Financial Daily from THE HINDU group of publications
Tuesday, Jan 10, 2006
Financial Daily from THE HINDU group of publications Tuesday, Jan 10, 2006 |
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Money & Banking
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Investment Banking `Indian papers in good demand' Our Bureau
Chennai , Jan. 9 CALYON Corporate & Investment Bank topped the charts of mandated arrangers and book-runners in the Indian syndicated loans market for 2005. The bank arranged 31 of the 65 offshore fund raisings in 2005. It helped raise $986 million of the $8 billion that was raised in 2005. The offshore Indian loan market grew 82 per cent last year to $8 billion from $4.42 billion in 2004. Mr Atul Sodhi, Head of Corporate Banking - India, Calyon Bank, Mumbai, said, "The India story is still very strong, whether it is equity or debt. Indian paper is seeing good offtake in the overseas market. We think this year is promising and should see a wider clientele tapping this market."
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