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News 2026-09-25 07:28 UTC

SIDBI withdraws over 3-year bond issue, bankers say

The Small Industries Development Bank of India (SIDBI) scrapped a planned 60-billion-rupee ($625.98 million) three-year bond sale on Friday after investors demanded higher-than-expected yields, three bankers said on Friday.The financial institution had sought coupon and commitment bids earlier in t…