Diabytes
Bank bonds News
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The decisions were taken as part of the RBI`s policy meeting on Wednesday, with the central bank keeping the repo rate on hold at 6 percent as widely expected, after cutting it by 25 basis points at its last policy meeting in August.
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ICICI Bank Wednesday said it will this month-end redeem bonds worth USD 340 million, issued by its Bahrain branch in 2006.
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Reserve Bank of India (RBI) Governor Raghuram Rajan said on Monday the central bank holds government bonds worth 8 trillion rupees ($120.54 billion) alongside record-high foreign exchange reserves
In order to fund its business growth, state-owned IDBI Bank Wednesday said it plans to raise Rs 20,000 crore through bond issuance in more than one tranches from domestic market next fiscal.
The overseas debt raising by domestic companies has picked up again with country's third largest private sector lender Axis Bank Tuesday raising USD 500 million in a 5.5-year dollar-money at 3.25 percent coupon payment.
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