The recent move to ease foreign listing for Indian companies comes even as the route has been languishing over the past few years.
There has been only one such instance since financial year 2015-16 (FY16). HDFC Bank had raised capital through issues of depository receipts in FY19.
This is in contrast to earlier years. The largest amount raised in a single year was $7.7 billion in FY08 though 33 issuances, shows data from market tracker Prime Database. The largest number of issuances was in FY06. A total of 56 issues raised $3.6 billion.
The decadal average of
There has been only one such instance since financial year 2015-16 (FY16). HDFC Bank had raised capital through issues of depository receipts in FY19.
This is in contrast to earlier years. The largest amount raised in a single year was $7.7 billion in FY08 though 33 issuances, shows data from market tracker Prime Database. The largest number of issuances was in FY06. A total of 56 issues raised $3.6 billion.
The decadal average of

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