Markets-Economic Times https://ift.tt/2Fup… Read More
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