Bond market warms up to NBFCs, but India's top-rated companies benefit

India’s top-rated private and government-owned companies may be enjoying record low rates in markets for their short-term money, but the situation has not improved much for lower-rated firms, particularly in the financial sector. However, sporadic issues of bonds have begun. The liquidity situation for non-banking financial companies (NBFCs), which had been facing a crunch on this front for some time now, is improving. But even in this segment, the benefit has mostly gone to well-rated companies which have started issuing debt papers in larger numbers.   Financial c.....

Business Standard is now on Telegram.
For insightful reports and views on business, markets, politics and other issues, subscribe to our official Telegram channel
Key stories on business-standard.com are available to premium subscribers only.

Already a premium subscriber?

Subscribe to get an across device (Website, Mobile Web, Iphone, Ipad, and Android Phone applications) access to Premium content, Breaking News alerts, Industry Newsletters, Stock and Corporate news alerts, access to Archives and a lot more.