[ad_1] By Saikat Das National Bank for Financing Infrastructure and Development plans to raise up to Rs 40,000 crore ($4.8 billion) in local currency bonds, according to people familiar with the matter, as the newly created Indian lender aims to more than double its loans disbursement. NaBFID, as the institution is … Read more
[ad_1] Adhikari said the company hopes to hit the net profit of Rs 5,000 crore-milestone by the end of current financial year on the back of robust loan demand and expansion in non-core business | Photo: Twitter LIC Housing Finance, the mortgage arm of insurance behemoth LIC, plans to mobilise funds through green bonds … Read more
[ad_1] Fundraising via dollar-denominated bonds by Indian corporates touched a 14-year low of $4.1 billion in 2023, as Fed rate hikes pushed US yields against which these bonds are benchmarked, sharply higher. India’s Tata Capital is looking at overseas fundraising for the very first time and hopes to raise around $750 million via offshore … Read more