REC set to launch tokenised corporate bond sale next week
India’s state-run REC aims to raise 5 billion rupees via tokenised corporate bonds maturing in one year and eight months, merchant bankers said.
By Khushi MalhotraIndia will launch tokenised corporate bonds next week, as state-run REC NSE:RECLTD aims to raise 5 billion rupees ($52.92 million) through bonds maturing in one year and eight months, three merchant bankers said on Friday.This would be India's first debt issue to use blockchain te…