Reliance Set to Raise Rs 10,000 Crore as Surplus Bank Liquidity Spurs Debt Rush
Reliance Industries Limited is preparing to raise Rs 10,000 crore next week through a 10-year bond, joining a growing queue of Indian companies tapping a banking system awash with surplus liquidity. The move comes as issuers move quickly to lock in funding before the Reserve Bank of Indiaโs policy decision on October 7, with Adani Airport Holdings also expected to raise significant funds this Friday.
