Shriram Transport Finance to raise up to $250 mn from overseas bonds to augment on-lending programme
Shriram Transport Finance Company will raise up to $250 million from global markets to augment its on-lending programme
"These measures are intended to further deepen market development, enhance participation, facilitate greater market liquidity and improve communication," an RBI release said.
Last year domestic companies had mopped up USD 16.5 billion, up 65 per cent from 2012.<br />
Private sector lender ICICI Bank said it has raised $750 million through bonds in the international market.