Power Finance Corporation
Indian corporate issued bonds worth Rs 31,521.83 crore in the July-August period, up 50.23 percent year-on-year, provisional data from Prime Database showed. The top issuer in August was Housing Development and Finance Corporation (HDFC), which raised Rs 2,450 crore. In July, the top issuer was Power Finance Corporation, which raised Rs 4,335 crore. Infrastructure bonds [...] Continue Reading »
Fund collected by Indian companies through retail issues of non-convertible debentures has increased over two times during current financial year. A collective amount of Rs 16,982 crore was gathered by 15 firms through their NCDs in the entire 2012-13 fiscal. NCDs are loan-linked bonds which are issued by a company that cannot be changed in [...] Continue Reading »
