The funds will be used by Kinara Capital for expanding financial inclusion of MSMEs, across manufacturing, trading, and services sectors in India. It has has disbursed Rs2,000 crore across 56,000 collateral-free small business loans
Bharti Airtel to decide on bond issuance on or after 23 Feb
A Bharti Airtel office building
(REUTERS)
After meeting global investors, the deal may or may not follow, the board clarified
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Telecom major Bharti Airtel on Monday said it will meet global fixed income investors on or after February 23, post which the company will take a final decision on the issuance of foreign currency bonds, subject to market conditions.
The Bharti Airtel board had earlier this month approved fundraising plan of up to ₹7,500 crore via debt instruments such as debentures and bonds, in one or more tranches.