Field gets wider for IPO funding after RBI caps borrowing

Many smaller NBFCs are likely to enter the estimated Rs 80,000-crore short-term funding market, hitherto the preserve of large entities such as Bajaj Finance, IIFL, and JM Financial. To be sure, the IPO financing market might shrink after the Rs 1-crore limit per borrower kicks in on April 1.

from Markets-Economic Times https://ift.tt/3CbLBrv