SBI $500 Million Bond Issue Gets Massive Response: Order Book Hits $2.46 Billion From 145 Investors

SBI

State Bank of India (SBI) has successfully raised $500 million through a Regulation S bond issue, securing strong demand from international investors and pricing the bonds at what Chairman Challa Sreenivasulu Setty described as the tightest spread among Indian public bond issuances since the Reserve Bank of India’s swap window announcement. The latest overseas fundraising … Read more

RBI MPC Meeting Begins Today: Repo Rate Likely to Stay Unchanged Amid Inflation and Global Uncertainty

Deposit

The Reserve Bank of India(RBI) has commenced its crucial three-day Monetary Policy Committee (MPC) meeting on Monday, with economists, financial institutions, and market participants widely expecting the central bank to maintain the benchmark repo rate at its current level while continuing with a cautious and data-driven monetary policy stance. The policy decision, scheduled to be … Read more