NBFCs rush to bond market to raise fund to meet festive demand

Non-Banking Financial Companies (NBFCs) are increasingly turning to the bond market to raise funds in anticipation of higher demand during the festive season. This surge in bond issuance reflects the sector's need to secure liquidity to support increased consumer spending and investment activities during the festivities. By tapping into the bond market, NBFCs aim to bolster their capital base and ensure they have adequate resources to meet customer needs and manage operational costs. This trend highlights the critical role of the bond market in providing financing solutions for financial institutions and their ability to adapt to seasonal fluctuations in demand.