Indian cos mop up close to Rs 10 lakh cr in 2020
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Last Updated: Dec 20, 2020, 03:31 PM IST
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Debt route turned more attractive for many Indian corporates for multiple reasons, including that there won t be dilution of promoter equity, according to experts.
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New Delhi: Not-so-expensive credit avenues, benign capital markets and the scramble to built a liquidity war chest to fight pandemic-induced financial woes saw Indian companies mopping up close to Rs 10 lakh crore through equity and debt in 2020. And the bullish trajectory is expected to continue next year too.
With most of the developed markets awash with cheap credit, thanks to low interest regimes, entities from emerging markets like India tapped the low cost funding options.
Despite COVID-19 pandemic, India Inc raised Rs 10 lakh crore this year
Fresh capital has been gathered to create a war chest of liquidity, fund growth, expansion plans and refinance high-cost debt, while a large amount raised from IPOs went to the shareholders and promoters
BusinessToday.In | December 20, 2020 | Updated 21:56 IST
Indian corporates managed to raise around Rs 10 lakh crore through equity and debt in 2020 as India, due to its low-interest regimes, tapped the low-cost funding options from most of the developed markets flooded with cheap credit.
Domestic corporates garnered Rs 9.85 lakh crore collected till December 15 2020 - out of which Rs 7.3 lakh crore was collected from the debt market; Rs 2.46 lakh crore came from the equity market; nearly Rs 7,100 crore arrived through the overseas route - showed data compiled by Prime Database.
Flush with funds in COVID times: Indian companies mop up close to Rs 10 lakh crore in 2020 financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
Flush with funds in Covid times: Indian companies mop up close to Rs 10 lakh cr in 2020
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This story is from December 20, 2020
Flush with funds in Covid times: Indian companies mop up close to Rs 10 lakh cr in 2020
PTI / Dec 20, 2020, 15:17 IST
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NEW DELHI: Not-so-expensive credit avenues, benign capital markets and the scramble to built a liquidity war chest to fight pandemic-induced financial woes saw Indian companies mopping up close to Rs 10 lakh crore through equity and debt in 2020. And the bullish trajectory is expected to continue next year too.
With most of the developed markets awash with cheap credit, thanks to low interest regimes, entities from emerging markets like India tapped the low cost funding options.
Despite COVID-19 pandemic, India Inc raised Rs 10 lakh crore this year
Fresh capital has been gathered to create a war chest of liquidity, fund growth, expansion plans and refinance high-cost debt, while a large amount raised from IPOs went to the shareholders and promoters
BusinessToday.In | December 20, 2020 | Updated 21:56 IST
Indian corporates managed to raise around Rs 10 lakh crore through equity and debt in 2020 as India, due to its low-interest regimes, tapped the low-cost funding options from most of the developed markets flooded with cheap credit.
Domestic corporates garnered Rs 9.85 lakh crore collected till December 15 2020 - out of which Rs 7.3 lakh crore was collected from the debt market; Rs 2.46 lakh crore came from the equity market; nearly Rs 7,100 crore arrived through the overseas route - showed data compiled by Prime Database.