Bond Funds

Bond markets are expected to be stable amid the crude oil shock as the RBI and government will work together to minimise the impact by keeping easy liquidity and tapping into their strategic oil reserve, opine experts.

REC plans to raise up to ₹1,55,000 crore through private placement of bonds, pending shareholder approval. The funds will be raised in tranches over one year. The board also approved the dissolution of Rajgarh II Power Transmission Limited due to operational changes.