SBI plans to raise $750 million via overseas bond issues https://ift.tt/chXwjPp bond sale, part of the broader capital-enhancement exercise at the country's most-valued government asset, could open as early as next week, coinciding with the start of the two-month-long autumnal festive season during which demand for retail credit is the highest in Asia's third-biggest economy.
Government's cash surplus tops Rs 3.4 lakh crore https://ift.tt/54P3HSG from the deceleration in government spending, higher direct tax collections and a likely sharp rise in issuances of Treasury Bills by the Centre in FY24 were factors pushing up the government's cash balances, analysts said. The flow of government cash balances to and from the banking system is a key factor that influences liquidity conditions.
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