IIFL Home Finance plans its first retail fundraise in three years to diversify its liabilities. Filing a draft prospectus to raise up to Rs 3,000 crore, it aims for an initial fundraise of Rs 300-500 crore this quarter. The strategy follows RBI’s move to limit NBFCs’ bank borrowing, impacting their usual funding sources.
Vedanta seeks $450 million to repay top-performing junk bonds
Vedanta’s notes maturing in April 2026 were among the top performers in India’s high-yield sector last year, delivering an 80% return as Agarwal worked to
January 10, 2025