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State-owned entities line up to tap bond market after rate decision
Business Standard
|February 07, 2025
Major state-owned entities including State Industries Development Bank of India (Sidbi), REC Ltd, Housing and Urban Development Corporation (Hudco), and Indian Infrastructure Finance Company Ltd. (IIFCL) are looking to tap the domestic debt capital market to raise as much as ₹14,000 crore through bonds.
Interestingly, these state-owned entities are planning to tap the market shortly after the monetary policy committee's (MPC's) decision on the policy rate.
Dit verhaal komt uit de February 07, 2025-editie van Business Standard.
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