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UDAY bonds News

20 Nov 2018

Over 70% Uday bonds to mature during 2019-27: Icra

On November 5, 2015, the government of India had approved the UDAY scheme with an objective of financial turnaround of the state power distribution corporations (Discoms).

22 Apr 2016

State discoms raise Rs 99 lakh crore via UDAY Bonds in FY'16

Eight states have issued bonds worth over Rs 98,959.96 crore under UDAY Bonds scheme in 2015-16, which is aimed at improving operational and financial efficiency of state power distribution companies

28 Mar 2016

State governments likely to run wider fiscal deficit in FY17: HSBC

State governments are likely to run wider fiscal deficit in financial year 2016-17 because of higher interest bill and wage hike pressures, an HSBC report said on Monday.

16 Mar 2016

Rajasthan issues Rs 28,400 crore bonds to 26 banks under UDAY scheme

Rajasthan has issued Rs 28,455 crore bonds under UDAY scheme, meant for the revival of power distribution companies, to 26 banks at an interest rate of 8.39 percent.

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