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Funds mop up via public debt issues rises 150%

Our Bureau Mumbai | Updated on November 27, 2017 Published on May 13, 2014




Mobilisation of funds through public debt issues in FY14 increased by 150 per cent to ₹42,383 crore against ₹16,982 crore mopped up in FY13, according to Prime Database. “This was mainly on account of tax-free bond raisings (86 per cent of total amount) by financial institutions and PSUs,” said Pranav Haldea, Managing Director of Prime Database.

Twenty institutions and corporates accounted for the total funds raised in FY14.

Published on May 13, 2014
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