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FSDC for urgent steps to set up infra debt funds

Infrastructure Finance
August 1, 2011August 1, 2011
FSDC for urgent steps to set up infra debt funds
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The Financial Stability and Development Council (FSDC), headed by Finance Minister Pranab Mukherjee, has decided to initiate steps for a more vibrant corporate bond market to enable industry to raise debt funds for infrastructure. At its meeting to review the state of the economy and take stock of the situation a day after the Reserve Bank of India (RBI) hiked its key policy rates by a hefty 50 basis points.

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