On 4 March, Small Industries Development Bank of India (Sidbi), among the frequent borrowers in India’s debt market, withdrew its plans to raise up to ₹8,000 crore through bonds maturing in July 2029. Earlier on 20 February, the National Bank for Financing Infrastructure and Development, also called as NaBFID, had cancelled the sale of the March 2029 bond issue of up to ₹5,000 crore because of high bids.
