In a move to deepen the bond market, the Securities and Exchange Board of India (SEBI) has introduced sops for large corporates (LCs), which have raised more than the mandated share of 25% of their qualified borrowing through the bond route. SEBI has also provided a framework from FY25 onwards. Firms will need to meet the borrowing quota over a contiguous period of three years. At the end of three years (last day of T+2 year), if there is a surplus of borrowings at over 25%, the firms will have the following advantages. One, there will be a reduction in the annual listing fee between 2% to 10% at the end of T+2. Two, the contribution to the Core Settlement Fund (CSF) will go down from 0.01% to 0.05%. The reduction in the fee will depend on meeting the norms between 0-15% and 75%. In case of a shortfall, the additional contribution for a shortfall will range from 0.015% to 0.055% between 0-15% and 75%. Similarly, there will be an additional method to increase the CSF.
Sumit spends 30% of his salary on food items and 30% of the remaining amount on electricity bill. If Sumit saves Rs. 29400, what is his total salary?
A scored 20% more than B. If both score 4 marks more than the sum of the marks scored by A and B together would have been 20% more than the passing mar...
Monthly income of A is Rs. 50000 out of which he spent 25%, 12% and 22% of his total income in rent, medicine and transportation, respectively. Find his...
After increase in the price of coffee by 25%, a person is able to buy 4 kg less for Rs. 1,640. Find the original and increased price of the coffee per k...
Ramesh bought 900 marbles from a shop out of which 25% marbles were broken. 40% of non broken marbles are of red colour. Calculate total number of red c...
A person saves 20% of his monthly earnings. If his monthly earnings increase by 70%, then by how much percent should he increase his monthly expenditure...
A chair is sold for Rs 720 after giving a discount of 10% on its marked price. The cost price of the chair is Rs 640. If it is sold at the marked price,...
Virat allocates his income as follows: he spends 35% on rent and 25% on groceries. From the amount he has left, he donates 25% and saves the remainder. ...
A man invested all his current month income in starting of a new business in which he spends 40% in advertisement 30% of remaining in furniture 20% of r...
The monthly incomes of persons A and B are ₹4800 and ₹6400, respectively, while their monthly expenditures are ₹3600 and ₹5400. What is the rati...