Business Standard

Banks to roll over IDBI, IFCI bonds

Image

Anindita Dey Mumbai
 These bonds, after being rolled over, will no longer enjoy SLR status. On maturity, they will be redeemed at the prevailing market yields of government securities of comparable maturities.

 These bonds are not eligible to be traded in the secondary market and will have to be carried in the banks

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jul 23 2003 | 12:00 AM IST

Explore News