Indian companies likely to raise funds via public issues in 2023 as cash tightens: Bankers

Indian companies likely to raise funds via public issues in 2023 as cash tightens: Bankers

Fundraising through public issues could see an uptick in 2023 as retail investors bet on attractive interest rates and companies look to diversify their funding portfolio under tightening liquidity conditions, bankers and analysts said. Indian companies raised around 5.38 trillion rupees ($64.95 billion) through private placements in 2022, largely aided by the banking system’s massive … Read more