‘Pooled bond’ brings foreign investor to Indian NBFCs
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Asia

‘Pooled bond’ brings foreign investor to Indian NBFCs

rupees 230-150x

Spanish impact fund Magallanes Impacto and India’s Northern Arc Capital’s joint investment in a Rp1.06bn ($15m) ‘pooled bond’ transaction highlighted foreign investors’ interests in India’s non-banking financial companies (NBFCs), as cash-strapped lenders look for alternative sources of funding. Addison Gong reports.

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