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RBI:Issuances of UDAY Bonds by States during 2015-16

RBI:Issuances of UDAY Bonds by States during 2015-16

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In order to improve the operational and financial efficiency of State power distribution companies (DISCOMs), Ministry of Power, Government of India had framed UDAY (Ujwal DISCOM Assurance Yojana) scheme on November 20, 2015. As part of the scheme, Reserve Bank of India had issued the special bonds (nonSLR special securities) on behalf of eight State Governments during 2015-16.More InformationIssuances of UDAY Bonds

Anand Gupta Editor - EQ Int'l Media Network

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