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The company offered green bonds maturing in three years and one month marking the first such offering by any real estate investment trust (REIT) in India, the bankers said.

“SVB was one of the main banks holding all the deposits of Venture Capital, hence all their deposits got locked.”

“SVB was one of the main banks holding all the deposits of Venture Capital, hence all their deposits got locked.”

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3.73 lakh shares of Divgi TorqTransfer were sold through a block deal for about Rs 22 crore

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3.73 lakh shares of Divgi TorqTransfer were sold through a block deal for about Rs 22 crore

8-U.S. banks shake off immediate SVB contagion fears

Updated at : 2023-03-14 21:20:03

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Worries about contagion risks from the collapse of the two U.S. banks had compounded investor concerns about the impact on lenders of rising interest rates, hitting bank shares in Asia and Europe as investors re-examined their risks.

8-U.S. banks shake off immediate SVB contagion fears

Updated at : 2023-03-14 21:20:03

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Worries about contagion risks from the collapse of the two U.S. banks had compounded investor concerns about the impact on lenders of rising interest rates, hitting bank shares in Asia and Europe as investors re-examined their risks.

At the open, the Dow Jones Industrial Average rose 236.15 points, or 0.74%

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Prices of fed funds futures reflected about a 90% chance of a quarter-percentage point rate hike this month with about a 10% chance seen of no change. The current target range is 4.5%-4.75%

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​​Regional bank stocks bounced back sharply, recovering some of their plunges from a day earlier caused by worries that customers could yank out their cash in the wake of two bank failures. Treasury yields rose sharply, trimming some of their historic drops from Monday. The Dow Jones Industrial Average and the Nasdaq composite also rose.

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