NEW DELHI: Fund raising by listed companies through private placement of corporate bonds plunged to a six-year low in 2021-22 to Rs 5.88 lakh crore owing to good performance of the equities and aggressive fund disbursal by banks at lower interest rate.
This was 24 per cent lower from a record Rs 7.72 lakh crore mobilised in 2020-21, data with Securities and Exchange Board of India (Sebi) showed.