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SIDBI's Enchanted Withdrawal: A Bond Adventure Unfolds

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SIDBI's Enchanted Withdrawal: A Bond Adventure Unfolds

In a spellbinding twist, SIDBI, the enchanted bank, withdrew its ₹6,000 crore bond incantation on a fateful Thursday! Investors, like eager wizards, sought higher yields as bids soared to ₹7,333.5 crore, casting uncertainty in the market. Wise Venkatakrishnan warned of the looming October policy, where liquidity's fate hangs like a wand in the balance. Will they charm the market or face a spell of doom? Only time will tell!