A bronze bull statue stands at the entrance to the BSE building in Mumbai, India. (Photographer Dhiraj Singh/Bloomberg)
Asia’s oldest exchange remains the preferred choice for fundraising as Indian companies mopped up record capital in the pandemic-ravaged fiscal.India Inc. raised Rs 32.57 lakh crore through stock exchanges in 2020-21, according to data shared by the country’s two largest bourses. This includes funds raised via equity, bonds, real estate and infrastructure investment trusts, and commercial paper.