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News 2026-09-28 08:14 UTC

Sagarmala withdraws India's first blue bond issue, sources say

Sagarmala Finance Corporation, India's first maritime lender, withdrew its planned 6 billion rupee ($62.53 million) fundraise through the sale of the country's maiden blue bonds with a 10-year maturity after bids came in at yields it was unwilling to accept, two merchant bankers and a company offic…