The bonds were sold to investors at a final price of 92 basis points above the three-year US treasury, which was trading at 4.47% on Tuesday, meaning an effective rate of 5.39% for the lender, people familiar with the issue said.
Midcap, smallcap valuations still overpriced despite recent correction: Shibani Sircar Kurian
The private sector banks, particularly large-cap ones, appear to have valuations that accommodate current headwinds. Large-caps offer attractive investment opportunities compared to mid-caps and small-caps,
January 15, 2025