Asian credit correspondent
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New rules to bring more Indian bond offerings online will increase transparency, but threaten the role of intermediaries, according to market participants.
Rising bond yields in India are casting fresh doubts over the government’s plan to recapitalise the banking sector, as state-owned lenders face huge losses on their fixed-income portfolios.
Trust Investment Advisors helped issuers across the credit spectrum raise funds in a busy year for the rupee debt capital markets following the Reserve Bank of India’s demonetisation exercise.