The total issue size was 100 billion rupees. "SBI's infra bond issue will see demand from insurance companies, pension and provident funds. There is a dearth of supply of high-quality papers at ...

The Reserve Bank of India set a cut-off of 8.1035 percent or 100.30 rupees on the 10-year benchmark 8.15 percent 2022 paper, lower th a n 8.1295 percent forecast in a Reuters poll. The cut-off ...

Last week, the state-backed lender raised only the base amount of around 31 billion rupees in its first perpetual bond issue for fiscal 2024 as investors sought higher returns than the bank was ...