Indian Inc. pulls back ₹94,500 crore in bond issuances as investor yield demands clash with issuers' pricing, with NABARD, PFC, SIDBI and IOC among the biggest withdrawals
Market participants said demand was thin at the lower coupons that Nabard would have preferred, with barely ₹1,126.5 crore bid up to the 7.43 per cent mark
Nabard will work on a viability plan for 22 regional rural banks in the next six months to address issues of capital adequacy, business growth and human resources