Running Out of Options, India Shadow Banks Sell Bonds to Public
dian two thousand and five hundred rupee banknotes are arranged for a photograph in Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)  

Running Out of Options, India Shadow Banks Sell Bonds to Public

(Bloomberg) -- Faced with high borrowing costs and a sustained shortage of liquidity in India’s money markets, shadow banks are increasingly pitching bonds with high coupon rates to the public, who...
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