Tata Capital is investing in the issuance of Vodafone Idea bonds

Mumbai: Tata Capital pumped around ₹500 crore into Vodafone Idea’s latest bond sale, people familiar with the ₹3,300-crore fundraising told ET. This demonstrates an increasing exposure of non-banks to stressed but important businesses that otherwise struggle to raise funds from mainstream banks. JM Financial Credit Solutions, Aditya Birla Capital and Hero Fincorp have committed around […]