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Fund raising may hit Rs 4 lakh cr in '10

Fund raising may hit Rs 4 lakh cr in '10

Rediff.com13 Oct 2010

Indian companies have raised over Rs 3.13 lakh crore up to September, excluding foreign currency convertible bonds (FCCBs) and external commercial borrowings in September. This is close to the cumulative Rs 3.14 lakh crore raised in 2009.Inc's highest fund mobilisation was in 2007, when it mopped up over Rs 3.20 lakh crore.