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Indian loan market shows signs of revival, but faces challenges
Indian borrowers are finally returning to the offshore loan market after months of little to no action. But even as a pipeline builds, bankers remain wary of challenges around execution. Pan Yue reports.
Offshore loan business from India has been battered this year by the Covid-19 pandemic. So far in 2020, borrowers from the country have raised just 24 internationally syndicated loans, down from the 47 deals sealed during the same period last year, according to Dealogic.
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