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Indian states to sell bonds to foreign investors
Competition for funds in sale of up to US$7.6b in debt could force spendthrift provinces to clean up their books and tighten spending controls
Published Sun, Oct 11, 2015 · 09:50 PM
Mumbai
INDIA'S states are gearing up to sell up to US$7.6 billion in debt to foreign investors for the first time, stepping up competition for funds that could force the country's spendthrift provinces to clean up their books and tighten spending controls.
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