In a surprising turn of events, Nabard has pulled the plug on its scheduled bond sale this Friday, citing a lackluster response from investors. The rural development bank aimed to secure ₹7,000 crore but only attracted bids close to ₹3,030 crore. Analysts suggest that the borrowing costs would have ranged between 7.79% and 8.
​In a surprising turn of events, Nabard has pulled the plug on its scheduled bond sale this Friday, citing a lackluster response from investors. The rural development bank aimed to secure ₹7,000 crore but only attracted bids close to ₹3,030 crore. Analysts suggest that the borrowing costs would have ranged between 7.79% and 8. by Soban News (international And National News)
