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Shadow Lenders in India Line Up Over $1 Billion in Rupee Bonds

Source: Bloomberg

Banking & LiquidityCredit & Bond MarketsInterest Rates & Yields

India’s shadow lenders plan to raise at least ₹100B (about $1.1B) via local-currency bond issuance as early as next week. The timing reflects urgency to lock in borrowing costs ahead of further rises in rates, suggesting near-term funding pressure. Likely to modestly affect credit conditions and bond supply for this segment.

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