🧒 “Why did Indian Oil and Power Finance cancel their bond plans?”

Alright buddy, let me break this down for you like a story you’d tell your best friend.

Imagine you want to build a cool treehouse, and for that, you need money. You go to your friends and say, “Hey, lend me ₹100, and I’ll give you ₹110 later!” That ₹10 is a thank-you gift — the extra money you’ll pay them for helping you.

Now picture Indian Oil Corporation (IOC) and Power Finance Corporation (PFC) as two big kids doing the same thing. They said to the market (their group of investor friends),
“Hey! We need some money. Lend us ₹3,000 crore and we’ll pay you back with some extra.”

Guess what? Tons of people came running to lend — so many offers came in that they had almost three times the money they asked for!

But here’s where things got tricky…
Those investors were saying, “Sure we’ll give you the money, but we want a lot of extra in return.”
Like saying, “We’ll lend ₹100, but we want ₹120 back.”

IOC and PFC thought:
“Wait, that’s too much extra to pay. Why don’t we just wait a little? Maybe next week the mood will be better and people will lend at cheaper rates.”

So they said: “Thanks, but no thanks — we’ll come back later.”

💸 Why does this matter?

Well, the Reserve Bank of India (RBI) recently did something awesome.
They cut interest rates and released more money into the market. It’s like saying, “Hey everyone! There’s more money to go around, and it should be cheaper to borrow now.”

But sometimes people — even investors — don’t change their minds that fast. So for now, they're still asking for big returns.

🧠 What can we learn?

IOC and PFC are not in trouble — they’re being smart and patient.
They're waiting for the right moment to borrow money more cheaply.
Just like you would wait for your favorite shoes to go on sale, these companies are waiting for a better deal.