Mumbai, April 29 -- Indian companies' fund raising through corporate bonds hit a high in fiscal year 2025, owing to the fall in yields and strong appetite.

According to data released by the Securities and Exchange Board of India (Sebi), Indian firms raised Rs.9.87 trillion through bond sales until March 2025, a 17% jump from the previous year.

"Corporate bond issuances touched a new high last year, driven by a combination of factors. Although the overall year-on-year growth in issuance volumes remained steady, major structural shifts were visible. Banks' infra bond issuances surged to a record level, while the absence of HDFC Ltd's regular bond issuances post its merger with HDFC Bank was notable," said Venkatakrishnan Srinivasan, found...