The government has no plan to reduce withholding tax for foreign investors on government bonds as demand for these bonds are strong, a senior finance ministry official said on Thursday.

However, the

State Bank of India plans to raise at least $500 million through a five-year overseas bond sale as soon as July, two sources with direct knowledge said, potentially reopening the dollar bond market fo

India took a handful of measures to prop up the embattled rupee on Monday, including increasing the limit on foreign investment in government bonds by $5 billion to $20 billion, the RBI said.

Also, t

Global agency Moody's on Monday said it is reviewing rating of state-owned LIC for a possible downgrade over its huge exposure to government bonds.

"Moody's has placed the insurance financial streng

India has raised the ceiling on foreign institutional investment in government and corporate bonds by $5 billion each, a finance ministry official said on Thursday, to help boost foreign inflows after

New Delhi, July 23: Amid market turbulence and volatility, India's largest lender State Bank of India has raised USD 1 billion (about Rs 4,700 crore) through bonds from the US market, paving way for o