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Gold loan defaults within permissible limits, says Thomas John Muthoot

Gold loan defaults within permissible limits, says Thomas John Muthoot
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

Funding Galore: $237 Mn Raised By Indian Startups This Week

bond market: Covered bonds help sub-AAA issuers raise cheaper funds

Risk aversion due to Covid driving issues; investors protected against default and get attractive yields, while borrowers pay 50-125 bps lower. About a dozen non-banking companies raised covered bonds, through two routes: non-convertible debentures and market-linked debentures. About three-fourths of them are rated in the single-A category and have sold the securities in the primary market with mutual funds, insurers and pension funds investing in them.

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