NHB is set to issue three-year non-convertible debentures (NCD) maturing in July 2026 with a base size of ₹500 crore with a green shoe option of ₹1,500 crore, sources aware of the development said. Bidding for the bonds will likely take place on May 24.
US stocks: US market falls as hot inflation, hawkish Fed fuel rate-hike fears
US stocks closed lower after hotter-than-expected inflation data strengthened expectations of a December Federal Reserve rate hike and raised the possibility of more aggressive tightening.