Shadow Lender Cholamandalam to Sell Largest India Perpetual Bonds by a Non-Bank
Cholamandalam Investment and Finance Co., one of India’s biggest shadow lenders, plans to raise as much as 20 billion rupees ($209 million) through the issuance of perpetual bonds, according.
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EU Moves to Support Ukraine Grain Exports and Shield Farmers
The European Union is looking “at all possible lanes” to support grain exports from Ukraine and is working to blunt the financial impact of extreme weather on farmers as part of a responsibility to safeguard global…
India Raises Record $127 Billion in Forex Deposits From Diaspora
India garnered a record of about $127 billion in foreign-currency inflows from its 35-million-strong diaspora since June through a special dollar-swap window, giving policymakers a bigger cushion to support the rupee…