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Firms rush to sell short-term debt
Financial Express Lucknow
|May 29, 2025
INDIAN FIRMS HAVE stepped up short-term bond sales with issues worth around ₹27,000 crore lined up through Thursday as the Reserve Bank of India's rate cuts and hefty liquidity injections have made these borrowings cheaper.
The issuers, which include three large state-run institutions and five big non-bank finance companies, will raise the funds through bonds maturing within five years, merchant bankers said.
Overall, companies have raised about $20 billion through private placement of bonds in the financial year that started on April 1.
This story is from the May 29, 2025 edition of Financial Express Lucknow.
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