The company has allotted a day, October 17, for anchor investors to bid.
In the two years leading up to March 2023, ONGC, India's largest oil and gas producer, posted a cumulative profit of about Rs 80,000 crore. It currently has no net debt.
In a stock market announcement, the bank stated that it would work closely with the RBI to address their concerns as soon as possible.
Brent crude had risen 12 cents to $87.77 per barrel. WTI crude for the United States increased by 3 cents to $86.00 a barrel.
RBI forward looking surveys in September show optimism on growth, inflation and also on credit offtake.
Following a Tuesday high of $1,860.97 per ounce, spot gold was up 0.1%. American gold futures remained steady at $1,874.50.
The claim was initially brought against bankrupt Essar Steel India
Petrol and Diesel prices in cities across India on 11-10-2023
Numerous Fed officials have hinted recently that the need for the American central bank to tighten monetary policy may not be as great as first believed.
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