These flows came at a time when the rupee was plunging to record lows. Thus, they provided cushion to the sliding rupee against the US dollar, slowing the pace of the rupee’s decline. The sum is about half of total overseas funds raised in this financial year via this route.
Sebi proposes exemption for small-value debt issuance, potentially lowering costs for listed issuers
Sebi has put forward a proposal to exempt certain listed companies from the requirement to appoint merchant bankers. This initiative is designed to lower the
August 28, 2026