This would mark the Adani Group's largest domestic bond issuance to date. According to sources, major investors in the proposed NCD issue include SBI, ICICI Bank, Axis Bank, and Kotak Mahindra Bank, among others. The proceeds from the fundraise are expected to be used for general corporat
India's Non-Banking Financial Companies (NBFCs) are moving away from traditional way of bank borrowings and increasingly turning to public deposits and domestic bond markets for substantial capital raising, according to a recent report by Deven Chokesey Research.
Adani Ports and Special Economic Zone (APSEZ) on Friday announced it has successfully raised Rs 5,000 crore through a 15-year Non-Convertible Debenture (NCD).