Latest Breaking News On - National depository - Page 7 : comparemela.com

Mumbai: Debt investors are dumping India amid rising fears that growth could be tepid and interest rates could spike due to high government borrowing. Foreign portfolio investors (FPIs) have sold a net of `16,787 crore worth of debt securities since January 1, show data compiled by ETIG Database. In contrast, they purchased a net ₹38,442 crore of equities, betting on the country’s growth prospects. “India’s macro deceleration will likely hit companies’ creditworthiness and their ability to service their debt obligations,” said Hemant Mishr, founder of SCUBE Capital, a Singapore-based fund. “A rotation is happening away from onshore Indian bonds on the back of risk aversion, triggered by the second (Covid-19) wave,” he said. “This in turn will likely put the rupee under pressure amid growth concerns if the situation is not quickly brought under control.”

Hemant mishrSriram krishnanInternational central securitiesNational depository securitiesDeutsche bank indiaNational depositoryDeutsche bankCentral securities depositoryஹேமண்ட் மிஷ்ர்ஸ்ரீராம் கிருஷ்ணன்சர்வதேச மைய பத்திரங்கள்டாய்ச் வங்கி இந்தியாதேசிய வைப்புத்தொகைடாய்ச் வங்கிமைய பத்திரங்கள் வைப்புத்தொகை