• As on ,
  • All Prices are in INR

Nifty Banking & PSU Bond Indices seek to measure the performance of Banking and PSU Bonds across 6 duration buckets (Macaulay Duration) and one aggregate index tracking aggregated performance across duration buckets. Further, based on the credit risk profiles for each of the seven Banking & PSU Bond indices, there are three variants – A, B, and C.


  • The indices have a base date of 03rd September, 2001 and a base value of 1000
  • Most liquid bonds of issuers issued by Banks and Public Sector Undertaking having credit rating of “A- “and above are shortlisted to be the part of the index
  • Based on a well-defined, market relevant and rules-based framework, the indices are transparent and objective indicator of corporate bond market performance
  • The indices are rebalanced and reconstituted on quarterly basis

List of Indices: