in

Indian state-run firms line up $2 bln bond sales as central bank cuts interest rate

Indian state-run companies are set to borrow nearly $2 billion via the bond market early next week after the central bank cut interest rates for the first time in nearly five years.

Four state-run firms REC, IIFCL, HUDCO and SIDBI are looking to raise a total of up to 170 billion rupees ($1.94…

Read More

What do you think?

Written by pulseadmin

Leave a Reply

Your email address will not be published. Required fields are marked *

GIPHY App Key not set. Please check settings

Gainers & Losers: Bharti Hexacom, NCC among top market movers on Friday

Profit Slips By A Third, Margin Contracts