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Tata Capital plans to raise $750 million through overseas bonds or loans to diversify its liability base. The company s loan book stands at around $18.1 billion and aims to grow at over 25%. Funding costs for NBFCs have risen, and the corporate bond yield curve remains inverted. ....
India Business News: MUMBAI: Tata Capital is looking at overseas fundraising for the very first time and hopes to raise around $750 million via offshore bonds or loans in . ....
Canada Life has closed its onshore bond and personal pension operations with immediate effect with its wealth division’s focus now shifted to offshore bond products. ....
The move to buy back shares is seen as an attempt by the company to boost investors confidence, which suffered a setback after its shares were delisted in July by the New York Stock Exchange due to its failure to disclose FY22 annual audited results within the mandated deadline. It eventually published its results on October 12, 2023. ....