The lender will offer interest rates between 8.65% and 9.25%, depending upon maturity. Both Crisil and India Ratings have rated the bonds as “AA/stable”, indicating high degree of safety regarding timely servicing of financial obligations.
Brent slides over 3%, hits lowest level since 2021
Oil prices plummeted to their lowest levels since 2021 due to new U.S. tariffs announced by President Trump and increased output by OPEC+. Brent and