POLL — India's central bank likely to set underwriting fee around 0.50 paisa

MUMBAI, Oct 16 (Reuters) — The Indian government aims to raise at least 340 billion rupees ($3.58 billion) through the sale of benchmark bond on Friday. The Reserve Bank of India will likely set underwriting commission for this note around 0.50 paisa, according to a Reuters poll of nine traders. Note Quantum (in bln Median Min Max rupees) 6.94% 2036 340 0.50 paisa 0.38 paisa 0.70 paisa ($1 = 95.0550 Indian rupees) (Reporting by Dharamraj Dhutia; Editing by Subhranshu Sahu) ((Dharamraj.dhutia@tr.com)