Eerie March for bond market as war shakes top issuers
On 4 March, Small Industries Development Bank of India (SIDBI), among the frequent borrowers in India’s debt market, withdrew its plans to raise up to ₹8,000 crore through bonds maturing in July 2029. Earlier on 20 February, the National Bank for Financing Infrastructure and Development, also called as NaBFID, had canceled the sale of the…