Real GDP growth is estimated at 6.4% in FY25 after robust 8.2% growth last year #RBIPolicy #SanjayMalhotra

India's National Bank for Financing Infrastructure and Development is getting ready to provide partial credit enhancement to half a dozen lower-rated infrastructure companies in line with a new government policy. ifre.com/story/5100658/… @IFRAsia #NaBFID #Credit #Gaurantee

Indian infra trusts sell SLBs ifre.com/story/5133456/… #CubeHighwaysTrust #NDRInvITTrust #Bonds #SLBs #ESG

Vedanta Limited received creditor and shareholder approval on February 18 for a five-way demerger plan, on the same day it raised Rs26bn (US$299m) from dual-tranche bonds ifre.com/story/5132474/… #India #Vedanta #bonds #demerger

Indian tollway project bond debuts ifre.com/story/5148240/… #Varanasi #Aurangabad #Tollway #India #Bonds #USD #dollar #Roadies #PSP #Canadianpensionfund

RBI provides relief to NBFCs ifre.com/story/5148337/… #NBFCs #riskweights #India #relief #capital #credit #banks #spreads #liquidity #India #RBI #reverse #rules

Indian state-owned companies rushed to print jumbo bonds last week ahead of the March 31 financial year-end, but fell short of their targets because of a glut of supply and widening spreads over government securities ifre.com/story/5149258/… #Nabard #Sidbi #PFC #REC #IREDA #PSUs

Adani Green Energy refinances US$1.06bn facility with long-term debt from PFC ifre.com/story/5154926/…

India has launched #OperationSindoor, a precise and restrained response to the barbaric #PahalgamTerrorAttack that claimed 26 lives, including one Nepali citizen. Focused strikes were carried out on nine #terrorist infrastructure sites in Pakistan and Pakistan-occupied Jammu and

India strikes Pakistan over Kashmir tourist killings reuters.com/world/asia-pac…

Jio Finance, a unit of Mukesh Ambani's conglomerate Reliance Industries, tested the rupee market with a debut bond deal, paving way for more such offerings from the new non-banking financial company as it aims to grab market share. ifre.com/bonds/2259094/… #JioFinance #Debut

Sumitomo Mitsui Banking Corporation’s acquisition of a 20% stake in Yes Bank deepens its presence in India and analysts expect it to herald more interest in the country's financial sector from Japanese banks ifre.com/people-and-mar… #SMBC #YesBank #India #Japanesebanks #Growth

Indian conglomerate Shapoorji Pallonji Group has signed a private credit offering of close to Rs298bn (US$3.5bn) – the largest such deal in any emerging market, according to market sources. ifre.com/bonds/2259374/… #SPGroup #India #Record #PrivateCredit

SP Group faces ticking clock ifre.com/bonds/2265980/… #RBI #Extension #Timeline #Coupon #Stepup #HY #Private #Bonds #Risk #Reward

Large Indian corporates are lining up bond offerings as the rally continues in the rupee market after the Reserve Bank of India said it would pay a bumper dividend to the government, boosting liquidity in the financial system. ifre.com/bonds/2265997/…

Adani Group's Mumbai International Airport has raised US$750m from a private placement of bonds to funds managed by Apollo, affiliates and other long-term investors to refinance debt. ifre.com/bonds/2277590/…

A handful of big-ticket domestic M&A deals in India are set to add to a wave of issuance of rupee-denominated bonds, with financings totalling up to Rs315bn (US$3.68bn) expected to hit the market in the coming weeks. ifre.com/bonds/2285155/…

Adani unit closes public issue early ifre.com/bonds/2285124/…

India’s Manipal Hospitals is in talks with banks for debt financing of up to Rs50bn-equivalent (US$583m) to support its acquisition of a majority stake in Sahyadri Hospitals Group ifre.com/loans/2285577/…

Adani Ports and Special Economic Zone is planning to raise a US$100m bilateral loan from MUFG to buy back US dollar bonds, according to a source familiar with the matter. ifre.com/loans/2284784/…