India's REC Issues First Tokenised Bond, L&T Plans Similar Blockchain-Based Offering
India's Rural Electrification Corporation (REC) raised Rs 500 crore through the country's first tokenised bond issuance, using blockchain technology to enable digital ownership and faster settlements. The bonds carry a 7.30% coupon and mature in about one year and eight months. Major banks like HDFC and ICICI participated, using the Reserve Bank of India's digital currency. Following REC's success, Larsen & Toubro plans a similar tokenised bond issue, signaling potential growth in India's debt market through blockchain-based infrastructure.
First-hand measurement across 3 sources
We measured how 3 outlets covered this story. No outlet gave this story a measurable political slant — there is no left–right reading to report. Overall sentiment is neutral (59/100). Lens Score 42/100.
Outlets measured: moneycontrol, thefinancialexpress, mint. See how each one headlined and framed the same story in the source comparison below.
AI Analysis
Sentiment was consistent across outlets (55–55/100), indicating broadly factual reporting rather than editorialising.
Coverage timeline
mint broke this story on 7 Sept, 09:50 am. Other outlets followed.