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Investors who bet on a rebound in the $275 billion loss-absorbing bank debt market following a shock Swiss decision in March to write off such bonds issued by Credit Suisse are sitting on some of the...
31 July - ESG: The European Commission adopted a Commission Delegated Regulation, setting out the first set of European Sustainability Reporting Standards (“ESRS”),...
The underwhelming performance of SBI’s AT1 bond issue is perhaps indicative of the new normal for subordinated bonds issued by banks and financial institutions. Banks may have to significantly increase the premium offered on these bonds, given the uncertainties associated with the loss absorption hierarchies
(This story has not been edited by THE WEEK and is auto-generated from a PTI
Get latest articles and stories on Business at LatestLY. Mumbai (Maharashtra) [India], August 4: IndusInd Bank and Tiger Fintech - a Bajaj Capital Group company, today announced the launch of the IndusInd Bank Tiger Credit Card, a co-branded credit card powered by Visa. With this launch, customers will get access to best-in-class credit card to meet their lifestyle needs. Business News | IndusInd Bank Partners with Tiger Fintech (A Bajaj Capital Group Company) to Launch a Co-branded Credit Card.