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During the first nine months (April-December period) of the current financial year, debt mobilisation in the country has seen a 29 per cent growth.
The mopping up of Rs 2,32,252 crore trough bonds on private placement was against Rs 1,80,259 crore mobilised in the corresponding period of the previous year, according to Prithvi Haldea, Chairman & Managing Director of Prime Database.
Mobilisation by the private sector witnessed a significant increase; it went up by 78 per cent to Rs 75,214 crore compared with Rs 42,358 crore in the corresponding period of the previous year. Prime on Monday said mobilisation by PSUs also went up to Rs 20,150 crore compared with Rs 18,280 crore.
Mobilisation by State financial institutions also went up to Rs 3,554 crore compared to Rs 1,326 crore in the same period last year while funds raised by State level undertakings (SLUs) also went up to Rs 5,084 crore compared to Rs 2,150 crore in the same period last year.
The highest mobilisation through debt private placements during the period was by HDFC (Rs 20,220 crore), followed by PFC (Rs 17,549 crore), REC (Rs 13,837 crore), LIC Housing Finance (Rs 11,856 crore) and Nabard (Rs 11,079 crore).
jayanta.mallick@thehindu.co.in
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