ICICI Bank, Axis Bank tap dollar debt again in less than two months: Report
ICICI Bank and Axis Bank have returned to the U.S. dollar debt market, each looking to raise $300 million through upcoming bond issues, set to close for subscription next week. Notably, last month saw ICICI Bank raise a substantial $1 billion while Axis Bank secured $800 million. This bond issuance utilizes the Reserve Bank of India's hedging facility to facilitate smoother transactions.
SEBI has expanded the scope for Online Bond Platform Providers (OBPPs), allowing them to offer IFSCA-regulated products and specific tax-saving bonds. Platforms must implement clear labelling, disclaimers, and updated compliance officer requirements to ensure investor transparency and regulatory adherence.
Top Trending Stocks: SBI Share Price , Axis Bank Share Price , HDFC Bank Share Price , Infosys Share Price , Wipro Share Price , NTPC Share Price
ET Prime special series: Bigger or Better? Bharat Electronics’ 2013 to 2026 journey, Part 2
Will Uncle Sam’s 100% tariff threat stop India’s Russian oil imports?
ET Prime special series: Bigger or Better? Bharat Electronics’ 2013 to 2026 journey, Part 1
Stuck for a decade, then 5 years early: Can biogas follow ethanol's curve?
Rupee is stabilising, but another currency risk is staring at India Inc
