RIL's 12,000-crore Bondraise on Track; Sagarmala Fin Scraps Issue

Rozebud Gonsalves Mumbai: Reliance Industries is going ahead with its 12,000-crore, 10-year bond issue on Wednesday, even as state-owned Sagarmala Finance scrapped its 600 crore bond sale amid low participation and higher-than-expected borrowing costs.This was Sagarmala Finance's first bond issue…