IDFC gains as RBI eases infra bond sale norms

Tags: Companies
Shares in IDFC Ltd gain as much as 4.9 percent after the Resrve Bank of India on Tuesday provided the guidelines under which banks would be exempted from reserve requirements when raising long-term bonds for infrastructure.

IDFC, an Indian infrastructure lender that obtained a banking license in April, is seen as one of the main beneficiaries of the measures.

Shares in IDFC were up 4.4 percent at 0915 a.m.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

EDITORIAL OF THE DAY

  • The Constitution defines complimentary roles for executive and judiciary

    For avid constitutionalists, it is important to remember that while the executive and the judiciary constitute two major pillars of any democratic ord

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

Urs Schöttli

Hong Kong’s democratic dilemma

The 19th and 20th centuries were very unkind to China. ...

Parvez Imam

Does a piece of paper define your identity?

Papers are not papers, after all! Just like you are ...

Bubbles Sabharwal

The importance of looking at the bright side

Now here’s the thing. When your body defies gravity, it ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture