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Reliance plans rupee bond sale after nearly three years

Reliance Industries plans to return to India’s rupee bond market after nearly three years, with a $1.32 bln fundraising expected via what bankers said could be the largest single-tranche offering since November 2023.

RELIANCERELIANCE1

Mukesh Ambani's Reliance Industries NSE:RELIANCE1! is set to return to India's rupee bond market after nearly three years, five merchant bankers told Reuters late on Monday. The planned sale would be the largest single-tranche fundraising by a rated firm since November 2023.