The Tata group firm filed documents with Sebi, Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) on November 29. The firm advertised the move in some leading daily newspapers on Thursday. ET in its November 11 edition was the first to report about this development.
Corporate loan demand outpaces retail credit as firms shift from bonds to banks
Corporate sector borrowing from banks is accelerating past individual loans, driven by companies seeking cost savings as corporate bond yields climb. Recent RBI rate cuts