NSE facilitates primary subscription for retail investors in State Development Loan auctions

The interest on SDL is received at half-yearly intervals and the principal is repaid on the maturity date.

from Wealth-Economic Times https://economictimes.indiatimes.com/wealth/personal-finance-news/nse-facilitates-primary-subscription-for-retail-investors-in-state-development-loan-auctions/articleshow/72120739.cms