India’s shadow lenders are set to raise at least 100 billion rupees ($1. 1 billion) through the issuance of local-currency bonds as early as next week, according to people familiar with the matter, as they race to lock in borrowing costs before they rise further.

Source: [Bloomberg Markets](https://www.bloomberg.com/news/articles/2026-09-02/shadow-lenders-in-india-line-up-over-1-billion-in-rupee-bonds)

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