State Bank of India raised $500 million via bonds at the tightest pricing ever for an Indian entity, capitalizing on India’s recent credit rating upgrade. The issuance, 30 bps tighter than initial guidance, highlights strong global investor appetite.
Adani Green among 2 stock recommendations for Monday
Domestic equities ended flat on Friday as MPC matched market expectations, while supportive measures announced by the RBI Governor helped strengthen the rupee.