10-07-2025
Sluggish Loan Growth Drags India Bank Bond Sales to 11-Year Low
Indian banks' rupee-bond sales have dropped to the lowest in 11 years, diverging sharply from a booming corporate debt market.
Banks have raised 59.2 billion rupees ($691 million) in additional tier 1 and tier 2 notes — debt that counts as capital — so far this year. That's a 52% drop from a year earlier and the lowest issuance since 2014, according to data compiled by Bloomberg.
