IDBI Flexibond-IV rakes in Rs 1,200 crore
Term-lending institution Industrial Development Bank of India (IDBI) has mopped up about Rs 1,200 crore through its Flexibond-IV issue, which closed on Saturday. This figure is 33.3 per cent higher than the Flexibond-III mopup of Rs 900 crore two months ago.

Unit Trust picks up Reliance's Rs 300cr non-convertible debenture issue in full
Unit Trust of India (UTI) has picked up the entire chunk of Reliance Industries (RIL)'s Rs 300-crore NCD issue. The issue -- comprising three papers having tenures of 10 years, 15 years and 20 years -- was privately placed with the mutual-fund major in September before the US-64 controversy rocked the market.

Federal rate cuts help Skindia Index to firm up
The federal rate cuts on Friday provided the much-needed support to the GDR market indices which were drifting southward on account of the US-64 fear. The week ended October 15 saw the Skindia GDR Index close at 530.56 points.

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