The Reserve Bank of India is expected to maintain a wait-and-watch stance and keep the repo rate at 5.25% amid easing global tensions. Policymakers will monitor monsoon progress, inflation trends and crude oil prices before making future policy decisions
"The bonds will be listed on SGX-ST and India INX. The issuance represented SBI's return to the international public bond markets after a gap of close to 2 years," the statement said.