What is the News? Power Finance Corporation Ltd (PFC), the leading NBFC in the power sector, has issued its maiden Euro Green Bond. What is a Euro Green Bond? It is the first-ever Euro denominated Green bond issuance from India. Moreover, it is the first-ever Euro issuance by an Indian NBFC and the first Euro… Continue reading PFC issues India’s first-ever Euro Green Bond
Tag: financial instruments
T+1 settlement system: how it works, and how it will help investors
What is the News? Securities and Exchange Board of India (SEBI) has introduced T+1 (Trade plus 1 day) settlement cycle for stocks on an optional basis in place of T+2 settlement. The new rule will come into force on January 1,2022. What is a T+1, T+2 Settlement? T+1 (T+2) are abbreviations that refer to the… Continue reading T+1 settlement system: how it works, and how it will help investors
FM launches Ubharte Sitaare Fund
Source: The Hindu Contents1 What is the News?2 About ‘Ubharte Sitaare’ Alternative Investment Fund:3 Objectives of the Fund:4 Key Features of the Fund: What is the News? The Ministry of Finance has launched ‘Ubharte Sitaare’ Alternative Investment Fund. About ‘Ubharte Sitaare’ Alternative Investment Fund: Aim: To provide debt and equity funding to export-oriented MSMEs as… Continue reading FM launches Ubharte Sitaare Fund
Pilot Launch of International Bullion Exchange – The Gateway for Bullion Imports
Source: PIB What is the News? International Financial Services Centres Authority(IFSCA) has launched the pilot run for the International Bullion Exchange. What is Bullion? Bullion refers to physical gold and silver of high purity that is often kept in the form of bars or coins. Bullion can sometimes be considered legal tender and is often… Continue reading Pilot Launch of International Bullion Exchange – The Gateway for Bullion Imports
Oil bonds and other associated issues – Explained, pointwise
For 7PM Editorial Archives click HERE → Contents1 Introduction2 Deregulation of oil price3 What are oil bonds?4 Previous instances5 Rationale behind issuing bonds by the government6 Issues/concerns7 Suggestions/Measures8 Way forward Introduction The Centre has argued that it cannot reduce taxes on petrol and diesel, as it has to bear the burden of payments in lieu of oil bonds… Continue reading Oil bonds and other associated issues – Explained, pointwise
