Reliance Set to Raise Rs 10,000 Crore as Companies Rush to Tap Surplus Bank Liquidity
Reliance Industries is preparing to raise Rs 10,000 crore next week through a 10-year bond, underscoring a sharp pickup in corporate borrowing as banks sit on surplus liquidity. The move comes as other issuers, including Adani Airport Holdings, line up debt sales this Friday, ahead of the Reserve Bank of India’s policy decision on October 7.
