Corporate banking to fund Indian firms as five join AIM?

Corporate banking may be increasingly involved with Indian commercial enterprises, as five firms have joined AIM - the London Stock Exchange's (LSE) international market for up-and-coming companies - within the last ten weeks.

The move suggests businesses from the sub-continent are becoming more involved in the global economy, implying corporate banking groups may start to look outside traditional investment options and consider developing economies.

Tracey Pierce, LSE director of equity primary markets, commented: "Our markets are a perfect fit for the country's investment hungry companies - home to the world's deepest pool of international capital and an unparalleled community of internationally-focused advisers."

Oil and gas company Jubilant Energy is among those to have recently floated on the share trading platform, with chief executive officer Ajay Khandelwal expressing his delight at the move.

Other firms of potential interest to corporate banking investment professionals include SKIL Ports and Logistics, which raised $120 million (£76 million) when it joined AIM in early October.  ADNFCR-2318-ID-800253827-ADNFCR