Companies raise over ₹8k cr on e-book platforms
Indian companies have raised over ₹8,000 crore from 30 issuances of debt securities on the new electronic book mechanisms on stock exchanges since their launch on July 1, according to data. The funds were generated from sources like banks, foreign portfolio investors, and corporates, among others. The platforms, BSE-BOND and NSE-EBP, promote online bidding for private placement of debt securities.