Total deposits at the end of March quarter stood at Rs 12.04 lakh crore.
Vedanta announced that it has cleared all its debt obligations that were scheduled for repayment until March this year.
The company has announced Ganesh Mohan as the chief executive officer (CEO) of the asset management company.
Bonds will be either issued publicly or through private placement.
The scheme would invest predominantly in floating rate securities as well as fixed interest rate securities swapped for floating rate returns.
It produced 6.58 million tonnes of crude steel in the March quarter.
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