As the financial landscape evolves, Indian banks are on a robust quest for capital through bond markets. This week, Canara and ICICI banks are poised to unveil bond offerings amounting to an impressive ₹7,500 crore. In a recent maneuver, Axis Bank successfully raised ₹5,000 crore through a strategic private placement of non-convertible debentures.
FPIs’ outflow nears Rs 33,000 crore in May on weaker rupee
However, the trend reversed in March, when foreign investors pulled out a record Rs 1.17 lakh crore. The selling continued in April with net outflows