NABARD Bonds

REC may visit market with 10-yr paper next week

Nabard will work on a viability plan for 22 regional rural banks in the next six months to address issues of capital adequacy, business growth and human resources

The estimates are 9.7% higher compared to Rs 2.68 trillion in FY20

It will first conduct such exercise on pilot basis and then scale up to cover 400 entities under its supervisory ambit

Nabard has introduced new features like multiple pricing of bonds, tripartite repos and 15-year tenor debentures

Nabard would look at the feasibility of tapping Masala bonds, which would need Reserve Bank of India's nod