REC Limited raises ₹500 crore via India’s first tokenised bond
REC Limited raised ₹500 crore through tokenised bonds, the first in India, and the issue was oversubscribed by more than 8 times, signaling strong investor demand for the fundraising mechanism.
REC Limited, one of India’s largest power financiers, raised ₹500 crore through tokenised bonds, the first such issue in India. The issue was oversubscribed by more than 8 times, indicating strong investor demand for the new fundraising mechanism. If successful, the experiment could p…