Financial Daily from THE HINDU group of publications
Tuesday, Dec 31, 2002
Financial Daily from THE HINDU group of publications Tuesday, Dec 31, 2002 |
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Money & Banking
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Govt Bonds MSRDC redeeming Regular Return Bonds Our Bureau
MUMBAI, Dec. 30 THE Maharashtra State Road Development Corporation (MSRDC) on Monday commenced redemption of its Rs 800-crore Regular Return Bonds series - I by issuing a cheque of Rs 175 crore to the Unit Trust of India (UTI), the largest investor in RRBs. The State-owned corporation has made provision to meet redemption commitments for RRBs, the MSRDC Vice-Chairman and Managing Director, Mr P.D. Karandikar, said at a function held here to hand over the redemption instrument to investors.
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