RBI’s rescue package for Yes Bank, which will see SBI infusing capital into the bank to pick up 49 % of its equity, offers a breather to its depositors and shareholders. But one class of stakeholders who are set to take a comprehensive haircut valued at Rs 10,800 crore despite the bailout, are the holders of Additional Tier 1 (AT1) bonds in the bank.
Just as the Indian stock market was taking a breather from recent worries about the slowdown, two new cases of Coronavirus infections have sent it into renewed paroxysms of volatility. Here’s attempt to answer top-of-mind questions from investors on how they should deal with this phase.
IPOs evoke such interest because of the mistaken belief that IPO stocks offer a unique ticket to riches that thousands of ‘older’ stocks listed in the market don’t. But IPOs have a far worse track record than secondary market investments in long-term wealth creation.
Sovereign Gold Bonds (SGBs) issued by the RBI on behalf of the Centre and Gold Exchange Traded Funds (ETFs) are more efficient paperless modes to invest in gold in India. But how do they stack up against each other?
One of the intriguing things about Indian Union Budget presentations is that tweaks to the tax laws that get just a half-a-minute mention in the budget speech often pack a big punch for taxpayers. This year, the move that fits this description is the Centre’s decision to offer a new friendlier tax regime .
Debt investors looking for a safe parking ground for their long-term money are facing a drought of good options today. Under the circumstances, there is one less-known option that offers the combination of higher-than-market interest rates with complete safety of principal.
The Indian debt market threw up multiple money-making opportunities for investors in 2019. 2020 though, is likely to prove far more challenging. Interest rates are likely to halt their steady slide over the last five years to display more volatility this year. The compensation for taking on credit risks is likely to shrink