SBI aims to raise up to Rs 10,000 crore via bond sale https://ift.tt/klRde48, the coupon rates – or interest paid to investors – for SBI’s bonds are the lowest in the banking sector, as the lender witnesses firm demand for its debt offerings, given its government ownership and status as the country’s largest bank
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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