ANIThe complete transition from LIBOR is a significant event in the global financial markets which requires continued attention from all stakeholders to mitigate operational risks and ensure an orderly transition, RBI said Friday.
RBI advised institutions not to do new LIBOR-linked or the Mumbai Interbank Forward Outright Rate (MIFOR)-linked financial deals.
Saturday, 13 May, 2023- Front Page
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- Retail Inflation Falls Below 5%; IIP Growth at 5-mth Low
Retail inflation eased to an 18-month low of 4.7% in April from 5.66% in the preceding month, sliding toward the Reserve Bank of India’s target 4% rate, suggesting the central bank may continue to hold policy rates at current levels for longer.
Byju’s Raises Debt of ₹2k Cr Linked to Future Aakash IPOByju’s has closed a ₹2,000-crore round from Davidson Kempner Capital in a structured credit transaction against the cash flows of its test prep subsidiary Aakash Educational Services, two people directly aware of the development told ET.
Adani-Hindenburg: Sebi may get 3 More Mths to Complete ProbeThe Supreme Court said on Friday it’s inclined to grant only three more months to the Securities and Exchange Board of India (Sebi) to complete the probe into US short-seller Hindenburg Research’s allegations against the Adani Group.
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