Doubts were raised, but Thomas Isaac backed KIIFB CEO over Masala bonds – The New Indian Express
Through Express press service THIRUVANANTHAPURAM: Even though Finance Minister TM Thomas Isaac defended Kerala Infrastructure Investment Fund Board (KIIFB) borrowing, the decision to approach the international debt market by issuing Masala bonds was controversial from the start. The UDF opposition questioned the logic behind raising funds at a higher interest rate and the lack of […]
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