Record number of IPOs hitting markets to ENCASH the DEMO effect. Corporates learnt big lesson in raising debt from banks. Now raising through markets. It is good sign. mfs flooded with Cash every month which is driving IPOs.
We are still lower compared to US
This will put pressure on PSU BANKS further.
It is good for economy in the long run. Political lobying made easier for corporates to get loans from PSU BANKS which will not be possible henceforth. Raising through markets will become norm of the day.
As per this report we will have job opportunities in MFs. Techies should join short term courses on Financial Markets