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State Bank of India raises interest rate on savings account to 'excellent' 5.15% | Personal Finance | Finance

State Bank of India raises interest rate on savings account to 'excellent' 5.15% | Personal Finance | Finance
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Muthoot Microfin Limited Raises USD 75 Million via ECB

Muthoot Microfin Limited Raises USD 75 Million via ECB
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India: Muthoot Microfin secures $75m through external commercial borrowings

Muthoot Microfin Limited has secured a term loan of $75 million in the form of external commercial borrowings (ECBs). ....

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Muthoot Microfin: Muthoot Microfin secures $75 million external commercial borrowing for diversified funding

The loan is raised for three years and three months tenure and benchmarked to a three-month term SOFR (Secured Overnight Financing Rate) with a margin of 2.85%. The cost comes to 9.58% a year, lower than lender s incremental cost of 10.41% for the past none months, Muthoot Microfin chief executive Sadaf Sayeed told ET. ....

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Share Market Highlights 28 March 2024: Indian equity markets end FY24 on a bullish note; Sensex jumps 650 pts, Nifty settles above 22,300

Share Market Highlights 28 March 2024: Indian equity markets end FY24 on a bullish note; Sensex jumps 650 pts, Nifty settles above 22,300
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