According to a report by Prime Database, ". . . fiscal 2011-12 witnessed a mobilisation through corporate bonds on private placement basis of Rs 2,51,437 crore (Rs 2,514.37 billion) , significantly higher than the preceding year's mobilisation of Rs 1,92,225 crore (Rs 1,922.25 billion)."
This marks an increase of 31 per cent in the total size of such funds from the levels seen in 2010-11.
The amount was mobilised by a total of 164 institutions and corporates, the report added.
In debt private placements, the companies issue debt securities or bonds to institutional investors to raise capital.
In 2002-03, Indian companies had garnered Rs 48,424 crore (Rs 484.24 billion) through private placement of debt.
In 2008-09 and 2009-10, they raked in Rs 1,74,327 crore (Rs 1,743.27 billion) and Rs 1,89,490 crore (Rs 1,894.90 billion, respectively.
The funds raised by all-India financial institutions and banks grew by 38 per cent to Rs 1,60,369 crore in the fiscal year 2011-12.
At the same time, the funds raised by the private sector slipped by three per cent to Rs 58,134
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