VERIFIEDMint Companies·2 Oct 2026neutral

SBI leads demand, snaps up 40% of Reliance Industries’ ₹13,000 crore bond issue

AI Summary

·SBI is estimated to have purchased bonds worth nearly 50 billion rupees.
·This purchase represents approximately 40% of Reliance Industries’ ₹13,000 crore bond issue.
·The bonds were rated ‘AAA’ and carried an annual coupon of 7.90%.