Financial services continued to bear the brunt of unabated foreign selling as investors dumped shares of ₹5,344 crore in the first 15 days of February after selling around ₹25,000 crore in January. In 2024, they pulled out shares worth ₹58,280 crore from the sector.
Axis Bank set to raise $700 million through ECB swap facility
Axis Bank is set to secure seven hundred million dollars through a dedicated external commercial borrowing facility. This loan features two tranches with tenures of