Today's Sector News – 02.05.2019
* BANKING: Non-food credit growth in the banking system rose to 12.3% on year in March from 8.4% a year ago.
-Four Indian companies raised a total of 38.13 bln rupees through Masala bonds, or rupee-denominated bonds issued overseas, in March, according to data on the Reserve Bank of India's website.
-Indian companies raised $12.18 bln through external commercial borrowings in March, sharply higher than $2.81 bln raised in February, according to data released by the Reserve Bank of India.
* COMMODITY: The Centre may set the sugar sale quota for May at 2.1 mln tn, higher than the quota of 1.8 mln tn for April.
* EXCHANGE: National Stock Exchange of India Ltd clarified that restrictions imposed on it by the
Securities and Exchange Board of India on Tuesday, will have no impact on its role as a stock exchange.
* FINANCE: The government-appointed board of Infrastructure Leasing & Financial Services has proposed punitive action against Deloitte Haskins & Sells and BSR & Co, part of the KPMG network.
* FUNDS: IL&FS Mutual Fund made on-time redemption for its maiden infrastructure debt fund, IL&FS Infrastructure Debt Fund Series 1-A (IDF Scheme A).
* REGULATORY: National Stock Exchange of India today clarified that restrictions imposed on it by the Securities and Exchange Board of India on Tuesday, will have no impact on its role as a stock exchange.
* STEEL: Global steel production rose 4.9% on year to 155 mln tn in March, according to data released by the World Steel Association.
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-Four Indian companies raised a total of 38.13 bln rupees through Masala bonds, or rupee-denominated bonds issued overseas, in March, according to data on the Reserve Bank of India's website.
-Indian companies raised $12.18 bln through external commercial borrowings in March, sharply higher than $2.81 bln raised in February, according to data released by the Reserve Bank of India.
* COMMODITY: The Centre may set the sugar sale quota for May at 2.1 mln tn, higher than the quota of 1.8 mln tn for April.
* EXCHANGE: National Stock Exchange of India Ltd clarified that restrictions imposed on it by the
Securities and Exchange Board of India on Tuesday, will have no impact on its role as a stock exchange.
* FINANCE: The government-appointed board of Infrastructure Leasing & Financial Services has proposed punitive action against Deloitte Haskins & Sells and BSR & Co, part of the KPMG network.
* FUNDS: IL&FS Mutual Fund made on-time redemption for its maiden infrastructure debt fund, IL&FS Infrastructure Debt Fund Series 1-A (IDF Scheme A).
* REGULATORY: National Stock Exchange of India today clarified that restrictions imposed on it by the Securities and Exchange Board of India on Tuesday, will have no impact on its role as a stock exchange.
* STEEL: Global steel production rose 4.9% on year to 155 mln tn in March, according to data released by the World Steel Association.
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