Mon, Jan 30, 2023 7:30 PM
Digital gold shines bright! Investors looking for online gold purchases
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Shriram Finance has agreed to a 25-month bond with HSBC, which will allow them to cap their liabilities in the event of an interest rate increase after one year, while also taking advantage of any rate decreases. The bond will have a fixed 8.95% interest rate for the first 13 months and will be linked to one-year overnight indexed swaps (OIS) for the remainder of the term.
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Shriram Finance has agreed to a 25-month bond with HSBC, which will allow them to cap their liabilities in the event of an interest rate increase after one year, while also taking advantage of any rate decreases. The bond will have a fixed 8.95% interest rate for the first 13 months and will be linked to one-year overnight indexed swaps (OIS) for the remainder of the term.
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The board of Angel One Ltd has approved a fourth interim dividend of ₹9.60 per share for the FY 2022-23, causing the company's shares to rally by over 3% on Wednesday. The dividend will be paid on or before April 20, 2023 to those members whose names are listed on the Register of members or in the records of depositories as the beneficial owners of the shares as of March 31, 2023- the record date.
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