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

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.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

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