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Sunday, July 12, 2020

ICICI Bank, HDFC appoint bankers for fundraising

Both entities are expected to sell securities in 1-2 months as they gear up for a possible spurt in demand for loans once economic activities get back on track after the Covid-19 pandemic. They are taking advantage of a more than 30 per cent rally in stocks, fuelled largely by foreign institutional inflows, from record lows in March.

from Markets-Economic Times https://ift.tt/38U8WzZ
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