SBI to seek board approval for funds; Axis Bank raises $500 mnState Bank of India’s board will meet on May 12 to consider raising up to $2 billion through long-term foreign currency bonds in FY27 via p...
08 May, 2026, 11.44 AM IST
Axis Bank raises $500 million in offshore loan from MUFGAxis Bank, India's third-largest private lender, has secured a $500 million offshore loan from Mitsubishi UFJ Financial Group. This three-y...
07 May, 2026, 04.40 PM IST
Satin Creditcare plans $20 million bond issueMicrofinance lender Satin Creditcare Network announced plans to raise $20 million through dollar-denominated bonds. These bonds are slated ...
07 May, 2026, 05.58 AM IST
US Stock Market | Bond markets signal rising odds of Fed rate hike before cutsGlobal bond traders are shifting stance, increasingly pricing in a possible rate hike by the Federal Reserve before any cuts, with derivati...
06 May, 2026, 10.44 AM IST
IIFL Finance plans to raise $400 million in ECBsIIFL Finance is aiming to raise up to $400 million through external commercial borrowings, with Standard Chartered, JPMorgan, and HSBC arra...
06 May, 2026, 05.59 AM IST
Energy shock from Iran war delays rate cuts, sets up divergent paths for Fed, ECB and BoJThe Iran war's impact on energy prices is forcing central banks to reassess policy. Robeco anticipates the Fed will cut rates twice this ye...
03 May, 2026, 10.57 AM IST
Vedanta Resources seeks $200 million loan top-up after $350 million deal earlier this yearVedanta Resources is looking to boost its existing $350 million loan by at least $200 million. The company is in talks with Sumitomo Mitsui...
18 Apr, 2026, 12.42 AM IST
IKS in talks for $675 mln loan to fund TruBridge acquisitionInventurus Knowledge Solutions, a Mumbai firm, is nearing a deal to acquire TruBridge. The company is arranging a substantial offshore loan...
17 Apr, 2026, 01.56 AM IST
Liquidity panic? SOFR-IORB spread hits highest level since 2020 — QE next?US liquidity crisis SOFR-IORB spread 2025: US financial markets show signs of strain despite calm appearances. The SOFR-IORB spread, a key ...
12 Nov, 2025, 03.46 AM IST
SBI concludes issuance of $100 million foreign bondsThese mio senior unsecured floating rate notes have a maturity of three years and coupon of SOFR+95 bps, the bank said. The secured overnig...
15 Jun, 2024, 07.45 AM IST
HDFC Bank raises $500 million from MUFGThe dollar loan from MUFG was financed through the Japanese lender's Gift City branch and was priced at 110 basis points above the three- y...
16 Jan, 2024, 11.52 AM IST
ET Explainer: What does spike in US funding rates mean for IndiaA repo, which stands for a re-purchase agreement, is in many ways the fundamental building block of money markets the world around. Essenti...
06 Dec, 2023, 02.44 PM IST
IOC invites bids to raise $600 million SOFR-linked syndicated loanIndia's largest oil refiner and fuel retailer will raise the loan in four tranches with maturities ranging from 1.7 to 2.5 years as per the...
12 Feb, 2022, 08.45 AM IST
HSBC executes its first SOFR-linked trade financing with Brookfield RenewableMarkets across the globe are getting ready to this alternate reference rate following an announcement from the UK’s Financial Conduct Autho...
07 Dec, 2021, 04.58 PM IST
RIL cuts term SOFR deal with JP Morgan, heralds a new eraThe financing deal was sealed at the bank’s overseas branch, likely in Singapore, and it involved discounting a Letter of Credit (LC). The ...
25 Aug, 2021, 10.03 AM IST
New US credit benchmarks gain traction as Libor deadline approachesInvestors are facing a year-end deadline to stop basing new loans and trades on Libor, an acronym for the London Interbank Offered Rate.
26 Apr, 2021, 02.07 PM IST
Large banks gear up for transition from LIBOR to SOFRSOFR will likely be the new bellwether for Indian companies/banks pricing overseas money market/derivative deals or loans. That would repla...
29 Jan, 2021, 06.58 AM IST