State Bank of India (SBI) has decided to delay its plans to raise 150 billion rupees ($1.7 billion) through bond sales this fiscal year due to persistently high bond yields, despite a recent rate cut and liquidity boost from the central bank. The bank had initially planned to issue the bonds by March but will now wait until the next financial year starting in April.
from Banking/Finance-Industry-Economic Times https://ift.tt/tBVHgUC
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