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India bonds jump on Mideast peace proposal, 10-year yield slides most in 15 weeks
MUMBAI: Indian bonds surged on Monday, with the 10-year yield falling the most in nearly 15 weeks, on hopes of an end to the Middle East war after the U.S. and Iran received the framework for a plan to end their five-week-old conflict. U.S. President Donald Trump had earlier threatened to unleash “hell” on Tehran unless it agrees by the end of Tuesday to a deal that would allow traffic to resume through the critical energy chokepoint. Iran has ruled out any immediate reopening of the Strait of Hormuz. India’s benchmark 6.48% 2035 bond yield eased about 9 basis points to 7.0458%, its biggest single-day drop since December 24. The yield fell for the first time after advancing for the previous 12 sessions. Bond yields move inversely to prices. The market also cheered likely purchases by the Reserve Bank of India last week and a slimmer-than-expected state borrowing calendar. Clearing house data showed a cohort of investors that includes the RBI and other long-term investors net bought 96 billion rupees ($1.03 billion) of bonds on Thursday.
India bonds jump on Mideast peace proposal, 10-year yield slides most in 15 weeks
MUMBAI: Indian bonds surged on Monday, with the 10-year yield falling the most in nearly 15 weeks, on hopes of an end to the Middle East war after the U.S. and Iran received the framework for a plan to end their five-week-old conflict. U.S. President Donald Trump had earlier threatened to unleash “hell” on Tehran unless it agrees by the end of Tuesday to a deal that would allow traffic to resume through the critical energy chokepoint. Iran has ruled out any immediate reopening of the Strait of Hormuz. India’s benchmark 6.48% 2035 bond yield eased about 9 basis points to 7.0458%, its biggest single-day drop since December 24. The yield fell for the first time after advancing for the previous 12 sessions. Bond yields move inversely to prices. The market also cheered likely purchases by the Reserve Bank of India last week and a slimmer-than-expected state borrowing calendar. Clearing house data showed a cohort of investors that includes the RBI and other long-term investors net bought 96 billion rupees ($1.03 billion) of bonds on Thursday.
Khammam police arrests three bank employees in Rs 547 crore cyber fraud case
Police arrested three CSB Bank employees in connection with a Rs 547 crore cyber fraud case in Khammam. The accused allegedly aided the main offender, while efforts are on to trace other absconding suspects involved in the case
Khammam police arrests three bank employees in Rs 547 crore cyber fraud case
Police arrested three CSB Bank employees in connection with a Rs 547 crore cyber fraud case in Khammam. The accused allegedly aided the main offender, while efforts are on to trace other absconding suspects involved in the case
VinFast India Partners with CSB Bank to Deliver Comprehensive EV Financing Solutions
Gurugram (Haryana) [India], March 24: VinFast Auto India, a subsidiary of global EV brand VinFast, has signed a Memorandum of Understanding (MoU) with CSB Bank, India's oldest private sector bank, to provide auto and inventory financing for its exclusive dealer network. The partnership aims to deliver a comprehensive and convenient suite of credit solutions for potential customers of the premium electric SUVs VF 6 and VF 7, supporting VinFast's growth strategy in the world's third-largest automotive market.
VinFast India Partners with CSB Bank to Deliver Comprehensive EV Financing Solutions
Gurugram (Haryana) [India], March 24: VinFast Auto India, a subsidiary of global EV brand VinFast, has signed a Memorandum of Understanding (MoU) with CSB Bank, India's oldest private sector bank, to provide auto and inventory financing for its exclusive dealer network. The partnership aims to deliver a comprehensive and convenient suite of credit solutions for potential customers of the premium electric SUVs VF 6 and VF 7, supporting VinFast's growth strategy in the world's third-largest automotive market.
VinFast Auto India partners with CSB Bank for EV financing
VinFast Auto India has partnered with CSB Bank to offer auto and inventory financing for its dealer network and customers. The tie-up will provide credit solutions for buyers of its electric SUVs, VF 6 and VF 7, and support dealer operations as the company expands in India.
VinFast Auto India partners with CSB Bank for EV financing
VinFast Auto India has partnered with CSB Bank to offer auto and inventory financing for its dealer network and customers. The tie-up will provide credit solutions for buyers of its electric SUVs, VF 6 and VF 7, and support dealer operations as the company expands in India.
CSB Bank Transfers 34,000 ESOP Shares to Employees
An announcement from CSB Bank Ltd. ( ($IN:CSBBANK) ) is now available. CSB Bank Ltd., a private-sector lender based in Thrissur and listed on BSE a...
CSB Bank Transfers 34,000 ESOP Shares to Employees
An announcement from CSB Bank Ltd. ( ($IN:CSBBANK) ) is now available. CSB Bank Ltd., a private-sector lender based in Thrissur and listed on BSE a...
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