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More Indian Companies Eyeing Masala Bonds To Raise Money

In July, housing finance major HDFC had raised Rs 3,000 crore through these rupee-denominated bonds.
In July, housing finance major HDFC had raised Rs 3,000 crore through these rupee-denominated bonds.
New Delhi: After Housing Development Finance Corporation (HDFC) and National Thermal Power Corporation (NTPC), several other Indian entities including Indian Railway Finance Corporation are looking at raising funds through rupee-dominated masala bonds in the London Stock Exchange. Three other Indian companies - National Agri Authority of India, Energy Efficiency Services Ltd and Indian Renewable Energy Development Agency Ltd - are a...
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