Reliance Industries to tap local bond market after 3 years, lines up Rs 12,500 crore issue

Reliance Industries takes the forefront as Indian companies turn to domestic bonds for fund-raising. Banks, with their significant surplus funds, are eager to actively invest as they anticipate potential interest rate hikes. The influx of foreign currency has injected substantial liquidity into the banking system, empowering financial institutions to seize high-quality corporate credit opportunities.

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