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Shadow lenders line up over Rs 10,000 crore in rupee bonds

In an exciting development, Indian shadow lenders are gearing up to raise a substantial sum of at least ten thousand crore rupees in the near future. Power Finance Corporation is set to invite bids for a massive fifty…

Shadow lenders line up over Rs 10,000 crore in rupee bonds

In an exciting development, Indian shadow lenders are gearing up to raise a substantial sum of at least ten thousand crore rupees in the near future. Power Finance Corporation is set to invite bids for a massive fifty billion rupee bond issuance, while Bajaj Housing Finance and HDB Financial Services are also eyeing significant note offerings. Tata Capital and Shriram Finance are in the process of arranging for considerable borrowings.

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