Synopsis
Local companies, including banks, could raise between $95-100 billion via primary bond sales this financial year, which could be marginally higher than a year before, estimates ICICI Bank.
MUMBAI: Corporate India, including local financiers, could raise a record $127 billion through equity and bond sales in FY21, pointing to the need for additional capital in a year that witnessed unprecedented business disruptions caused by the pandemic.Local companies, including banks, could raise between $95-100 billion via primary bond sales this financial year, which could be marginally higher than a year before, estimates ICICI Bank.”You may
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Credit: economictimes.indiatimes.com
