INDIA BONDS - Debt market lights up, but flatters to deceive

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INDIA BONDS - Debt market lights up, but flatters to deceive

India's rising bond issuance and rapid economic growth is convincing investment banks to put more staff into what has been a malnourished sector, buoyed by the prospects for infrastructure financing. But government attempts to mop up liquidity are stifling immediate prospects of more debt to follow. Elliot Wilson reports on a stop-start financial sector.

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