What is the News? Power Finance Corporation Ltd (PFC), the leading NBFC in the power sector, has issued its maiden Euro Green Bond. What is a Euro Green Bond? It is the first-ever Euro denominated Green bond issuance from India. Moreover, it is the first-ever Euro issuance by an Indian NBFC and the first Euro… Continue reading PFC issues India’s first-ever Euro Green Bond
Tag: bonds
Oil bonds and other associated issues – Explained, pointwise
For 7PM Editorial Archives click HERE → Contents1 Introduction2 Deregulation of oil price3 What are oil bonds?4 Previous instances5 Rationale behind issuing bonds by the government6 Issues/concerns7 Suggestions/Measures8 Way forward Introduction The Centre has argued that it cannot reduce taxes on petrol and diesel, as it has to bear the burden of payments in lieu of oil bonds… Continue reading Oil bonds and other associated issues – Explained, pointwise
Centre must step up cash flows to the states
Source: Indian Express Synopsis: Borrowing by states via state development loans has been low in the first quarter of the present financial year. Reasons are discussed. State Development Loans (SDLs) A predominant source for state governments to raise money to finance their fiscal deficit is via SDLs or bonds. RBI facilitates the auctioning of SDLs. SDLs… Continue reading Centre must step up cash flows to the states
Securities market: On the cusp of change
Relevance: A robust financial market is critical for optimum channelization of surplus in an economy. Synopsis: We need to establish a capable financial market system. One of the challenges is the less than perfect functioning of regulatory bodies. Problems with the regulators Concentrated power: Regulators in India are unique in having concentrated power, with an intermixing… Continue reading Securities market: On the cusp of change
