Indel Money readies its biggest ever public sale of debt: Bankers

Indel Money is planning to sell a large amount of debt to the public, its biggest fundraising effort ever, worth up to five billion rupees. This move is significant because it will allow the company to raise much-needed funds, which can be used to invest in new projects or pay off existing debts. For markets, this development could indicate a growing demand for debt financing, potentially influencing interest rates and investor sentiment.

Read the source report: Economic Times