India’s First Debt ETF To Have AAA-Rated State-Run Firms
A businessman holds a briefcase and smartphone as he passes a bank. (Photographer: Simon Dawson/Bloomberg)

India’s First Debt ETF To Have AAA-Rated State-Run Firms

Only state-owned firms that have a rating of ‘AAA’ may raise debt through India’s first debt exchange traded fund, according to a senior government official.Companies like Oil and Natural Gas Corp....
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