India shadow lenders set to issue at least 100 bln rupees bonds
India’s shadow lenders plan to raise at least 100 billion rupees ($1.1 billion) via local-currency bond issuance as early as next week, aiming to lock in borrowing costs before they rise further.
India’s shadow lenders are set to raise at least 100 billion rupees ($1.1 billion) through the issuance of local-currency bonds as early as next week, according to people familiar with the matter, as they race to lock in borrowing costs before they rise further.State-run Power Finance Corp. is seek…