Select Page

The Bank of Maharashtra has announced plans to issue bonds, with market insiders citing interest from several financial institutions, according to reports from TradingView News.

India’s Bank of Maharashtra, a state-run lender, has accepted bids worth 16.12 billion rupees ($185.7 million) for its infrastructure bonds maturing in 10 years. The bonds will pay an annual coupon of 7.70% to the investors. The bank received coupon and...