POLL — India RBI likely to set underwriting fee in 0.50 — 0.85 paisa band

MUMBAI, Sept 18 (Reuters) — The Indian government aims to raise at least 280 billion rupees ($2.92 billion) through the sale of bonds on Friday. The Reserve Bank of India will likely set underwriting commission for these notes in the 0.50 paisa to 0.85 paisa range, according to a Reuters poll of nine traders. Note Quantum (in bln Median Min Max rupees) 7.06% 2041 170 0.50 paisa 0.35 paisa 0.65 paisa 7.43% 2076 110 0.85 paisa 0.70 paisa 1.00 paisa ($1 = 95.9300 Indian rupees) (Reporting by Dharamraj Dhutia; Editing by Nivedita Bhattacharjee) ((Dharamraj.dhutia@tr.com)