Financial Daily from THE HINDU group of publications
Wednesday, Sep 10, 2003
Financial Daily from THE HINDU group of publications Wednesday, Sep 10, 2003 |
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Money & Banking
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Govt Bonds SIDBI cuts rate on capital gains bond Our Bureau
Mumbai , Sept. 9 SMALL Industries Development Bank of India (SIDBI) has reduced the interest rate on its capital gains bond to five per cent from 5.50 per cent previously, effective from September 10. SIDBI had launched an on tap issue of these bonds on a private placement basis on May 21, 2003. Other terms and conditions of the issue would remain unchanged, said a release.
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