With the efforts of successive governments, Kerala last month became the first Indian state to go completely digital in public education.
The Kerala Infrastructure Investment Fund Board (KIIFB) became the latest Indian entity to reach out to the international markets for its fundraising needs. The Kerala Infrastructure Investment Fund Board’s (KIIFB) celebrated its debut Masala Bond listing on the London Stock Exchange with a special market open ceremony recently. KIIFB is the first sub-sovereign entity in India to tap the offshore Rupee international bond market with the $312 million equivalent senior secured fixed-rate bond and is aimed at accessing capital from international investors for the southern state’s infrastructure development. “KIIFB strives [...]