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