PSUs to Float $1b Masala Bonds to Fund Re­new­able En­ergy Plans

The Economic Times - - Front Page -

Pub­lic sec­tor com­pa­nies, in­clud­ing NTPC, PFC and REC are likely to float ru­pee-de­nom­i­nated debt in­stru­ments, or masala bonds, in the UK to raise $1bil­lion to fund re­new­able en­ergy plans.

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