Indian lenders doubled the amount of funds raised via longer-term infrastructure bonds this year, as increased federal government spending on long-term projects created lending opportunities..
Over the next decade, 17 of the 20 fastest-growing cities in the world are expected to be from India. At the heart of it all are our local municipal bodies that have historically been plagued by a lack of governance and financial discipline. But that is gradually changing! Municipal Corporations looking to seek financial autonomy & instill financial discipline are rushing to the bond market to fund their big & discerning projects. 25 years after the first-ever Indian Municipal Bond and less than 6 months after the doors were opened to retail investors, the Municipal bond market is looking promising. So, what is the attraction to raising funds from bond markets? Also, why would someone bet on Municipal Bonds? What are the returns and challenges? Host Kiran Somvanshi gets the answers from Arnab Choudhury of SBI Capital Markets, Kripanand Shukla of Kanpur Municipal Corporation, Kunal Mandwale of Pune Municipal Corporation and Madan Sabnavis of Bank of Baroda. Tune in to the latest
In the months of April to July, firms raised 3.51 trillion rupees via bonds, of which fundraising in July was the lowest at 539 billion rupees. Bankers said the dip was an anomaly.
Indian corporates could raise record funds through bond issuances this year as they take advantage of attractive interest rates, four merchant bankers said on Tuesday.
"We ..