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HDFC bonds can't retain infra tag after merger: RBI

CFO News

"The RBI has communicated to HDFC Bank that there is a technical hurdle in giving the infrastructure tag to bonds issued by the former HDFC Ltd because those were issued by an NBFC (non-banking finance company) and norms for treatment of bonds are different for banks and NBFCs," a person close to the development told ET.

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10 Tuesday AM Reads

Barry Ritholtz

Vox ) • Investors Are Hungry for Risk—and Holding Record Cash Sums : Some analysts see the investor balances in money-market funds as a bullish sign for stocks and bonds. It’s a good time to be a worker and a bad time to be a consumer — the problem is most people are both. ( I found their families. (

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Russia in Ukraine: Let Loose the Dogs of War!

CFO News Room

In this section, I will begin by looking at the bond market effects and then move on to equities and other asset classes, starting by looking at the localized reaction (for Ukranian and Russian securities) and then the global ripple effects. Bond Markets and Default Risk. Equity Markets and Equity Risk Premiums.

Economics 130
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10 Monday AM Reads

Barry Ritholtz

Barron’s ) • Why It’s So Hard for China to Shake the ‘Uninvestable’ Tag : In 2021, Goldman Sachs said the word was starting to feature in a number of client conversations about the country’s stocks. Venture-capital investments are plunging, along with valuations of prepublic companies. A Wealth of Common Sense ) • On Wall St.,

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NCR’s Cardtronics Bid – And The Rise Of Self-Service Banking At The ATM 

PYMNTS

As noted in this space over the weekend, there already exists a preliminary agreement between Cardtronics and the investment firms, but the higher price tag offered by NCR will likely spark a re-examination of a deal. Brown said. “So So we led with technology.” Banks, he noted, are increasingly having to embrace a digital-first experience.

Banking 57
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Russia in Ukraine: Let Loose the Dogs of War!

Musings on Markets

In this section, I will begin by looking at the bond market effects and then move on to equities and other asset classes, starting by looking at the localized reaction (for Ukranian and Russian securities) and then the global ripple effects.

Economics 100
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PodChats for FutureCFO: Why CFOs need to drive ESG initiatives

Future CFO

Big price tags and longer timelines. He suggests that having good governance and good ESG performance can also help you attract investors and even get access to new sources of financing like green bonds or sustainability-linked loans. Should companies integrate their ESG reporting with their financial reporting?

CFO 98