The government is likely to launch the next tranche of the Bharat Bond ETF by December and expects to raise over Rs 10,000 crore to fund growth plans of central public sector enterprises, according to a senior finance ministry official. The official added that the fund requirements of CPSEs are being worked out and the third tranche of the exchange-traded fund (ETF) will be launched by the end of the calendar year. "We are finalizing on the amount to be raised but it would be over Rs 10,000 crore," the official said.from IndiaTV Business: Google News Feed https://ift.tt/3b3PPp5
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