Nabard cancels Rs 8,000 cr bond issue on high-yield bids

Nabard rejected its ₹8,000-crore bond issue on Tuesday after investors sought yields above 7.60%. The lender planned to borrow at lower rates, but market caution grew due to geopolitical worries. "Fund deployment has become selective as institutions prefer to wait for greater clarity," said expert Venkatakrishnan Srinivasan regarding the current situation.