Indian Banks Lured by 14-Year Low Borrowing Costs Binge on Bonds
The portrait of Mahatma Gandhi is displayed on an Indian 2,000 rupee banknote in an arranged photograph in Thailand. (Photographer: Brent Lewin/Bloomberg)

Indian Banks Lured by 14-Year Low Borrowing Costs Binge on Bonds

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(Bloomberg) -- Rupee bond sales by Indian banks are off to the best start in five years as the lenders lured by record-low borrowing costs seek funds to bolster loans and capital buffers.