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Updated: Share Article AAA Tamil Nadu has so far raised ₹9,000 crore for fiscal 2021-2022 through market borrowings, according to data from Reserve Bank of India. The state has indicated that it plans to borrow ₹23,450 crore during the first quarter of this fiscal (April-June 2021). This is less than the ₹28,000 crore borrowed in the first quarter of fiscal 2020-21. However, amid intense lockdowns to fight the second wave of COVID-19, states including Tamil Nadu have to borrow more, according to rating firms. Tamil Nadu has been raising money through the issue of bonds, known as State ...

It plans to borrow ₹23,450 cr. in Q1 Tamil Nadu has so far raised ₹9,000 crore during the fiscal 2021-22 through market borrowings, according to data from the Reserve Bank of India. The State has indicated that it plans to borrow ₹23,450 crore in the first quarter of this fiscal (April-June 2021). This is less than the ₹28,000 crore it had borrowed in the same period of 2020-21. However, amid intense lockdowns to fight the second wave of COVID-19, States, including Tamil Nadu, have to borrow more, rating agencies say. Tamil Nadu has been raising money through the issue of bonds, know...

The Covid-19 pandemic took a toll on credit growth of all scheduled banks in FY21. These banks reported slower 5.54 per cent year-on-year (yoy) growth against 6.55 per cent growth in FY20, as per Rese

Pillars of retail G-Sec market Key reform India is the third country to allow retail participation in government securities market Key reform India is the third country to allow retail participation in government securities market× Creating a conducive and investor-friendly environment is key to enhancing retail investment in G-Secs In the Union Budget for FY 2021-22, the government proposed to consolidate various statutory Acts, namely the Securities Exchange Board of India (SEBI) Act, 1992, and the Government Securities Act 2007, etc. into a rationalised single securities markets code. Co...

Edelweiss Mutual Fund Launches Edelweiss NIFTY PSU Bond Plus SDL Index Fund - 2026 NFO on March 10, 2021 Posted On: 2021-03-08 06:02:27 (Time Zone: Arizona, USA) Edelweiss Asset Management Company Limited, one of India's fastest growing AMCs, announced the launch of Edelweiss NIFTY PSU Bond Plus SDL Index Fund - 2026 today. Passively managed, this first of its kind index fund will invest in AAA rated PSU Bonds as well as State Development Loans (SDL). Key Highlights of the Edelweiss NIFTY PSU Bond Plus SDL Index Fund - 2026: - India's first target-maturity, debt-index fund - Will invest ...