PFC, Nabard scrap ₹10,000 crore bond issues as auction yields exceed expectations.

PFC, Nabard scrap ₹10,000 crore bond issues as auction yields exceed expectations.

India's key state-owned financiers, PFC and Nabard, ditch ₹10,000 crore bond plans, finding current market borrowing costs prohibitively expensive.

India's key state-owned financiers, PFC and Nabard, ditch ₹10,000 crore bond plans, finding current market borrowing costs prohibitively expensive.

Issuers PFC and Nabard halt ₹10,000 crore bond sales now, strategically awaiting December 5 RBI meeting for potentially lower interest rates.

Issuers PFC and Nabard halt ₹10,000 crore bond sales now, strategically awaiting December 5 RBI meeting for potentially lower interest rates.

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