Higher yields in the corporate bond market and the cancellation of four planned issuances within three weeks have led some issuers to postpone large-dollar fundraising until next quarter, investment bankers and investors say. Companies including Micro Units Development and Refinance Agency (MUDRA), Indian Bank and ONGC Petro have postponed debt sales worth 150 billion rupees […]
Mumbai: The Securities and Exchange Board of India (Sebi) on Monday started a new risk and return verification agency to check mis-selling of investment products. With digital audit trails, fewer bad buys and better data for monitoring, the Past Risk and Return Verification Agency (PaRRVA) would help investors and intermediaries operate on a level playing […]