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The second tranche of Bharat Bond ETF (exchange traded fund) was over-subscribed 3.7 times, collecting Rs 10,992 crore.
Bharat Bond ETF was launched on July 14 and closed on July 17. The base issue size was Rs 3,000 crore with a green-shoe option of Rs 12,000 crore, taking the total size to Rs 15,000 crore.
"The Bharat Bond NFO Tranche II has seen resounding success, receiving applications amounting to Rs 10,992 crore," Edelweiss Asset Management said in a statement.
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The United States on Monday slapped the regional strongman leader of Russia's republic of Chechnya with sanctions over human rights violations.
Ramzan Kadyrov, 43, has run Chechnya like his personal fiefdom, relying on his security forces to quash dissent. International human rights groups have accused Kadyrov and his lieutenants of abductions, torture and killings of their opponents.
Rights defenders also hold the Chechen authorities responsible for a sweeping crackdown on gays over the past few years that has seen more than 100 people arrested, subjected to torture, with some of them killed. Chechen authorities have denied those accusations, and federal authorities said a probe found nothing to support the charges.
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Brexit will make markets less efficient but it won't be disastrous for Britain's economy, an appointee to the Bank of England's Financial Policy Committee (FPC) said on Monday.
Britain left the European Union in January, with transition arrangements that afford continued full access to the bloc ending in December.
"It will cause fragmentation, it will cause inefficiency, there will be problems with regulation, but it's not going to be disastrous... for the economy," Jonathan Hall, told a confirmation hearing in parliament's Treasury Select Committee.
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Topics :Today Newstop news of the dayRajasthan CongressAdjusted gross revenueTelecom companies
First Published: Jul 20 2020 | 7:43 AM IST